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Barchart
Barchart
Mohit Oberoi

Smart Money Can’t Get Enough of Intel Stock. Should You Buy a Piece of the INTC Pie Too?

Intel (INTC), which seemed like dead money just a few months back, has had a reversal of fortunes. Over the last month, SoftBank (SFTBY), the U.S. government, and Nvidia (NVDA) have announced billions of dollars in investment in the once-iconic chip giant. Think of it this way, one of the world’s largest investment funds, the country with the largest GDP, and the biggest company on the planet have all taken a stake in Intel. In this article, we’ll examine what’s driving this investment frenzy in Intel and whether the stock is still a buy.

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