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.
A leader in semi-conductors. It's a value stock that investors buy when computer chip prices collapse, then Intel sweeps in to produce them at low cost and puts its competition out of business. He would look at it later in the cycle. The semis have been weak in the past 6 months due to overcapacity. He prefers Broadcom in this space.