Why Intel is the most undervalued tech stock right now.
Posted: Jun 26, 2024
- Intel ($INTC) is trading at 1999 stock price, extremely cheap compared to other tech stocks - Technology products from Intel are improving rapidly, with new AI chips and upcoming CPUs and GPUs - The real deal is Intel's Foundry segment, having exclusive access to ASML's next-gen EUV machines for sub 2nm silicon manufacturing - Microsoft & Qualcomm are already planning to use Intel's upcoming 18A node for future products - Investing in Intel now is like investing in NVIDIA before the AI boom
🚨 Reddit sentiment: mixed - The comments present a balanced mixture of positive, negative, and neutral perspectives on Intel stock. Some users are bullish and see it as undervalued, while others highlight the significant challenges and competition from AMD and TSMC. Summarized comments: - Some users suggest yoloing into Intel stock - Mention of joining the Intel bagholder club with shares and options - Concern Intel may drop further in stock price - Intel has significant technical challenges with new lithography machines and process nodes - Intel's 10nm process experienced execution issues, affecting its competition with TSMC - TSMC's approach of incremental improvements is seen as more effective - Intel isn’t manufacturing their newest chips themselves, relying on TSMC - AMD is highlighted as a more efficient competitor with better CPU parts in some opinions - Despite shortcomings, Intel is still seen as having massive market share - AMD has more room to grow by gaining market share from Intel - Intel has strong relationships with system integrators, which is a competitive advantage - New management at Intel with a technical background may help turnaround efforts, but it will take time - Technical challenges around power consumption and heat production as process nodes advance - Perspective that Intel is a stable but slow-growing investment, likened to a savings account - Mention of Intel possibly having Qualcomm as a customer, but this is disputed - Observation that many are looking for high returns without early investments - Some users recently purchased Intel shares, believing it won't stay undervalued for long - Mixed sentiment about Intel's future approach after losing market dominance Stock tickers discussed: $INTC, $AMD, $TSMC, $ASML, $NVDA, $QCOM, $AVGO
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