After enduring months of market volatility, Intel's bullish investors are finally seeing their patience rewarded. However, the swift rebound in share price has also raised a shadow of concern: the company's valuation has soared to its highest point since the dot-com bubble of over two decades ago. This month alone, the chipmaker's share price has skyrocketed by 28%, boosting its market capitalization by approximately $24 billion. This impressive growth is fueled by rumors of a potential stake acquisition by the US government and news of a planned $2 billion investment by Japan's SoftBank Group. According to Bloomberg data, Intel's current trailing P/E ratio stands at 53 times, marking its highest level since early 2002.
