Intel Rides Made-in-America Wave to Big Stock Gain

(Bloomberg) — After years of disappointing investors, Intel Corp. shares are showing signs of life.

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The best performer in the Philadelphia Stock Exchange Semiconductor Index over the past month, Intel is being viewed as both a relative value play and a potential beneficiary of geopolitical tensions with China as the Santa Clara, California-based company bolsters chipmaking facilities in the US.

“Investors have a love-hate relationship with the stock,” said Hendi…