Intel’s AI-Fueled Rally Faces Valuation Skepticism, Says Investor

Intel shares rose about 3.5% in after‑hours trading as Alphabet’s AI/cloud spending and broader AI demand buoy sentiment, and Intel’s Q1 showed progress with revenue up 6.9% to $13.58B and growth in data center/foundry. But one investor warns the rally is priced too optimistically, pointing to aggressive multiples and lingering execution and competition risks, and has moved to Sell. The Street’s Hold stance and a ~$77.27 price target imply roughly 18% downside from current levels.