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Intel stock is not valued even close to its competition

Por: MarketWatch Politics February 03, 2024

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There were some obvious reasons. One is that Mobileye Global saw its forecast get slashed, and the stock got pummeled. Intel’s significant investment and position in Mobileye certainly impacted its own guidance. Plus, both network and internet-of-things spending has declined.  While those reasons were noted by investors and analysts, make no mistake, the data-center business is where the alarm bells went off. The growth this quarter was OK,... + full article



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