Does Intel's New $3 Billion Pentagon Deal Make the Stock a Buy?
Intel(INTC) The Motley Fool·2024-10-07 06:30
Intel just won another multibillion-dollar deal from the CHIPS Act.Semiconductor stocks have been some of the biggest winners from the red-hot artificial intelligence (AI) race. Among higher-profile chip companies is Intel (INTC 1.48%), which recently won a deal worth up to $3 billion with the U.S. Department of Defense (DOD).Let's dig into this deal and how it's playing a role in Intel's growth right now. Moreover, after a thorough analysis of the stock, I'll provide my views on whether now is a good time ...