Intel (INTC) Slashes Costs & Doubles Down on AI: Is This the Catalyst for a Stock Surge?
Intel's playing hardball—cutting fat and betting big on artificial intelligence. The chip giant's latest pivot could either reignite its mojo or become another case of 'too little, too late' in the tech arms race.
The cost-cutting gambit: INTC's trimming expenses like a hedge fund manager at a buffet—aggressively and with little regard for optics. But will Wall Street buy the austerity narrative?
AI or bust: Their expanded artificial intelligence push comes as Nvidia laps the competition. Intel's either positioning for a comeback or dressing up outdated tech with buzzwords.
The bottom line: This could be the turnaround story that sends INTC soaring... or just another corporate reshuffling before the next earnings miss. After all, in tech, it's innovate or evaporate—and the market's patience wears thinner than a 5nm chip.