Intel's stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company's actual turnaround.
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The U.S. government's recent stake in Intel comes after a long period of floundering at the company's foundry business.
Pick-and-shovel hardware companies are slaying, while software and services firms are suffering.
Intel doesn't need cash. Instead, the struggling semiconductor giant needs to figure out how to drum up interest for its foundry…
The chipmaker’s shares, in the midst of a yearslong turnaround, matched a 26-year high earlier this month.
The chip maker can get its mojo back, but it must overcome technical challenges that have dogged it in the past. | Business News
Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in…
