Intel Stock Has Gotten Way Ahead of Lip-Bu Tan's Turnaround Plans. Will Investors Regret Buying?

Intel (NASDAQ: INTC) has served as a cautionary tale for investors about the perils of counting on a company to remain an industry leader. Intel reached peak prominence in the 1990s during the tech boom as the key producer of microprocessors for personal computers, but a series of miscues led Intel to let its leadership position slip out of its fingers. Now, the company is scurrying to catch up to rivals Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), both of which have passed up Intel in ex ...