Why is Intel stock so low ? Should I buy it ? Can it go lower ?

Hi,

Why is the price of Intel stock so low ? What caused the price decrease ?

Is it good time to buy the Intel stock ? Can the price be even lower ?

Intel stock price was around 50 USD at the begining of 2024, what was a long-term peak.

Since that time, the price went down during a few months and reached less than 20 USD in August 2024.

Reasons why the price of Intel stock is so low:

• There were multiple negative news in the short period of time.
• Weaker earnings than expected
• Negative market outlook
• Growing competitors
• Later AI adoption
• Suspension of dividend payments
• Plans to cut jobs
• Planned cost reduction
• Selling of its stake in UK chip company Arm Holdings

The price of Intel stock is expected to be around 20 USD in upcoming months, but it can move even a bit lower.