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Could Intel Stock Help You Retire a Millionaire?

Could Intel Stock Help You Retire a Millionaire?

Once a darling among microprocessor manufacturers, Intel (NASDAQ: INTC) has lost considerable market share in recent years to the likes of Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Alas, the idea of retiring with seven figures from a buy-and-hold position in Intel shares has become little more than a pleasant pipe dream. Intel stock lost over half of its value in 2022, making it look deeply oversold compared to its rivals.