By Nigam Arora & Dr. Natasha Arora
Signal(s) to enter, add, reduce, exit, hold or change.
Many artificial intelligence stocks are very expensive. Intel (INTC) is a laggard both in terms of design and manufacturing. However, it offers an attractive valuation.
Artificial intelligence computing is shifting from CPUs to GPUs. INTC primarily manufactures CPUs and has fallen behind in GPUs.
INTC has fallen far behind Taiwan Semiconductor (TSM) in manufacturing high performance artificial intelligence chips.
National Security Angle
TSM is based in Taiwan. TSM is the prize that China wants to capture. We have been writing about the risk of China attacking Taiwan. The U.S. government is keen on developing manufacturing capability in the U.S. TSM is also developing a foundry in the U.S. However, Intel is trying to catch up.
Many semiconductor manufacturers including Nvidia (NVDA) want to diversify their supply chain. This is giving INTC an opening.
NVDA is the undisputed king of AI chips right now. AMD is far behind. In Taiwan, the CEO of NVDA said that he is open to working with INTC. He also said that the performance of test chips from INTC has been good.
INTC struck a positive tone at an investor event.
INTC is guiding Q2 revenue at the higher end of the $11.5B – $12.5B range vs. $12.03B consensus.
Consider buying INTC only on a pullback.
For those following the Good Way, the Buy Now rating is 🔒 (To see the locked content, please take a 30 day free trial).
For those following the Best Way, the buy zone is 🔒.
The recommended quantity is 🔒 of the full core position size.
The tentative plan is to buy more if the stock goes lower, but you will need to stay tuned to the Real Time Feed.
The stop zone is 🔒.
This is a very long term position. The very long term target zone is 🔒.
To take a free 30-day trial to paid services to gain access to more opportunities, please click here.
This post was just published on ZYX Buy Change Alert.
Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE
TRIAL TO PAID SERVICES.