INTC was clearly inflated in 2022 - it rose up with all the COVID hype, so yes, it is misleading. It's like looking at Gamestop stock right when it was artificially boosted by Wallstreetbets, and saying "Look at its decline!"
There's a difference between "misleading" and "wrong". One can be factually correct while still misleading. It is the skillset of lawyers and journalists.