Intel forecast 

Once a pioneer and monopoly giant now struggling on the market positioning. Rumors around Qualcomm or Arm holding may acquire Intel. Stocks bullish on some days and abrupt drops

Understanding Intel's core is key. Their portfolio is broadly classified to product division and foundries. Current acquisition sought as per rumors is on the product division alone. Their cores still have a solid demand. This had been key strength of intel

Unfortunately Intel had never paced the progress in accordance to smartphone components and emerging AI. addeing fuel to fire, intel was granted with 8.5B under CHIPS act and an additional investment of 11B to cash out for building fab in US

Conclusion : Short term bullish nature expected to grow with an anticipation of merger and AI boom. Long term objectives Intel may need to come up to address the negative cash flow, negative EPS and retrenchment of its own people who are the powerhouse!!!!

# 💰 Stocks to watch today?(16 Oct)

Modify on 2024-10-09 23:18

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