Intel (INTC-Q)

Has made no money for investors for 30 years, unless you were a trader. Loved it below $20. Trimming here ~$25. At $35, he'll trim again. If it gets above $40, he'll probably be out.

"A day late and a dollar short." Missed the boat, hard to catch up. Got into AI belatedly. Not much is happening. All the chip producers are coming down. Not even a trade anymore.

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.

They missed the mobile ecosystem. ARM Holdings has killed them every since. Intel is in terminal decline, no growth and will be taken out by somebody. Maybe take your losses.

Terrible result. One out of every 20 stocks is going to hit you in the head. You want a stock like this in a non-registered account, so you can sell it for the capital loss. Market still believes in 78% EPS growth from here. He's holding.

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.

Controversial name. Rallied recently, takeover and breakup speculation. If you still own it, worth hanging on to for a potential event leading to more upside. 

Don't ever be anchored to what you paid for a stock; otherwise, it makes you behave badly. 

Dislikes it because they didn't fix their manufacturing, or outsource it, and now they're a couple of generations behind the likes of TSM. Until they change strategy they'll just keep pouring capex into manufacturing, and returns won't be good. 

He doesn't like its long-term downtrend. At these levels, issue is with the broader semiconductor space. We're late in the cycle, so semis are at risk.

It reports Friday. Let's hope they say how they can raise cash, because their balance sheet is heinous.

Lots of help from subsidies, media attention, and so on, but mis-executed on a number of things 5-10 years ago. Now playing catchup. Putting in lots of capex, but no clear direction on the outcome. Risk of value trap; down 54%, but could easily drop another 50%.

Lost its way. In tech, you want to own the leaders. Unprofitable, with no clear path to turn that around. A fixer-upper. He'd rather invest where to lose $$, something has to go wrong; not that to make $$ something needs to go right.

Vulnerable business with lots of competition. Ability of company to turn around in question. Would not recommend buying. 

They've missed out on their quality targets, and they have poor timing. They just changed their CEO. They spend a lot of money on R&D, but enjoy weak returns. There are better semi stocks out there. 

Doesn't see what's going to turn it around. Losing share in desktop. No presence in data centre plays. Foray into manufacturing to take advantage of the CHIPS Act gets $$ in the door, but not sure it's a profitable move.