Reverse Stock-Split Watch: Is Intel Next?
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Intel's share price has plummeted nearly 50% over the past year, dropping its market capitalization below $100 billion. As the company struggles to compete with rivals like Nvidia and AMD, a reverse stock split may be on the horizon. This move could elevate Intel's share price to around $100, aligning it more closely with its competitors, despite not changing the company's fundamentals. Investors should prepare for this potential strategy as Intel aims to reinvigorate growth in the competitive AI chip market.
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