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Intel Stock Has Rocketed 250% Higher This Year. Is It Too Late to Buy?
The Motley Fool·
Intel's stock has surged 259% year-to-date, driven by government investment, new manufacturing deals with Alphabet, SpaceX, Tesla, and Apple, and strong Q1 results. However, the analyst cautions that the stock may be overvalued with a P/E ratio over 900, many deals haven't generated revenue yet, and the foundry business remains unprofitable despite rising sales.
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