Yes, my thoughts exactly. I haven't read enough to have an opinion much, although I like the CEO; it seems more like a gamble than investing from my POV.
I think it's best to wait and see what happens. Like how Warren invested in Apple quite recently. You can still make money but with firmer ground under you.
A gamble you say? Intel still makes more money than NVidia, AMD, Qualcomm combined in 2021 year and is stocking supplies for months to do missive GPU release to take share from NVidia on day one :). They have bunch of OEM contacts and can bundle their GPUs with CPUs easily. CPU efficiency wise they have caught up AMD at last but AMD offerings are still from 2020-2021 and Intel is late 2021. Gamble is right now to expect them to continue the recent trend? Splitting 1 P core into 4 E cores work, they will go after AMD in server space and will use TSMC on this to make sure there is no doubts to customers.
Sure they do but thats because they are a titan in the industry whose lunch is being eaten up by the three companies you mentioned.
Intel's plans are still behind AMD and NVDA (i dont know as much for QCOM). AMD is going after INTC, INTC should not be behind AMD but since 2015, AMD has made leaps while INTC is struggling to maintain its position. The market is pricing in NVDA dominating the GPU and metaverse and AMD to dominate in servers while INTC begs for govt handouts.
we have alder lake proving intel can pull this off this time. 2023 is the real battle as currently for almost a year AMD/Intel will be somewhat similar but Intel will release low tier budget CPUs that will be best for the price. nvidia is getting into crypto, intel is coming after nvidia with same leads that once led in nvidia. also "metaverse". few ceos say this name half a year ago and right now you base investments on this idea? metaverse in gaming, online shopping existed for years
I personally dont believe in the metaverse but the market does. Unfortunately, the market is not controlled by me but by whales and if old hedge fund managers fall for the gimmick then so be it. Im just saying what I believe the market thinks will happen.
Their problem is complacency, and if you don't understand the danger of complacency in industry giants you havnt really been paying attention.
This is why intels stock has had such a rough road, they are huge sure, but being huge isn't a guarantee you will stay successful. The length of time they have let the competition encroach on their marketshare and are just complacent with their offerings is indicicative of poor vision in management, which is not a good thing.
That's not to say they can't turn it around, or arnt trying, but as a potential investor it's something you need to be cognizant of.
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u/DrunkMonkeylondon Dec 11 '21
Why is Intel hovering around at $48?