1. ls Intel still a buy at $30?: I suspected it would slip back but still be in the vicinity of $27-30 and it already did touch sub-30 levels yesterday. I believe it is a buy in the arw between 27-30.
2. How will nvidia investment affect Intel in longterm?: see it as a positive development and give an option to Intel to stabilise.
3. The next target price is $40?: very much, may be by 2025 end.
4. With only 116.2B market cap, how many upside
is left?: Intel has been in the region of $60 in the past - early 2022. With that I mind, I do see it touching that levels by 2026 end likely assuming Intel plays its cards well.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Subramanyan·09-23In my opinion, the US Govt might want to prop it the way it did with $Palantir Technologies Inc.(PLTR)$ . And future strategy will lie in aligning with the likes of $NVIDIA(NVDA)$ rather than go about on its own.LikeReport
- Wade Shaw·09-22Past $60 means nothing now. Its core PC/server chips are fading, no?LikeReport
- Ron Anne·09-22$27-30 “buy zone” sounds nice, but where’s the profit growth to back it?LikeReport
- snoozii·09-22It's definitely worth watchingLikeReport