Intel’s $24 Billion Rally Sends Valuation to Dot-Com Levels

Intel Corp., a leading semiconductor company, has seen a remarkable rally in its stock price, amounting to a $24 billion increase in market value. This surge in the company's valuation has raised concerns as it has reached levels not seen since the dot-com era more than two decades ago. The article notes that the stock's sudden rebound comes after a period of turbulence, indicating that Intel's performance has been volatile in recent months. However, the current valuation is now at a point where it has not been since the dot-com boom, a time marked by speculative market behavior and unsustainable valuations. The article does not provide further details on the specific factors driving Intel's recent performance or the implications of this high valuation. The focus is on the stark comparison to the dot-com era, which may raise questions about the sustainability of Intel's current market position and the potential risks associated with its elevated valuation.