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Once a Giant, Now a Joke - Intel's Latest Faceplant Sends Customers into Rage...

By Stocks News   |   Sep 5, 2024 at 02:39 PM EST   |   Stock Market News
Once a Giant, Now a Joke - Intel's Latest Faceplant Sends Customers into Rage...

We all know the story so far. Intel sucks. Like really bad, and while they used to be the Goliath everyone feared in the chip arena, Intel has now become a frail giant with a bad knee, trying to catch up to the young and promising tech leaders with big, thick, and veiny revenue streams - aka, Nvidia and AMD

(Source: Giphy) 

However, Intel, the company that used to be as dominant in PC processors as Bill Clinton was in sex scandals (it’s a joke guys… geez), has once again face planted - proving to everyone that  the company's 2024 comeback story is… well, non-existent. 

(Source: CNBC) 

In short, Intel's Core i9-13900K processor has been marketed as the holy grail for gamers and power users, but now, it’s become more like a cursed relic that sends its keyboard warrior consumers to Reddit to vent their built up frustrations. And more recently, with Return Merchandise Authorization (RMA) requests piling up, and customers facing delays of 4-5 weeks (or longer), Intel’s supply chain is becoming as stable as a crack head's last tooth. 

(Source: PC Games) 

You see, according to one “poor bastard and a sneaky leaked email”, Intels stock availability  issues are the root of these delays. Translation: Intel’s manufacturing process is about as reliable as a McFlurry machine. Meaning, for a company that built its rep on reliability and performance, the “Intel Inside” slogan is now turning more into “Dead Inside”. 

Aside from the Core i9 struggles, Intels other “much hyped” 18A process was supposed to be the magic bullet that would propel the company back to the top of the semiconductor food chain. Instead it’s starting to look more like a major flop as Broadcom (one of Intel’s big name clients”), has already pulled back, citing “concerns” about Intel’s ability to deliver high-performance chips on time. Which is no bueno at all…

(Source: Investopedia) 

Especially since Intel is nestled in an industry where delays are the kiss of death, and other competitors are actually making progress in more advanced 2- nanometer chips by 2025 (like Taiwan Semiconductors). Meaning, if you’re an Intel investor, how many more times do I have to say it this week? Things are getting worse and worse as the weeks go on. 

Intels stock is already down a jaw-dropping -58% YTD. But now, throw in a 15% workforce reduction, and CEO Pat Gelsinger's pathetic attempt to save the company his job with “strategic options”, well, you have a recipe that screams “Blockbuster” vibes. 

(Source: Forbes) 

Now I apologize if I’m cutting Intel to the Core (pun intended) in this, but the sad reality is… well, sad. The AI race is the semiconductor industry’s version of the Olympic Games. And right now, Intel is barely making it out of the qualifying rounds. While competitors like Nvidia are out there breaking records and setting new standards, Intel’s AI game is so poor, it doesn’t have a pot to piss in.

(Source: Giphy) 

Which is why the struggles the company has experienced in the PC game recently is even more catastrophic. I mean, sure, the PC market might not be the growth engine it once was, but for Intel, it’s still a bread-and-butter business. However, Intel’s ability to deliver reliable, high-performance processors is starting to look as outdated as a MySpace profile. 

So with that said, what’s the takeaway with all of this? Well, to put it simply, Intel could either be the greatest “BTFD” of the century, or it’s about as hopeless as a hospice patient. And right now, my thoughts are on the latter.

(Source: Giphy) 

As we know, the AI game is full steam ahead, and most of the gains that come from “early movers” and “early adopters’ have already been claimed by other competitors. Meaning, it’s going to take a massive clusterf**k of legit awesomeness for Intel to come back on top. Yet, right now, from the looks of it, the odds of that happening are about as good as Leonardo DiCaprio dating someone over the age of 25 - slim to none. 

(Source: Marca) 

But, but, but… 

While Intel works whatever magic it has left to get back into the semiconductor game, our Stocks.New alert yesterday officially hit a peak +162.08% move in… get this… LESS than 24 hours from publishing. What’s more, is that not only did our premium members come out winning bigly from this alert, but it marks our fifth TRIPLE digit winner in a row. How bout dat? 

Meaning, why stress your brain cells worrying about Intel getting its sh*t together when Stocks.News premium members are literally capitalizing on the most explosive market opportunities every… single… week?

Now only you can decipher that logic, but for those who smell what I’m steppin’ in, hurry and upgrade to Stocks.News premium before our next alert! It’ll be a banger I’m sure. 

In the meantime, stay safe and stay frosty, friends! Until next time… 

Stocks.News holds positions in Intel as mentioned in the article. 

 

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Disclaimer: Information provided is for informational purposes only, not investment advice. We do not recommend buying or selling stocks. Stock price discussions are based on publicly available data. Readers should conduct their own research or consult a financial advisor before investing. Owners of this site have current positions in stocks mentioned thru out the site, Please Read Full Disclaimer for details Here https://app.stocks.news/page/disclaimer


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