Intel Shares May Have Priced In More Than Ice Lake

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The more than two-year-old and still going chip shortage turns out to be a blessing for Intel (INTC). Unlike other tech firms, Intel with its own fabs was able to produce 30% year-to-date return for its shareholders. This is in a sharp contrast to its archenemy Advanced Micro Devices’ (AMD) -10%. Aided by the new CEO, the sleeping giant has been regenerated in more than one way. In this post, I estimate Intel’s valuations amid all the recent…

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