5 Tech Stocks With Low PE Ratio

3. Intel Corporation (NASDAQ:INTC)

P/E Ratio: 9.27

Number of Hedge Fund Holders: 69

The leading semiconductor company Intel Corporation (NASDAQ:INTC) is one of the tech stocks with low PE ratio right now. That’s partly because Intel Corporation (NASDAQ:INTC) has been hammered over the past few months. It has lost about 45% in value over the past year. And it seems investors have a long wait ahead of them before they see Intel Corporation (NASDAQ:INTC) rebound as the semiconductor market is expected to face volatility in 2023. Recently, Intel’s CFO said that Intel Corporation (NASDAQ:INTC) has no “pristine” visibility going into the first quarter of this year. The executive said that Intel Corporation (NASDAQ:INTC) was still dealing with inventory digestion from its customers and he believes the trend would continue into 2023.