WeChats
06-12

$Intel(INTC)$  🔌 Apple Cuts Intel Off — Can $INTC Still Hold the $20 Line?

💥 It's official: macOS will drop Intel chip support entirely by 2026, closing the final chapter of a 20-year partnership. This isn’t a surprise — Apple has been transitioning to its M-series chips since 2020 — but the confirmation still stings.

📉 Intel's stock is hovering around $20.60, with bears circling. Is this just another headline hit, or the final blow to investor confidence in Intel's comeback story?

🧠 What This Means (And What It Doesn’t)


❌ Don't overreact:

Apple Macs made up a small fraction of Intel's revenue — low single-digit % at most. The loss is more symbolic than material.

✔️ Real issue:

The bigger risk is the optics — another premium partner walks away, and Intel’s tech leadership narrative takes another dent.

⚠️ Intel now needs to prove two things FAST:

1. That its foundry pivot is real — with clients that aren't just Intel

2. That it can win next-gen PC design wins outside of Apple's ecosystem

🔍 Trade View

📊 Key support level: $20 is psychological + technical support

🛡️ Holding long? Watch for weekly closes below $19.50 — that would invalidate the base and open downside to $17–$18

📈 Looking to enter? Wait for volume-backed bounce from $20–$20.30 zone.

🤔 What I'm Doing:

• Already holding from $19. Trimmed into strength last week

• Will add back only if we see strong buyer defense near $20

• Watching closely for FCF + margin outlook next earnings

Intel Beats Sales! Above $40, Smooth Sailing Ahead?
Intel reported better-than-expected third-quarter sales, signaling that demand for its core x86 processors for PCs has recovered.Revenue: $13.65 billion versus $13.14 billion estimated EPS: 23 cents, adjusted, not comparable to analyst estimates The report is Intel’s first since the U.S. government became the company’s top shareholder in August with a 10% stake.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Mortimer Arthur
    06-13
    Mortimer Arthur
    the smartest thing Intel did was cut the dividend. Most companies wait too long. when they bring it back, if they do, it will be at $70 or more.

    • WeChats: 
      Totally agree—cutting the dividend was tough but arguably a disciplined capital allocation move. Intel needed to conserve cash while ramping its foundry buildout and catching up on process nodes.
  • Enid Bertha
    06-13
    Enid Bertha
    Will this take down INTC, more than other chips, with the perils of having fab on War Zone???

    • WeChats: 
      Great point. Apple's decision definitely compounds the pressure on INTC—especially at a time when it's already facing margin stress and capex strain from its foundry expansion.the symbolic hit to reputation and the long-term revenue leakage are real concerns.
  • Venus Reade
    06-13
    Venus Reade
    Intel is a large semiconductor company that has significant manufacturing capacity in the U.S.

  • wigglyz
    06-12
    wigglyz
    Interesting analysis
Leave a comment
6