Stock price when the opinion was issued
It might have been the biggest winner of the last president's chips act to stimulate U.S. semi manufacturing by getting part of a $7.86 billion grant. Will Intel get more money from Washington? Intel carries $46 billion in long-term loans, so Intel needs the money badly. It's shocking that Intel shares aren't even lower.
Revolving door of CEOs -- hard to find someone with both business and engineering skills. If you ever see it up around $25, take a bit of profit. Or write some calls against it as it gets close if you don't want to get taken out. It will have its day, but it reminds him of IBM. Believes that with Mr. Trump on the throne, he'll protect this company pretty carefully.
Recently sold his holdings. They came out with some pretty disappointing guidance. Thinks they will turn the corner here. They are investing a huge amount of money in research and development. They are investing more money every year than what their major competitor ARM Holding (ARMH-Q) is worth. PC shipment business has been tough. Having some difficulty in the new lines of business. They have been expanding into. Likes the 3.7% dividend which he feels is secure. Good balance sheet. Feels their movement into chips for the cell phone business will be successful but is a lower margin business.