Intel Corporation
เพิ่มขึ้น

Intel could keep falling, but opportunity is opening up

Intel is definitely in trouble for this year in 2024.
But dont get it wrong, America wants a domestic chip maker and will support this company with more grants and debt. Nvidia and AMD dont make their own chips, the design them and TSM makes them. With geopolitics hot, USA needs a home team foundry/chip factory.
Over the next 5 years, analysts believe the earning power could rise to over 4 dollars per share.
In a good growing economy, after this incoming recession, a rosy multiple could put intel into a high price target especially if continued growth of AI and also if PC demand returns.

A 30 to 60 multiple would put intel in the 100 to 300 range in the future.

However, there is risk for next year and a half, if we go into full recession.

I am going long shares as we drop and will look to sell puts to accumulate over 2 years.
Fundamental Analysis

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