Intel's Beaten-Down Stock Is Getting a Reprieve Today

Key TakeawaysShares of Intel recently traded at their highest levels this month.Investors responded positively to Monday night's turnaround update from Intel CEO Pat Gelsinger.Some Wall Street analysts, however, remained cautious, reiterating recent ratings and price targets on the shares. There are signs of hope among Intel (INTC) investors.  Shares of the chipmaker rose Tuesday, lifted by Monday evening’s update on Chief Executive Officer (CEO) Pat Gelsinger’s plans to re-energize the company and reinvigo ...