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Barchart
Patrick Sanders

Intel Is Trading at a Valuation Not Seen Since the Dot-Com Era. Will Trump Sweeten the Deal for INTC Stock?

Intel Corporation Donald Trump INTC SoftBank the Trump Administration LipBu Tan United States Semiconductor Samsung

Intel (INTC) stock is on fire, up 22% in August after striking a deal with the Trump administration that would see the government take a 10% stake in the chipmaker.

But while investors are certainly happy that INTC stock is finally showing signs of life, the stock’s recent move is leaving Intel trading at an alarming valuation.

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