Intel Is Getting Better. That Doesn’t Make the Stock a Buy, This Analyst Says.

Core Viewpoint - Intel's stock is at its highest level in nearly two years, indicating an improvement in the chip company's business, but RBC Capital Markets analyst Srini Pajjuri suggests that its valuation may still warrant caution for investors [1] Company Summary - Intel's business is showing signs of improvement, contributing to the rise in its stock price [1] - Despite the positive business outlook, the current valuation of Intel may not be attractive enough for investors to engage [1] Industry Summary - The semiconductor industry is experiencing fluctuations, with companies like Intel navigating through challenges while showing potential for recovery [1]