Intel’s 100%+ YTD rally is impressive but not unreasonable given the turnaround story and AI/Foundry ambitions. The upside from here depends on execution: if they deliver on process roadmap (18A/14A) and land more foundry customers, the stock can still move higher. But after such a big run, volatility increases. I’d say upside is possible but not as explosive unless earnings start catching up to the narrative
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