Intel: Is Quantum Computing Key to an INTC Comeback?
The information technology sector is one that drives off of evolution and development. What has fueled Nvidia’s (NVDA) nearly 200% surge this year has been its necessity in the AI sector. With companies all looking to build on that, could Intel (INTC) enjoy a comeback by embracing the quantum computing sector? The last few years have not been great for computer parts manufacturers. Underwhelming Q2 earnings have seen its value continue to decline, entering a vital October 31st Q3 report arrival. Yet, a shift toward an emerging technology will be key to its continued competition with giants like Microsoft (MSFT) and Apple (APPL). Source: Business Insider Also Read: Intel: Ex-CEO Nearly Bought Nvidia in 2005: NVDA Nears $3.5T Market Cap Intel Could Have Road Back Among Tech Juggernauts With Developing Tech The stock market has shown increased interest in AI-related companies. That boom has been massive for firms that have shown a commitment to investing in its development. Although ...