Despite all the issues regarding a new CEO, Intel has made a fantastic recovery from the December lows. It is expected to reach a new high but maybe a slight retrace first along with the broader chip sector which is quite overbought. This is a safe stock and rewards its shareholders. Stick with it long term, it could be said it is the adult in the room of chip stocks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.