Intel Stock Is up 200%: Is It Too Late for Investors to Jump In?

Intel’s Stock Went Bonkers, But Wall Street’s Throwing Cold Water on the Party

Intel’s stock has been on an absolute tear lately—we’re talking more than tripled since late March. Someone definitely found the “stock goes up” button and decided to just… leave it pressed. But here’s the thing: not everyone’s convinced this rocket ship is headed to the moon. The latest catalyst? A Wall Street Journal report that Apple and Intel are in preliminary talks about Intel manufacturing certain chips for Apple devices. After more than …

Intel stock is up 200%: is it too late for investors to jump in?

Intel stock’s (NASDAQ: INTC) comeback has been one of the year’s biggest market surprises.The stock was trading around $129 on Tuesday, after briefly touching an intraday high of $133.48, and it had already closed at a record $124.92 on Friday.That is a remarkable turnaround for a company that spent years as one of Wall Street’s most frustrating names.The rally has been driven by better earnings, a brighter foundry outlook and a wave of strategi…