🌟🌟🌟Intel
$Intel(INTC)$ is rising even though the US indexes have fallen and the reason is because investors are no longer treating Intel as a cyclical semiconductor play.
Intel is now partially owned by the US government, which has 10% of its shares worth USD 8.9 billion. This is tied to the CHIPS Act grants and manufacturing awards.
Moreover Intel is rolling out the Intel 18A chips and with it comes Panther Lake, the next generation platform built on that 18A foundation. It is the cornerstone of Intel's foundry comeback.
Can Intel continue to soar?
In the short term, volatility is expected but in the long term, I believe Intel has exponential growth ahead.
This is no longer the Intel of the past decade. This is Intel with a mission and the markets are starting to price that in.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
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