Skip to main content
See every side of every news story
Published loading...Updated

Intel Just Ripped 116% in a Month. Is It Time to Sell in May and Go Away?

Investors are spreading AI bets across chips, memory and optical gear as Intel more than doubles and Micron jumps over 35%, analysts said.

Summary by 247wallst.com
The post Intel Just Ripped 116% in a Month. Is It Time to Sell in May and Go Away? appeared first on 24/7 Wall St.. Quick Read Intel (INTC) surged 14% Friday to $125, up 116% in one month, driven by AI CPU demand and preliminary Apple (AAPL) foundry deal talks validating chip manufacturing ambitions. Intel stock trades at 119x forward P/E with analyst average price target of $80.93, implying 36% potential downside despite a Q1 earnings beat a…

4 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Crypto Briefing broke the news on Friday, May 8, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal