Intel Corporation Stock Rating Upgraded Amidst Growing Competition with TSMC

Wednesday, 3 April 2024, 15:30

Intel Corporation's stock has lagged behind the S&P 500 Index in 2024. An upgrade on INTC stock recommendation is imminent as Intel Foundry prepares to take on TSMC in the market. Investors can expect increased competition and potential growth in the semiconductor industry.
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Intel Corporation Stock Rating Upgraded Amidst Growing Competition with TSMC

Intel Foundry vs TSMC: Stock Rating Upgrade

Investors of Intel Corporation have experienced underperformance compared to the S&P 500 Index since the beginning of 2024. An upgrade is anticipated due to growing competition with TSMC in the semiconductor market.

Market Challenge and Opportunity

  • Intel Foundry: Ready to compete with TSMC
  • TSMC: Industry leader facing new competition

Despite challenges, the upgrade signals a potential buying opportunity for INTC stock.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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