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Intel Corporation (INTC)

NASDAQ
Currency in USD
Disclaimer
35.04
-0.64(-1.79%)
Closed
After Hours
34.93-0.11(-0.31%)

INTC Comments

i see you all bears. imma buy then. good luck
Good luck. Next quarter earnings report will be just worse than the last one, margins/PE/EPS will continue to lower due to strongly raised costs and lower ASPs. You dont have to be a fortune-teller to see that coming, that is the funny thing and yet people are misguided by emotions and false hopes. And remember foundry business (finger point at IDM2.0) is even less profitable as Intels current own main business is or was. Intel is basically selling quite some stuff but mostly low ASP products thus low margins. Effective margins in general wont recover before Q2-Q3/2022 based on their spendings, structural plans and currently weak road map for 2021. They need to reestablish their competitiveness in the high margin product segment. It's a pretty simple equation: road map equals competitive position equals ASP equals margins. But yes, you can try buying now and selling again before earnings - this bear trap trick worked now many times.
 I'm trying this "bear trap trick" this round, went 50/50 for AMD and Intel. Definitely selling off Intel adequately before earnings and then doubling down on AMD.
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