Below $50 Definitely Is Time to Buy the Dip in Intel Corporation Stock

It has been a rough couple weeks for Intel Corporation (NASDAQ:INTC). At the beginning of June, INTC stock hit a multi-year high of $57. In mid-June, Nomura Instinet pushed a note that cited Intel’s CEO as admitting in a meeting with the firm that Intel will lose server share to Advanced Micro Devices, Inc. (NASDAQ:AMD) in the back-half of 2018.