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Intel's stock price has soared 214%, adding more than $440 billion to its market capitalization.
Intel's stock has soared 214% since March, with market cap gains over $440 billion.
KEY POINTS
- Short interest in Intel is near a 52-week high despite $12 billion in short-seller losses.
- Intel trades at over 100 times forward earnings, the highest multiple in its history.
- Analyst targets imply a 34% decline, with only 17 of 53 analysts rating Intel as a buy.
- Intel’s recent rally was propelled by a preliminary chip-making deal with Apple and booming AI demand.
COMPANIES
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