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Intel's Turnaround May Be the Best Bet No One's Watching
INTCIntel(INTC) MarketBeat·2025-05-30 16:27

Recent semiconductor sector news from late May indicates that Intel Corporation NASDAQ: INTC has discovered an alleged embezzlement, which media outlets have dubbed the "chip bandit." Over 840,000wasreportedlyinvolvedintheembezzlementatitsIsraelioperations.IntelTodayINTCIntel840,000 was reportedly involved in the embezzlement at its Israeli operations. Intel TodayINTCIntel19.42 -0.83 (-4.12%) 52-Week Range17.6717.67▼37.16Price Target21.57AddtoWatchlistThissumisfinanciallyinsignificantforacompanywithamarketvalueofnearly21.57Add to WatchlistThis sum is financially insignificant for a company with a market value of nearly 90 billion. Yet, this event holds significant symbolic me ...