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Is Intel Stock a Buy Now?
The former chipmaking king faces an existential crisis.
Intel (NASDAQ: INTC) was once a reliable blue chip stalwart for long-term investors. As the world's largest manufacturer of x86 CPUs for PCs and servers, it generated stable growth, consistently bought back its own shares, and paid a dependable dividend.
Unfortunately, its net income has declined for the past six consecutive years, it hasn't bought back any shares over the past four years, and it suspended its dividend at the end of 2024. Its stock price plummeted more than 60% over the past five years as the S&P 500 more than doubled. It was also removed from the Dow Jones Industrial Average last November.
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