Intel (INTC)

Lagging in key components of AI, and it will be difficult for them to catch up on fundamentals. On technicals, has had a strong breakout and showing positive momentum. Technology tends to do well this time of year.

Technically well set up, fundamentally he's not so keen.

No need to go there. Lots of positive news around the name, but it's really just geographic positioning. Floundering, and government buy-in came at the right time -- pure luck. They care in the US, because they want it to be a US manufacturer of chips. NVDA took its crown.

Instead, look at TSM or ASML or NVDA. 

This investor sounds just like him. Sold out of his fund, but still in separately managed accounts. 

Everyone's interested in it. The foundries require so much capex, and that's why there aren't that many. Fantastic company, but execution has been problematic. New CEO doing fabulous job. Getting pretty close to average analyst price target. Buy if you can see it down at $33, and certainly under $30.

Not really, because the US is concerned about semiconductors and chips. US government now owns an estimated 5%. This injection ensures that the company will survive. Not the best, most powerful, AI chips (that's NVDA). Depends if you think new CEO can turn things around. Now has to execute.

If you think NVDA's growth can keep up, that's a name to look at as well.

Is up 57% in Q3, and one of the top S&P stocks in Q3. The CEO fixed the balance sheet, sold a major stake to the US government and is turning things around.

It is not as dominant as before. The US government has bought 10% of Intel but this is not necessarily a recipe for success.

He believes in the CEO, but the stocks has just had a big move up.

He approves of Washington taking a stake in Intel. This isn't about socialism or Trump picking winners of losers, it's about the dire state of Intel and a long line of bad CEOs. Problem is, Intel is too big to go under. And the new CEO is a turnaround artist, who previously saved Cadence.

This doesn't help their core problem. Intel is not in a good position.

Intel has fallen so far behind TSM that it's hard to attract and maintain to talent, creating a negative cycle and continuous decline. He doesn't mind Washington have some stake in Intel, but Intel has so many issues. TSM and NVDA remain the top companies in chips.

The foundry was ill-advised and the old CEO was overspending. The new CEO is better, and better understands foundries. That said, it's still early to invest in this.

Struggled for a long time. Could be putting in a bottom. The play to be in if we repatriate chips to NA. Decent dividend. You don't look for value in the chip sector. There are better value names, and better growth names, so why own this one.

They keep missing the mark, keep lagging in this space. Are unlikely to recover. The C-suite has been a revolving door.

At this point, hang on. Management turnover, concerns they're lagging in technology, not positioned to benefit from huge growth in AI. Earnings expected to grow nicely over the next few years. Valuation not demanding at 10x EBITDA for 2025.