$Intel(INTC)$ INTC is trying to make progress on 7 nm chips this year, and has other advanced programs to push size down with better lithography, more AI, and new FABs. It will take some time, but they are trying to catch TSMC. Currently, the market does not think they will do it, but AMD's chips are not as hot as previously thought and INTC still has advantages over TSMC in design and other areas. I would not count INTC out and this could be a great entry price for a long term hold. There are some vultures trying to buy INTC, which can help the PPS, but I doubt any part is for sale right now.
Any buy should be pretty safe now, as I look for INTC to close the upside gap at $29 in due course. Everyone needs to do their own DD and research and don't rely on posters.
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