What Is Happening With Intel Stock?

Intel (INTC)’s stock surged 75% this year, not just due to revenue growth but also a significant increase in its valuation multiple. Signage with logo at the Silicon Valley headquarters of computer hardware manufacturer Intel, Santa Clara, California, August 17, 2017. (Photo via Smith Collection/Gado/Getty Images).Getty ImagesThis jump is supported by a series of unexpected events: strategic investments in AI, new funding, cost reductions, and a strong rebound in Q3. Let’s explore the narrative that is prop ...