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Intel just pulled off the greatest corporate comeback since Steve Jobs returned to Apple in 1997.12 months ago, Intel was dying.Stock at $19. CEO fired. Market cap collapsing. Analysts writing obituaries.But on Friday, it had its BEST day since 1987.Stock hit $82. Surpassed its dot-com peak from the year 2000 that nobody thought would ever be touched again.Up 335% from its 52-week low.And the story of HOW this happened is absolutely genius:In December 2024, Intel's board forced out CEO Pat Gelsi
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Intel has been pink slipping over 20,000 workers.... effectively abandoning it's massive 600 acre campuses in Oregon. "Over relegation, cost of living and taxation making it too difficult to keep doing business in the state."Intel investing 25-30 billion, basically relocating it's production to Arizona and Ohio. Oregon is, in effect, losing it's middle class income generation altogether. We are talking billions in annual tax revenues moving out of state.The same is happening in Washington, Calif
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