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.
Might be carved up, looking for new CEO. 12-month price target of $27.50. On the foundry side, competing with TSM which has very deep pockets and a 55% market share. It's still in play, so he still owns it.