Aug. 21 at 7:35 PM
$INTC Even though the Foundry business is losing
$3 billion per quarter, what bears haven't realized (because they can't read income statements) is that the other half of the business is making
$3 billion per quarter. So it's wash.
Solution? Tell the USA government to eat shit, close down the factories and move all production to Taiwan.
$INTC is now suddenly reporting
$3 per share in profits and their chips run faster, cooler.
How much do you think intel would be worth if they were fabless like
$AMD,
$QCOM and
$NVDA?
$300 billion (
$66/share) is pretty reasonable.
Lip-bu Tan is positioning the company to be fabless in 5 years. That's why they've shelved 14A development and already have moved many of their products to TSMC. The only chip architecture that is really dependent on their own fags at the moment is Xeon. Diamond Rapids and presumably Coral Rapids will be using 18A but after that, I guarantee they will be using TSMC. Check back on this post in 3 years.
Good luck shorting it.
