Semiconductor giant Intel (NASDAQ: INTC) has been one of the year's strangest comeback stories, as it trades up about 155% since January but still sits around 30% below June’s high. The stock has spent the past few months grinding in a tight range, and it's now pressing against the upper end after a 15% rally since the start of September.
Much of this recent pop was triggered by a report earlier this week that Intel plans to raise CPU prices by as much as 10%. The company hasn't confirmed it yet, but the market has treated the report as close enough to fact.
