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Benzinga
Benzinga
Business
Surbhi Jain

Intel Stock Has Doubled, So Why Is JPMorgan Calling It a Top Short?

JPMorgan INTC Intel Corporation IREN Semiconductor WIX
New,York,City,,New,York,-,September,18,2025:,Intel

Intel Corp’s (NASDAQ:INTC) turnaround has become one of Wall Street’s favorite semiconductor trades.

The stock has more than doubled this year as investors bet the company can reclaim its manufacturing edge and emerge as a major AI winner. JPMorgan, however, thinks the rally may have already priced in a recovery that still needs to be proven.

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