Intel Just Experienced a Monster 453% Rally. Is It Time to Sell or Double Down?

Intel (NASDAQ: INTC) made a bold move in 2021, establishing Intel Foundry to manufacture chips for third-party customers. Success didn't come right away, and Intel ultimately ousted the CEO who put the company on this path.Nearly a year ago, Intel stock began taking off after the U.S. government announced plans to convert grants and other funding into an $8.9 billion equity investment to support a domestic semiconductor supply chain. Such strong government support comes with instant credibility. Since then, some very high-profile tech companies have shown interest in Intel's foundry services, and the stock is up a whopping 453% in just the past 12 months.Intel's story isn't over, but here's why investors who have enjoyed the ride might want to take some profits.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool