Was Intel hiding its big problems all along?

  • Alphane Moon@lemmy.world
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    1 month ago

    I would say this is good time to buy intel stock. But I am no expert when it comes to investing.

    With their current position, you don’t need to be an industry insider or work in the semiconductor industry to see that they’ve been in a tough spot for a while and that it will take many years for them to turnaround their business. Just my opinion.

    • cm0002@lemmy.world
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      1 month ago

      For a long term investment, I’d say it’s a good time to buy. Years back I bought a bunch of AMD stock when they were around 2 or 3 bucks a share and everyone was talking about how AMD is going to go under, some 10 years later it’s now sitting at 130/share

      Intel is much bigger than AMD, so i’d say the likelihood of them pulling off a similar recovery in the years ahead is pretty high

    • Dudewitbow@lemmy.zip
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      1 month ago

      id agree only because its on the list of companies the government would pay to keep alive due to how vital they are. so if there was any time to buy it, it would be to buy it low because its probably not going to completely go away.