The deep value bulls see a big opportunity for bargain hunting. Treating Intel like a failing tech company is a big no no. With the US government backing domestic chip production, Intel represents a physical moat that no competitor can easily replicate.
Intel has just pocketed USD 20 billion in fresh cash to expand. Buying below USD95 means you are getting a big discount.
The Bears said that this is a disaster. Making cutting edge needs multi billion Capex.
My Take: If Intel gives you grey hair, it is best to buy $VanEck Semiconductor ETF(SMH)$ where you spread the risk and have the best semiconductor stocks in 1 powerful trade.
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