INTC When I think about Intel, I see a company that is trading below its book value that just had a pretty good quarter. It seems to me to be a bargain when you think, hey, maybe we’re beginning to see signs of a turn around. Or is it something else. Consider that they don’t have a CEO, and they decided to delay the introduction of their latest GPU, ceding the market to others. If you’re for sale, you won’t attract a new CEO and wouldn’t want one either because you would only have to pay them when they get fired by an acquirer. If you’re going to produce chips for a buyer, you don’t introduce a new chip yourself. You sweeten the deal with the design without carrying the risk of market acceptance. They’ve moved heavily in the direction of building up the Foundry business, so the focus is’t on introducing cutting edge innovation in chip design, but on production. Could they be readying the business for a sale? Could they be leaving the chip design business and moving firmly into the Foundry business building chips for others? Intel is the largest producer of chips domestically. They have production facilities that cost billions to construct but have been heavily depreciated. So, buying Intel means buying a domestic production capability at a bargain basement price. With the Taiwanese government offering to help suppliers build production capability in the US, what better entry point then to buy INTEL and rebrand it. Still…what do I know.. if I was smart I’d by lying on a beach somewhere instead of posting here. :-)
INTC last post was December 6 th. I hope you all read my post about Intel. I don’t like seeing people hope for something that won’t occur and lose money. This is still a broken company that will not turn around any time soon. Maybe 2027, but I urge you all not to invest in intel or if your thinking of lower your cost bias do not.
INTC The earnings aren’t that bad—yes, the forecast is a bit concerning, but considering the good news expected from them in the near future, I’m confident in investing in it.