$Intel(INTC)$
The setup: Intel was left for dead 18 months ago. Today it's up 225% YTD, hit $132 last week, and the bears are scrambling.
This isn't hype. The fundamentals are catching up to the chart.
đď¸ THE TURNAROUND IS REAL:
â Apple in talks to use Intel foundry for U.S. chip manufacturing
â NVIDIA invested $5B back in December â they don't make dumb bets
â Deutsche Bank raised PT $63 â $100. Mizuho raised to $124
â Foundry segment finally gaining commercial traction (18A node shipping)
â Q1 was a massive beat
đŻ WHAT I'M WATCHING:
⢠$125 reclaim = next leg up to fresh ATHs
⢠$100 floor = thesis intact on any pullback
⢠July 23 earnings = the next catalyst
The bears will tell you consensus PT is $85 (below current price). They're not wrong â but consensus has been wrong on INTC the entire way up. The analysts upgrading NOW are the ones who got the turn right.
Not financial advice. But I'm watching this name closer than almost anything on my screen.
Save this. Let's see where it is in 30 days.
#INTC #Intel #StockMarket
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