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Google’s 3M AI Chip Orders Land at Intel Foundry: Can a $638B Backlog Validate INTC's 400% Turnaround?
Intel Corporation (NASDAQ: INTC) has officially graduated from one of Wall Street's most penalized legacy tech laggards into the premier engineering turnaround story of modern computing. After plumbing a brutal multi-year structural floor of $18.97 in August 2025, the semiconductor pioneer has orchestrated an astounding macro rally, surging over 400% over the past year and another 189.16% year-to-date.