
Hikes Heard ‘Round the World, Unsurprisingly Horrible, and Shrinking Shrink 6/22/23
The Exchange
00:00
Intel Stock Bottoming
Sima Modi: Most chip stocks have been on a tear this year as AI kindles huge demand for more processing power. Even Intel higher, although it lags market leaders in Vidya and AMD. And the shares are still down 13% in total over the past 52 weeks. But my next guest says the stock may be bottoming. Stacey Raskin is senior semiconductor analyst at Bernstein.
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