Intel DD - Underbought and Oversold: Why You Should Be Investing In The AI Revolution's Cheapest Stock
Posted: Apr 12, 2024
- Intel stock has not performed well compared to competitors AMD and NVIDIA - Reasons for Intel's struggles include lack of cutting-edge products, dysfunctional structure, and China's potential phase out of foreign chips - Despite the challenges, the poster believes Intel is a strong buy at its current price - Intel is releasing a chip that can beat NVIDIA's H100 - Demand for AI chips is high, and Intel is expected to benefit from increased demand - Intel is the only major domestic chipmaker and will likely benefit from national security efforts to boost domestic chipmaking capabilities - The poster expects Intel's earnings call on 4/25 to positively impact the stock, and suggests a call spread strategy for potential profit.
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