Intel Corp. (NASDAQ:INTC) shares are falling this Thursday. Investors continue to take profits following a historic rally and a record high of $132.75 reached earlier this week.
Nasdaq futures are up 0.25% while S&P 500 futures have gained 0.31%.
Despite the immediate cooling, market experts suggest the underlying fundamentals are shifting in favor of the company.
The Rise Of Agentic AI
Dan Niles, Founder of Niles Investment Management, argues Intel is “still undervalued.” He believes the market is entering a phase centered on Agentic AI. Unlike basic chat tools, these systems execute complex, multi-step tasks.
Agentic AI requires 10 to 100 times more tokens than basic chat-based AI, Niles noted. This transition requires an orchestration engine to organize data, a task CPUs perform best. Consequently, hardware …
This post was originally published here
