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Intel Stock: Low Valuation Makes it Worth The Wait

There’s no denying that Intel (INTC) stock is cheap. Shares in the semiconductor giant trade for a low forward price-to-earnings (P/E) ratio of 13x. That’s far below the valuation of its main chip rivals, Advanced Micro Devices (AMD) and Nvidia (NVDA), which trade for around 44x and 54.9x earnings, respectively. Much of this valuation discrepancy has to do with the company’s anemic growth and its many past missteps. But with a new CEO, Pat Gelsinger, who could turn around its ship, Intel might b

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