Intel stock rallying amid plans to build a new factory in Ohio: here is where to buy it

By: Charles Thuo
Charles Thuo
Charles loves traveling, reading, and sharing his knowledge about blockchain technology. read more.
on Jan 17, 2022
  • Intel stock is up +0.76 (1.38%) today.
  • It is currently trading at $55.70.
  • Here is a brief guide on where to buy Intel stock.

Intel stock has been on the rise since December last year.  It is among the few stocks that have sustained positive growth despite the recent announcement by the US Fed on plans to start raising interest rates in the coming months.

The current performance of the stock is pegged on the company’s performance and plans to build a mega semiconductor factory in Columbus, Ohio. Intel intends to invest up to $20 billion in the new factory as the race to have more semiconductor companies in the US heats up.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

To help stock investors interested in investing in Intel stock, Invezz has created a brief article on what it is and where to buy it.

To find out more, please continue reading.

Best places to buy Intel Stock


eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.

Register with eToro instantly


Firstrade is a leading online brokerage firm offering a full line of investment products and tools designed to help investors like you take control of your financial future. Since its founding in 1985, Firstrade has been committed to providing high value and quality services to help you reach your financial goals.

Register with Firstrade instantly

What is Intel stock?

Intel stock is the stock of Intel Corporation and it trades on the NASDAQ Stock Exchange under the symbol NASDAQ: INTC.

Intel Corporation is an American multinational technology company whose headquarters are in Santa Clara, California. It is the largest microprocessor chip manufacturer by revenue.

Intel supplies HP, Lenovo, and Dell, among other computer system manufacturers with microprocessors. Besides microprocessors, it also produces flash memory, integrated circuits, motherboard chipsets, graphics chips, embedded processors, and network interface controllers among other computing devices.

Should I buy INTC stock today?

If you want to invest in a tech stock that has shown great prospects of growth, then the Intel stock can be a good choice.

Nevertheless, the stock could be heading for the oversold region since it has been on the rise since the beginning of December 2021 and most traders have taken note of the bull trend.

Intel stock price prediction

If the market sentiments remain as they are, analysts expect the Intel stock price to rise towards $60 ahead of the listing of its self-driving car unit Mobileye; a project that could see the stock skyrocket further.

$INTC social media coverage

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker, eToro
68% of retail CFD accounts lose money