INTC Still appears to be trading like other stock designers like NVDA and AMD. At some point it needs to trade like the major alternative to TSMC. Most of TSMC FABS are in China and the CCP will take control of those FABS. Its not if but when. The CCP will gladly replace their workers with mechanical robots. The average worker is a liability to the CCP.
When TSMC FABS are controlled by china there will likely be Tarrifs giving INTC a chance at catching and having a cost advantage.
Pat NEEDS to fire lots of Intel employees focus on 18a and eventually 14a.
Pat needs to poach TSMC Talent ASAP. Few Americans are smart enough to make advance nodes for profit.