3 ms·
Correct me if I'm wrong on the timeline I think you are talking about, but Intel stock shed value like the rest of tech in 2021/22. IMO, your theory had a much
by Shocka1 3y ago
Correct me if I'm wrong on the timeline I think you are talking about, but Intel stock shed value like the rest of tech in 2021/22. IMO, your theory had a much smaller impact than you think in terms of the dump. They both dropped roughly the same amount from their frothy highs in 2021 to their 2022 lows, INTC and AMD at roughly 60ish%.
For the rebound you're theory is probably more true. It has been better for AMD obviously, but INTC has almost doubled in value since its $25 low, which is not slouching by any means.
I can agree on being bullish long term (I had short puts exercise back in the $20s). Like a lot of tech, INTC has more money than God and they'll get it right eventually.