Intel’s $24 billion rally sends valuation to dot-com levels

Intel's stock has surged recently due to potential government equity and SoftBank investment, reaching valuation levels not seen since the dot-com era. While optimism surrounds CEO Lip-Bu Tan's turnaround efforts, concerns linger about the company's long-term profitability and technological competitiveness. Analysts remain cautious, citing an overvalued stock and uncertain future prospects.