Strategist warns on Intel’s AI prospects as stock plunges 20% amid job cuts and dividend suspension
Intel Corp (NASDAQ: INTC) has been striving to establish itself as a significant player in the artificial intelligence (AI) sector. However, Eric Ross, Chief Investment Strategist at Cascend Securities, warns that Intel is not truly an AI stock. Ross criticizes Intel for lagging in process technology advancements over the past decade, which has contributed to