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Intel Stock May Have Hit Rock Bottom. How to Position for a Rally.

For all of Intel’s incredible contributions to computing, the stock is poised to end the year about where it began—but in a worse place.

Intel (ticker: INTC) is now viewed by many investors as having fallen behind rivals, and it draws unfavorable comparisons to Advanced Micro Devices (AMD) and Nvidia (NVDA). Apple (AAPL), which has long used Intel chips in its computers, recently announced that three of its new computers would use Apple-designed chips, a move that seems symbolic of Intel’s decline.

Making…

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