This article first appeared on GuruFocus. Intel (INTC, Financials) has been on a tear this past year, with shares rising almost 293% as investors have embraced its AI prospect and larger turnaround story.The surge has also shifted the debate about the stock. Intel is trading at about 11.3 times sales, compared with about 6.9 times for the larger semiconductor industry, according to Simply Wall St.That doesn't necessarily put Intel out of step with every peer. The company's multiple is below the roughly 13.8 times revenue average for its peer group. But the market plainly wants more from Intel after such a big rise.AI could play a huge part in that scenario.
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