$Intel(INTC)$ Nvidia's results should give INTC's reversal more momentum, probably toward the 130-140 range. A strong Intel update, maybe another major foundry customer, stronger margins, or another October earnings beat could push that probability much higher. Jensen keeps saying Nvidia's AI demand is enormous, and Intel's CEO is already working on capturing enough of that spending through server CPUs, AI-related products, advanced packaging, and especially foundry. I see a lot going Intel's way here.
Longs are staying, and shorts probably need to rethink their positioning going forward. I'm all in from here.
Long and strong INTC.
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