This Stock Is Trending Higher

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This Stock Is Trending Higher

This 55 Year Old Stock Is Trending Higher

Intel is a 55-year-old company, and many had discarded it as obsolete. But it turns out, Intel stock is trending once again and has become very attractive to investors.

In the past decade, Intel faced a lot of ups and downs. The company first went public in 1971 and enjoyed a great bull run till the dot-com bubble eventually burst.

Intel Has Made A Solid Comeback

After that, Intel started to trade sideways, and it even showed signs of struggle as of late. In fact, the stock lost 66% of its value from 2021 to 2025.

But it appears that Intel has made a strong comeback, and it can be seen in the stock price, which continues to rise. In 2026, the Intel stock is already up by 76%.

Intel has also signed on to a plan to participate in the Terafab. This is the new venture from Elon Musk aimed at building a chip fabrication plant. Intel has also made partnerships with Alphabet, which will allow Alphabet to start using Intel CPUs in its data centres.

Intel has also announced its plans to repurchase a portion of the shares owned by investment firm Apollo. This is a clear sign that Intel is financially stable and in a very good position.

However, caution is needed when it comes to investing in the Intel stock. After all, Intel is trading at a forward P/E ratio of 122 while Nvidia is only trading at 23.

So, the better option is to wait on the sidelines as Intel stock is a little too expensive. Also, there are better options in the tech sector that are trading at a much more reasonable P/E ratio.

But this turnaround has made one thing clear: Intel is no longer a player that can be ignored. In fact, any dips in the Intel share price or an increase in the EPS could make it an attractive option in the near future.

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