Aug. 20 at 12:09 AM
$INTC I doubled up on Monday AH within 10 minutes of
$2B investment news broke. I was just lucky to be watching the stock at the time.
I wanted to ride out all shares longer but didn’t like the tech weakness today, so I reduced about 25% shares near
$26.20 and still holding the rest mixture of
$INTW and
$INTC.
Now that 10% stake by US government is well leaked, the next big catalyst is for Trump to set favorable tariff conditions to chip vendors to manufacture with Intel. As you know, many big tech companies have pledged hundreds of billions of investment in US, so I won’t be surprised if some of those companies also invest in Intel.
The rationale is, if chip makers are going to be strong armed into manufacturing with Intel, they might as well help Intel get funding they desperately need by making investment like SoftBank, and they can also benefit from Intel’s turnaround success in the future. Could be win-win situation and keeps Trump happy, which is important.
