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Since the current CEO took over a year ago, shares have rallied 321% and has given earnings surprises. This is one of the greatest turnarounds he's ever seen. Their high-end CPUs are essential to data centres. In a time of chop shortages, Intel has been building its US capacity. Their latest quarter was super, and they can't keep up with demand.
It's had a parabolic move, though down 5% today. It's too expensive for the moment.