Technology
Intel: A Market Leader At A Great Price – Seeking Alpha
Intel stock’s steep price drop due to the 7nm delay is an opportunity to buy. Intel has leading market share in personal computers and servers, a moat that is very likely to be strengthened by the new tiger lake architecture processors.
Introduction
Intel (INTC) stock dropped hard after reporting a delay in the release of their 7nm chipsets despite reporting strong Q2 performance. This delay means the new chips, which were scheduled to be released by end of 2021, won’t arrive until late 2022, or early 2023.
Source: Bing
Mr. Market is concerned about Intel sliding into irrelevance. The analyst downgrades are primarily due to the fact that Advanced Micro Devices (AMD) already has its 7nm chips in the market and will slowly ste…
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