$5.07 Million All-In on Intel: Once Mocked as a Spendthrift, Now Worth $13.7 Million
In April of this year, Intel's stock price reached a historic high, briefly exceeding $82 (approximately 590 yuan). This prompted netizens to recall a highly discussed event on Reddit from years ago: in August 2024, a US college junior majoring in mathematics inherited his grandmother's estate. Heeding the advice of elders, he didn't squander the money but instead invested the entire $700,000 (approximately 5.07 million yuan at the time) in Intel stock, which was then in a continuous decline.
This move was met with ridicule on Reddit at the time, as Intel's stock price continued to plummet after his purchase, even falling below $20 (approximately 140 yuan), causing a significant paper loss of the inheritance. Netizens generally believed he would squander his grandmother's money, and the student subsequently deleted his account and disappeared from the internet.
However, as mentioned at the beginning, the plot reversed in 2026. If the student had held onto those stocks until now, his assets would have surged from the initial $700,000 to $1.89 million (approximately 13.7 million yuan).
Intel's rebound began in the second half of 2025. From the end of 2024 to the beginning of 2025, the company faced difficulties such as dividend suspensions, declining performance, and layoffs, causing the stock price to hit rock bottom. However, starting in August 2025, Intel climbed from $20 to nearly $82.
Some netizens believe that betting all funds on a single stock is essentially gambling, and the student was simply lucky enough to survive the reversal.
Others with a technical perspective believe that Intel's market capitalization returning to above $300 billion indicates that the market has recognized its transformation. With the explosive demand for AI computing power, the market indeed needs traditional giants like Intel to provide more capacity.