Key insights
- The author argues Intel's stock surge is justified due to government support, progress on its 18A node, and potential Apple partnership driven by geopolitical concerns over reliance on TSMC. This suggests a shift in sentiment towards Intel, potentially impacting the broader semiconductor sector and reducing reliance on Asian manufacturers. The author believes the stock is undervalued.
Every single thread on here for the last 2 years was the same. Intc is finished. Sell. Pat gerlsinger ruined it. Can’t compete with tsmc. Going to zero
The government took a 10% stake and this sub called it a bailout. “They need the government to survive” yeah well the government also needed them because turns out having one company in taiwan making every chip on earth is a national security problem
Now apple is knocking on their door. Not out of charity. Because everyone watched the strait of hormuz close and realized maybe we should be able to make chips somewhere that isn’t a chinese missile away from not existing Intc is at 108. It was 40 in march. And people in here are still calling it overvalued. This is the same sub that said nvidia was overvalued at 200
18A node is on track. They have the fabs. They have the government behind them. And now they might have the single biggest customer in consumer electronics. But sure keep shorting it because they had a rough 2023 Sometimes the most hated stock is the right one