Intel Stock Rally Hands Tepper, Griffin, Simons, Asness Close To A $290M Payday
1. Hedge funds gained nearly $290 million from Intel's 39.38% stock surge. 2. Investments were made during Intel's low price of $22.40 in June. 3. NVIDIA's support and government stake boosted Intel's strategic position. 4. Concerns remain about flat revenue and competition with Apple and Qualcomm. 5. Investors are advised to monitor foundry developments and industry volatility.