Intel Stock Mailbag: 3 Things You Need to Know
Today, I'm going to answer three reader questions about Intel (NASDAQ: INTC) stock.
Intel is one of the world's largest and most profitable chip companies, commanding a market capitalization of over $200 billion as of writing, and is on track to generate more than $16 billion in operating income this year .
Image source: Intel.
Intel dominates the market for PC and server processors and is pursuing multiple new growth opportunities such as flash memory -- a type of non-volatile memory, or memory that retains its contents even when it's disconnected from power -- along with network processors and even cellular modems.
Intel's a hugely successful company, but some worry that it might not be able to stay successful. It's facing increasing competitive threats across its core markets and has arguably seen its position in chip manufacturing technology slip, as a result of delays in the rollouts of new manufacturing technologies.
Against this backdrop, here are three questions from readers, along with my answers.
1. Where can Intel's stock price go?
Here's the first question I received:
