Intel's $25 Billion Rally Sends Valuation to Dot-Com Era Levels
Shares of the struggling chipmaker have rallied 28% this month, adding about $25 billion in market value, on reports that the US government is in talks for a potential equity stake, as well as plans for a $2 billion investment from Japan's SoftBank Group Corp. The jump has Intel trading at 53 times profits projected over the next 12 months, the highest since early 2002, according to data compiled by Bloomberg.
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