Intel Corp.’s
INTC,
stock is up 31.5% during the quarter, which would be its best performance since the third quarter of 2003. For the year, shares of Intel have soared 77%, while the SPX 500 index
SPX,
has advanced 22%. The fortunes of the chip maker have turned under the leadership of Chief Executive Pat Gelsinger, who has set a goal of achieving technical parity with Intel’s rivals by 2024 and claiming technical leadership by 2025.
