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Intel Launches a Broadside at AMD and Nvidia as It Guns for a Turnaround
Intel (NASDAQ: INTC) stock has been in turnaround mode since crashing heavily after the release of its third-quarter results on Oct. 21, 2021, as there have been signs of a turnaround in Chipzilla’s business thanks to its new products. For instance, Intel’s latest Alder Lake central processing units (CPUs) are reportedly gaining market share against Advanced Micro Devices (NASDAQ: AMD), as they are based on a competitive manufacturing process, are priced aggressively, and can deliver solid performance. Let’s take a closer look at Intel’s latest move in the multi-billion-dollar graphics cards market and check how this could be a big deal for the chip giant’s comeback efforts.
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