Intel (INTC +0.78%) stock’s fortunes have turned around impressively over the past six months. Shares of the company have shot up a remarkable 106% during this period, as investors have been buying the stock hand over fist in anticipation that its deal with Nvidia (NVDA 0.65%) will help it make a dent in the artificial intelligence (AI) chip market.
That’s not surprising, as Nvidia is the biggest player in AI chips. So, when Nvidia announced in September that it would be investing $5 billion in Intel and jointly developing custom data center and personal computer (PC) chips with the latter, investor…
