Position
INTC
IntelNASDAQ
LONG-12.2%
- Entry
- MAY 18$111.54
- Last
- $97.91
Thesis
Everything outside the foundry is intact, and the client PC franchise still holds share. The position is on 14A reaching volume in 2028, which is the point at which the foundry stops being a cash drain and starts being an asset the market has to price.
Writing