Intel's Comeback Kid: Can It Hold Onto Its Newfound Success? Intel's stock price has risen 389% in the past year, leaving investors wondering if this is more than just a fleeting rebound.
The company's recent earnings report was a success, with revenue growing 25% year over year to $16. 1 billion – its strongest quarterly growth in over 15 years.
Intel's turnaround story appears to be one of determination and grit. After struggling to compete with AMD and NVIDIA, the company has started to see success in its Foundry business and AI segment.