Intel Is Up 176% This Year. Is It Time to Take Profits on INTC, AMD, Broadcom, and NVIDIA?

Quick Read

• Intel’s 176% YTD surge and AMD’s 123x P/E after a 127% run make both the clearest candidates for a valuation-aware trim.

• The SOXX ETF’s 5% monthly pullback from an 81% YTD gain signals a cooling sector that favors trimming Intel and AMD while holding NVIDIA and Broadcom.

• NVIDIA’s 34x P/E on a 20% YTD gain makes it a defensible hold among the four semiconductor names.

• It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)

Shares of Intel (NASDAQ:INTC) are climbing 5% to $102 in midday trading Wednesday, extending a run that has Intel stock up 176% year to date (YTD). The catalyst is a fresh $20 billion equity raise, upsized from an initial $15 billion goal after being oversubscribed five times.

The offering is priced at $95 per…