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Options Corner: Intel's Slump Potentially Offers Rebound Ahead Of Q4 Earnings

Benzinga ·  Jan 2 11:11

It doesn't take a rocket scientist to realize that semiconductor giantIntel Corp(NASDAQ:INTC) is hurting.

Over the past 52 weeks, Intel slipped approximately 58%. A range of woes, from management miscues to brewing skepticism of its competitive viability, have clouded the once-proud tech juggernaut. However, it's also possible that — at least in the near term — the ugliness could already be baked in.

In early December, Intel's board reportedly forced out CEOPat Gelsinger, which wasn't the most surprising development. While the chipmaker took significant steps — including a dramatic workforce reduction — to right the ship, the...

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