Intel's stock surges 28%, gaining $24B, amid talks with US government and SoftBank investment.

Intel's stock has surged by 28% this month, adding $24 billion to its market value, due to potential equity stake discussions with the US government and a $2 billion investment from SoftBank. The company's valuation now stands at 53 times projected profits, a level not seen since the dot-com era of the early 2000s. Despite short-term gains, concerns persist over Intel's long-term profitability and its position in technological leadership.