Despite a significant comeback in 2023, Intel‘s (NASDAQ:INTC) share price has plummeted in 2024. The chipmaker’s shares have actually fallen nearly 40% since the start of the year.
While some may be quick to blame the cloud macroeconomic environment on INTC’s poor performance, there are a number of company specific pressures that have led to its severe underperformance compares to its chipmaking competitors.
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