NING667
09-20

$Intel(INTC)$ Funny, but a lot of people are convinced all the bad news for INTC is in. Nothing but up from here. These same people call NVDA overvalued. One is currently growing earnings by 100%. The other has earnings of $5.37 in 2021, $1.85 in '22, $1.04 in '23 and a whole $.25 anticipated for this year. Which one is overvalued again? This is a classic value trap. INTC's mishandling of their position within the semi space has destined them to be a low margin foundry chip producer. They thought they didn't need GPUs when AMD bought ATI Tech. They were absolutely wrong. I'm not sure the mistake will be fatal, but they are just an old chip company at this point. NVDA, MU and AVGO are where the cutting edge chips are being developed.

Don't do this to yourself!!!! It's like the Nokia story all over again.

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