After Intel (INTC) shares have surged 140% in a year, is now the time to buy the dip?

According to CoinWorld, despite the recent general downturn in tech stocks, Intel (INTC) has shown resilience, with its share price only slightly declining over the past week. CEO Pat Gelsinger announced the hiring of a chief GPU architect to develop products that compete with Nvidia, a move that boosted the stock price despite overall market headwinds. The company has also strengthened its AI infrastructure through collaborations with Saimemory and the Hong Kong University of Science and Technology, focusing on advanced memory and efficient computing. While bullish analysts believe Intel still has further upside in the AI sector, target prices remain divided, ranging from $25 at Loop Capital to $39 at Truist Securities, while the current share price is close to $48.