Depends on the portfolio and strategy, but personally I think Intel is a Buy. They're burning money building new fabs with little indication that they can execute on their node or product roadmaps, but they've really took a chunk out of their cost-centre to the point where even during one of their worst quarters in the last 30+ years in terms of sales, they're still turning a profit. The Saphire Rapids Xeon is out finally out and making money after 3+ years of delays. The client products are the best they've looked in 15 years. They've got some big customers lined up for IFS. Considering the market was happy to price them at ~$64 just two years ago without all that information, makes me believe $33 is a poor market for where they're at. That's near enough their asset price.
Aromasin|2 years ago