Intel Back In Favor After Diversification Play

Investing.com - Intel (NASDAQ:INTC) is back.The high-flying chipmaker of the dot.com era has Wall Street's attention again. Intel shares are up 30% over the past six months, as investors discover its new potential.The chipmaker has moved into fast-growing technologies and businesses, such as data centers, the Internet of Things, memory, drones, artificial intelligence and autonomous driving. As part of that strategy, Intel made two key acquisitions -- Mobileye (OTC:MBBYF) in autonomous driving and Altera in artificial intelligence.The company's revenue is now almost evenly divided between PCs and new growth markets.