$Intel(INTC)$ INTC being down

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$Intel(INTC)$ INTC being down because of potential conflict with China is silly. Potential conflict with China should have the stock go up. Sure, there could be pain in the short term but long term that is bullish for INTC. The stock should carry a higher PE if there are issues with China. Also, this guarantees INTC becomes a business to important to fail. Again, a higher PE would be mandated.

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