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Is Intel cooked? Is cheap Intel stock incoming?

soAsian

Active member

Cheap ARM for Windows? Class action lawsuit on Intel's 13th and 14th gen CPUs. Nvidia is still the king of GPUs (AI), with AMD on the side. Intel foundry is losing money, and there are Intel layoffs.

Intel doesn't have much good news. Is Intel still a good company to invest in? Is it worth it to pick up some below $30?
 
People who follow me here know I've been bearish on Intel and the IDM 2.0 strategy since it was announced. I think a big reason the stock is down so much is not just because they are doing poorly, but doubling down on a terrible strategy.
 
Management credibility going south. Continuation of no growth, losing money, falling short of expectations, and no big foundry customer announcements. Timing of financial turnaround increasingly foggy.
 
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