You've not given any reason why Intel will fend off AMD, Apple, Amazon, Nvidia etc. And the market has exactly the same concerns as I do. Intel has a P/E ratio

You've not given any reason why Intel will fend off AMD, Apple, Amazon, Nvidia etc. And the market has exactly the same concerns as I do. Intel has a P/E ratio of less than 10 with strongly growing revenue and eps (even boring old IBM and Dell have much higher P/E ratios). Why? Because the market has no confidence it can sustain these earnings over the long term. EDIT: From Motley Fool > Once the head of the pack in computer processors, Intel (NASDAQ: INTC) is coming under serious attack in its core business. Rival big tech companies are opting to develop their own chips, with the latest being mighty Microsoft (NASDAQ: MSFT). On Friday's news that Microsoft is doing the go-it-alone thing, Intel's stock fell by 6.3% on the day.