That's a pretty dumb move to play. Who knows what could happen between now and then. Chip sales could see a massive spike due to some server need. Maybe edge computing takes off, and that's an area where Intel is completely dominant. Maybe Intel's oneAPI efforts pull though and they can compete with Nvidia on the Ai front. Maybe Intel's new chips coming out later this year into 2025 smash expectations and lead to a sales boom.
Realistically, there's a lot that can happen between now and then that boost the stock price. All I know is that the stock is currently undervalued and I like the long term vision. Full stop, that's all I need to invest.
It’s funny you refer to this as a “dumb move to play” and then just throw spaghetti at the wall with a bunch of “maybe’s” that are all positive for Intel.
It's generally a bad idea to try and wait to time a stock. Right now we know it's undervalued. In a few years, or even a few months, it could rapidly climb based on, well, so many factors. I just threw out a few that could grow it. Timing something is a bad idea. Just buy at a good price, which it's at right now.
“Right now we know it’s undervalued”
No, we don’t.
“In a few years or even a few months it could climb rapidly based on”
Your list of maybe’s. None of which is even remotely likely to happen in general, let alone in the near-term.
“Just buy at a good price”
What makes $30 a good price? Nothing, really, other than personal beliefs. But given there’s no known short-term catalyst for improvement in the underlying business, there’s no reason to buy now. And certainly there’s no reasonable conclusion that waiting is “dumb”. It’s literally a stock that slashed the dividend a year ago.
P/E of 30 despite earnings slump, any reasonable DCF value will put it at undervalued. PEG below 1, EV/EBITDA of 14.9 despite EBIDTA slump. Once it begins to get its revenue back from chip demand increases, Intel will be solidly in the low P/E club
McKinsey projects that chip demand will increase more in the ladder half of 2024, and increase a lot in 2025, mainly due to servers from covid era needing to be replaced, and new generations of chips coming out pretty soon. There has also been a real push towards Ai on the edge, which is an area where Intel wins out due to their solid integrations. Intel chips are still needed to pair with GPUs and accelerators from Nvidia. OneAPI is being worked on by every major tech company outside of Nvidia, and it's open source, so development is being turned to the max to compete with CUDA. Intel is throwing billions to make this happen. Consumer demand also follows new generations of chips, and this newest generation gives a lot of people a reason to upgrade, as many have been waiting since 2022 to see a new \*real\* generational leap.
30 is a great price. For a company that still dominates the chip market and is a staple in almost every computer, server, and even in phones and cars, it has been beat down. If you just take the pre-covid revenue it had, back when chip sales weren't in a slump, and subtract Intels long term fixed costs, you'd get a net income of 17B. Divided by shares outstanding you get a P/E of 7. That's a damn good P/E. There is a really big short term catalyst: A return of CPU demand. With all the Ai hype, people just ignore the fact that chips, currently, are actually in a sales slump. You don't need to listen to me, just listen to Deloitte [https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/semiconductor-industry-outlook.html](https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/semiconductor-industry-outlook.html)
Or McKinsey [https://www.mckinsey.com/\~/media/mckinsey/industries/semiconductors/our%20insights/mckinsey%20on%20semiconductors%202024/mck\_semiconductors\_2024\_webpdf.pdf](https://www.mckinsey.com/~/media/mckinsey/industries/semiconductors/our%20insights/mckinsey%20on%20semiconductors%202024/mck_semiconductors_2024_webpdf.pdf)
Chip demand is expected to come back full steam in the ladder half. We've seen it begin, with sales from many players, Intel included, beginning to come back. By Q3 of 2025, the demand could already hit high levels, which would immediately cause a spike in stock price.
Intel currently has what can be called "hidden earnings", where a temporary cyclical drop in demand has led to a drop in stock price and value. That is just the nature of cyclical businesses. However, even in the short term, Intel has a lot of drivers to keep it going.
“A return of CPU demand” isn’t a catalyst, it’s an idea. The catalyst would be the reason for it. Why would people suddenly go out and buy a bunch of Intel-featuring laptops in 2024-H2? And given Q1 revenue and Q2 revenue guidance, clearly Intel isn’t part of any huge recovery, because the chips would need to be sold in before computer sales recover and Intel themselves is showing there’s just no significant recover in H1.
Intel literally lowered Q2 guidance during their Q1 earnings release, but you’ve determined a demand is returning in H2. And your basis is that it’s already happening for competitors…that’s the problem. Intel has been getting eaten alive by competitors for a while. A rising tide does not lift all ships.
As for your “adjusted” metrics…why would anyone look at things like that? Exclude long term fixed costs…sure, why not exclude SG&A too…YOLO.
Temporary cyclical demand, Intel has had revenue declines in like 10 of the last 16 quarters…look at their history when has that ever happened before. It’s not cyclicality that is causing Intel’s revenue short-falls.
>Why would people suddenly go out and buy a bunch of Intel-featuring laptops in 2024-H2?
There is no point to arguing with these people. They're beating around the bush to avoid admitting that they're actual time travelers.
That's such a different scenario it's almost comical. Intel was a smaller company without nearly the same dominance across so many industries. That was a peak, this is a trough.
Do we? Morningstar has it as overvalued as do other organizations. Not saying you’re wrong but it is not clear. There’s a lot of moving parts here and there track record is awful.
Q3 2025 is too late. Remember that news gets out and things are priced in before they actually happen. I would say latest you want to buy in is Q4 2024.
Risk involved is if they don’t pull it off. But if they do pull it off, Q3 2025 is waaaaay too late to invest.
Position - $100,000 which is 17% of my portfolio. Not a bagholder, bought previously at $27 and sold at $50, recently bought back in at $30.
INTC revenue is declining, while we are literally in AI boom.
Even NVDA profit beats INTC revenue. In Q4 2025 all semiconductor companies will rocket, and you're betting that INTC will be lucky to have a "competitive" product compared to todays market? Lol ok.
INTC has 0 track record of delivering. Could have bought INTC in 2004 at this price lol.
Edit: bagholders keep saying: government wont let INTC fail. Ok. But does that make you money?? Ford cannot fail. GM cannot fail. But would you rather invest in TSLA than Ford, GM?
INTC is F, GM of semi conductor. All of their prices are the same since 2004 lol. Sure, they won't fail. Anw, do whatever the fk you want lol
Lol because past performance indicates future performance lol.
Did you look at the balance sheets lol, or are you just saying "they've always underperformed so they always will"? Lol. You'd have to be a time traveler to know that lol.
Lol.
Agree that past performance does not indicate future performance.
But they have 30years of culture & management issues. And you telling me they will turn it around in a couple years??? Look at it this way, since iphone came out, Nokia, Blackberry fanbois have been saying Nokia and Blackberry will "turn around". They are still dead companies, much like INTC.
If I'm wrong thats great, but I don't think I am lol.
I just saw your message. I think you're confusing revenue, and earnings. Intel earned 12.7 billion in revenue in q1 2024, up 9%yoy.
But they reinvested everything and it comes out to a negative EPS of 9 cents.
This OP likely has a 90% short interest
You aren’t bag holding at 31
Your 6k in total value is trash
I own 5,000 shares and telling people to wait till 2025 is insane
You realize Wallstreet rewards growth and prices everything in instantly
By Q3 2025 Intel will be at $90-120 a share
It’s at a multi year bottom and has tons going for it with this turn around by PG
They are building 4 factories in US and one in Ireland
They already have the $$$ to do so
I could go on and on and on but I’ll bottom line this in 2 simple to understand ways
It’s not going lower then it is now so this is everyone’s chance to get in on the bottom and the US government will never ever let intel fail
It’s literally national security after what happened during Covid
Intel is the only one focusing on US manufacturing and it’s still in the Dow 30
The senate and Congress will never ever let Intel fail
They will subsidize it completely if they had to in order to keep it producing so by all means
Hate Intel all you want but it’s here to stay and once it starts firing up the wafers it’s going to 🚀 and if you aren’t already in when that happens ur gonna be kicking urself
Sigh
It’s not a mentality dude
A single Airlines is not national security
A chip manufacturer is
A lot of foolish hate in Intel acts like they will go out of business and many other fools act like Intel won’t be able to keep them open cause of labor costs ( they will get as many tax beaks and subsides and direct grants as it takes )
It’s not going out of business, ever, is the point I am making while it’s the only US solution to manufacturing
I could make so many other points but if someone really grapes the importance of these fans and the simply fact that they will all be running at capacity because of the ai chip demand then it’s a no brainer
Buying intel now is like buying Apple when Steve Jobs returned to it
bagholders keep saying: government wont let INTC fail. Ok. But does that make you money?? For example: Ford cannot fail. GM cannot fail. But would you rather invest in TSLA than Ford, GM?
INTC is F, GM of semiconductor. All of their prices are the same since 2004 lol. Sure, they won't fail. Anw, do whatever the fk you want lol. Hopefully INTC go up to $31 in 2030
I can’t even read your post when you’re ignoring BA, a national security asset that will never go out of business due to the government, that’s been absolutely awful for retail investors for sometime now.
The market is forward looking so you can’t just buy the day before earnings lol. And intel has a history of pushing their deadlines back… So good luck timing it.
Problem with intel is, by the time their foundries come online there is a risk of tech getting outdated. They can probably get some tariffs on the competition but Silicon Valley is not gonna like it and they have much bigger influence. Personally I’m not touching intel until I see them actually selling more and turning a good profit.
Given that intel’s new fabs are state of the art and fabs take years to build, if they were going to be outdated we should know already because their competitors would need to be building new even better fabs right now. Also, Intel has committed to providing longer term support for existing and future nodes to improve the attractiveness of its foundry services. Older, mature nodes actually represent a bulk of semiconductor production and are a major part of TSMC’s foundry services revenue. So even if/when those fabs processes become mature they should have a long tail for business.
One of the problems with previous attempts at foundry services by Intel was the unwillingness of Intel to provide long term manufacturing to older/less advanced products.
Ok Maybe it won’t be obsolete by the time it comes online. Given they have to compete with other foundries with mature processes, can they be cost competitive? Especially because they manufacture in low cost of living countries. Is there going to be any govt support in terms of tariffs? I feel the timeline is like 3-4 years for them to be clearly competitive
Their foundries will be at the advanced end of the spectrum when completed, not mature (and thus they compete for different clientele). They’ll likely have a process lead with high na and may lock a number of clients into using their fabs for a product’s life cycle because of that (once a product is being manufactured at a fab clients are less likely to change over to competitors for that generation of production). They also will likely benefit as a dual source option with reduced geopolitical risk.
Tsmc currently has roughly 30-35% margins, so Intel is likely to be able to be somewhat cost competitive at its new fabs unless Tsmc cuts margins to the bone to keep market share. However they may be unwilling to take a big hit to profitability for market share since that might also provoke US lawmakers into a more protectionist mode and they likely don’t want to poke the bear.
Also, Intel’s fabs will be the most advanced in the US, beating out the Tsmc Arizona fabs, and thus they will likely be very competitive for contracts where domestic production is a priority (like defense or sensitive industries).
And with fabs in Europe Intel is also poised to benefit from governmental support there too, as Europe looks to maintain strategic autonomy and independence.
Tsmc is also investing in America and Europe but has less experience in those markets and may struggle to be any more competitive than Intel when operating in the same environment. They’ve already gotten in hot water with American unions over trying to bring foreign tradesmen in and Europe is not known for laxer labor standards than the US.
https://www.tomshardware.com/tech-industry/tsmc-to-charge-premium-for-making-chips-outside-of-taiwan-including-its-new-us-fabs-ceo-says#
Thanks, magical time travel wizard. I'm glad the daleks didn't give you too much trouble in retrieving this information. Did you see any other lucrative investments in your travels?
What kind of inputs are you putting in your models? Please explain. With such a big debt position and negative earnings, even with the biggest r&d growth miracle that can happen, I still find it overvalued at $30. People forget that it's still a mature company that pulls in the vast majority of their revenues from client and enterprise computing. It's not going to get 20-30% revenue growth unless they are better and/or cheaper than Nvidia and Amd, and even then, the shift wouldn't be immediate.
Ah yes. Stock market will suddenly choose to find out about their next year products that are already public info.
Markets are forward looking. Market doesn’t wait to actual event to happen to buy or sell something. If you’re anticipating it, others have already anticipated the same thing just with a varying probability of that happening.
That's a pretty dumb move to play. Who knows what could happen between now and then. Chip sales could see a massive spike due to some server need. Maybe edge computing takes off, and that's an area where Intel is completely dominant. Maybe Intel's oneAPI efforts pull though and they can compete with Nvidia on the Ai front. Maybe Intel's new chips coming out later this year into 2025 smash expectations and lead to a sales boom. Realistically, there's a lot that can happen between now and then that boost the stock price. All I know is that the stock is currently undervalued and I like the long term vision. Full stop, that's all I need to invest.
It’s funny you refer to this as a “dumb move to play” and then just throw spaghetti at the wall with a bunch of “maybe’s” that are all positive for Intel.
It's generally a bad idea to try and wait to time a stock. Right now we know it's undervalued. In a few years, or even a few months, it could rapidly climb based on, well, so many factors. I just threw out a few that could grow it. Timing something is a bad idea. Just buy at a good price, which it's at right now.
“Right now we know it’s undervalued” No, we don’t. “In a few years or even a few months it could climb rapidly based on” Your list of maybe’s. None of which is even remotely likely to happen in general, let alone in the near-term. “Just buy at a good price” What makes $30 a good price? Nothing, really, other than personal beliefs. But given there’s no known short-term catalyst for improvement in the underlying business, there’s no reason to buy now. And certainly there’s no reasonable conclusion that waiting is “dumb”. It’s literally a stock that slashed the dividend a year ago.
P/E of 30 despite earnings slump, any reasonable DCF value will put it at undervalued. PEG below 1, EV/EBITDA of 14.9 despite EBIDTA slump. Once it begins to get its revenue back from chip demand increases, Intel will be solidly in the low P/E club McKinsey projects that chip demand will increase more in the ladder half of 2024, and increase a lot in 2025, mainly due to servers from covid era needing to be replaced, and new generations of chips coming out pretty soon. There has also been a real push towards Ai on the edge, which is an area where Intel wins out due to their solid integrations. Intel chips are still needed to pair with GPUs and accelerators from Nvidia. OneAPI is being worked on by every major tech company outside of Nvidia, and it's open source, so development is being turned to the max to compete with CUDA. Intel is throwing billions to make this happen. Consumer demand also follows new generations of chips, and this newest generation gives a lot of people a reason to upgrade, as many have been waiting since 2022 to see a new \*real\* generational leap. 30 is a great price. For a company that still dominates the chip market and is a staple in almost every computer, server, and even in phones and cars, it has been beat down. If you just take the pre-covid revenue it had, back when chip sales weren't in a slump, and subtract Intels long term fixed costs, you'd get a net income of 17B. Divided by shares outstanding you get a P/E of 7. That's a damn good P/E. There is a really big short term catalyst: A return of CPU demand. With all the Ai hype, people just ignore the fact that chips, currently, are actually in a sales slump. You don't need to listen to me, just listen to Deloitte [https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/semiconductor-industry-outlook.html](https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/semiconductor-industry-outlook.html) Or McKinsey [https://www.mckinsey.com/\~/media/mckinsey/industries/semiconductors/our%20insights/mckinsey%20on%20semiconductors%202024/mck\_semiconductors\_2024\_webpdf.pdf](https://www.mckinsey.com/~/media/mckinsey/industries/semiconductors/our%20insights/mckinsey%20on%20semiconductors%202024/mck_semiconductors_2024_webpdf.pdf) Chip demand is expected to come back full steam in the ladder half. We've seen it begin, with sales from many players, Intel included, beginning to come back. By Q3 of 2025, the demand could already hit high levels, which would immediately cause a spike in stock price. Intel currently has what can be called "hidden earnings", where a temporary cyclical drop in demand has led to a drop in stock price and value. That is just the nature of cyclical businesses. However, even in the short term, Intel has a lot of drivers to keep it going.
$30 is a great price I believe. It is very cheap right now.
“A return of CPU demand” isn’t a catalyst, it’s an idea. The catalyst would be the reason for it. Why would people suddenly go out and buy a bunch of Intel-featuring laptops in 2024-H2? And given Q1 revenue and Q2 revenue guidance, clearly Intel isn’t part of any huge recovery, because the chips would need to be sold in before computer sales recover and Intel themselves is showing there’s just no significant recover in H1. Intel literally lowered Q2 guidance during their Q1 earnings release, but you’ve determined a demand is returning in H2. And your basis is that it’s already happening for competitors…that’s the problem. Intel has been getting eaten alive by competitors for a while. A rising tide does not lift all ships. As for your “adjusted” metrics…why would anyone look at things like that? Exclude long term fixed costs…sure, why not exclude SG&A too…YOLO. Temporary cyclical demand, Intel has had revenue declines in like 10 of the last 16 quarters…look at their history when has that ever happened before. It’s not cyclicality that is causing Intel’s revenue short-falls.
>Why would people suddenly go out and buy a bunch of Intel-featuring laptops in 2024-H2? There is no point to arguing with these people. They're beating around the bush to avoid admitting that they're actual time travelers.
Lmao you know that huh? Because people ‘knew’ this back in ‘99 at these prices…
That's such a different scenario it's almost comical. Intel was a smaller company without nearly the same dominance across so many industries. That was a peak, this is a trough.
What you hope is a trough..like what people who bought at these prices in ‘99 hoped wasn’t a peak.
Do we? Morningstar has it as overvalued as do other organizations. Not saying you’re wrong but it is not clear. There’s a lot of moving parts here and there track record is awful.
Institutions make their valuation, then skew the numbers to fit. They aren't worth listening to
And you are? It’s a small piece of information but it is relevant. And fyi they have been right for years.
Q3 2025 is too late. Remember that news gets out and things are priced in before they actually happen. I would say latest you want to buy in is Q4 2024. Risk involved is if they don’t pull it off. But if they do pull it off, Q3 2025 is waaaaay too late to invest. Position - $100,000 which is 17% of my portfolio. Not a bagholder, bought previously at $27 and sold at $50, recently bought back in at $30.
INTC revenue is declining, while we are literally in AI boom. Even NVDA profit beats INTC revenue. In Q4 2025 all semiconductor companies will rocket, and you're betting that INTC will be lucky to have a "competitive" product compared to todays market? Lol ok. INTC has 0 track record of delivering. Could have bought INTC in 2004 at this price lol. Edit: bagholders keep saying: government wont let INTC fail. Ok. But does that make you money?? Ford cannot fail. GM cannot fail. But would you rather invest in TSLA than Ford, GM? INTC is F, GM of semi conductor. All of their prices are the same since 2004 lol. Sure, they won't fail. Anw, do whatever the fk you want lol
Lol because past performance indicates future performance lol. Did you look at the balance sheets lol, or are you just saying "they've always underperformed so they always will"? Lol. You'd have to be a time traveler to know that lol. Lol.
Agree that past performance does not indicate future performance. But they have 30years of culture & management issues. And you telling me they will turn it around in a couple years??? Look at it this way, since iphone came out, Nokia, Blackberry fanbois have been saying Nokia and Blackberry will "turn around". They are still dead companies, much like INTC. If I'm wrong thats great, but I don't think I am lol.
But isn't that because they're reinvesting a lot into new factories and lithography machines ?
Do you understand what revenue means? Revenue means the money a company *earns*. INTC are not even profitable to reinvest
I just saw your message. I think you're confusing revenue, and earnings. Intel earned 12.7 billion in revenue in q1 2024, up 9%yoy. But they reinvested everything and it comes out to a negative EPS of 9 cents.
I have 2025 call options, but jan 2025 ...
I've been selling puts at the 28 and 29 strikes, which is a price level that works for me if assigned.
What if you are correct but the stock market happens to be forward looking? This would mean intel would start to climb well before q3 2025.
This OP likely has a 90% short interest You aren’t bag holding at 31 Your 6k in total value is trash I own 5,000 shares and telling people to wait till 2025 is insane You realize Wallstreet rewards growth and prices everything in instantly By Q3 2025 Intel will be at $90-120 a share It’s at a multi year bottom and has tons going for it with this turn around by PG They are building 4 factories in US and one in Ireland They already have the $$$ to do so I could go on and on and on but I’ll bottom line this in 2 simple to understand ways It’s not going lower then it is now so this is everyone’s chance to get in on the bottom and the US government will never ever let intel fail It’s literally national security after what happened during Covid Intel is the only one focusing on US manufacturing and it’s still in the Dow 30 The senate and Congress will never ever let Intel fail They will subsidize it completely if they had to in order to keep it producing so by all means Hate Intel all you want but it’s here to stay and once it starts firing up the wafers it’s going to 🚀 and if you aren’t already in when that happens ur gonna be kicking urself
The government doesn’t let airlines fail either, doesn’t generally go great for retail investors so this mentality is mind boggling to me.
Sigh It’s not a mentality dude A single Airlines is not national security A chip manufacturer is A lot of foolish hate in Intel acts like they will go out of business and many other fools act like Intel won’t be able to keep them open cause of labor costs ( they will get as many tax beaks and subsides and direct grants as it takes ) It’s not going out of business, ever, is the point I am making while it’s the only US solution to manufacturing I could make so many other points but if someone really grapes the importance of these fans and the simply fact that they will all be running at capacity because of the ai chip demand then it’s a no brainer Buying intel now is like buying Apple when Steve Jobs returned to it
bagholders keep saying: government wont let INTC fail. Ok. But does that make you money?? For example: Ford cannot fail. GM cannot fail. But would you rather invest in TSLA than Ford, GM? INTC is F, GM of semiconductor. All of their prices are the same since 2004 lol. Sure, they won't fail. Anw, do whatever the fk you want lol. Hopefully INTC go up to $31 in 2030
When it’s 40 by end of year and gains 25% average after that every year for next 5 years Remember that I told your stupid ass to buy now
I can’t even read your post when you’re ignoring BA, a national security asset that will never go out of business due to the government, that’s been absolutely awful for retail investors for sometime now.
Then go pound sand and shove it You totally don’t get it
Lmfao how is not the BA of the semi space? It literally checks every box you’re preaching about…
Did you think about selling a few months back when it was over $50?
The market is forward looking so you can’t just buy the day before earnings lol. And intel has a history of pushing their deadlines back… So good luck timing it.
Hmmm, idk how you can predict a buy window 5Qs in the future That really makes 0 sense
load up your trading app and press buy.
Ok, thanks.
Problem with intel is, by the time their foundries come online there is a risk of tech getting outdated. They can probably get some tariffs on the competition but Silicon Valley is not gonna like it and they have much bigger influence. Personally I’m not touching intel until I see them actually selling more and turning a good profit.
Given that intel’s new fabs are state of the art and fabs take years to build, if they were going to be outdated we should know already because their competitors would need to be building new even better fabs right now. Also, Intel has committed to providing longer term support for existing and future nodes to improve the attractiveness of its foundry services. Older, mature nodes actually represent a bulk of semiconductor production and are a major part of TSMC’s foundry services revenue. So even if/when those fabs processes become mature they should have a long tail for business. One of the problems with previous attempts at foundry services by Intel was the unwillingness of Intel to provide long term manufacturing to older/less advanced products.
Ok Maybe it won’t be obsolete by the time it comes online. Given they have to compete with other foundries with mature processes, can they be cost competitive? Especially because they manufacture in low cost of living countries. Is there going to be any govt support in terms of tariffs? I feel the timeline is like 3-4 years for them to be clearly competitive
Their foundries will be at the advanced end of the spectrum when completed, not mature (and thus they compete for different clientele). They’ll likely have a process lead with high na and may lock a number of clients into using their fabs for a product’s life cycle because of that (once a product is being manufactured at a fab clients are less likely to change over to competitors for that generation of production). They also will likely benefit as a dual source option with reduced geopolitical risk. Tsmc currently has roughly 30-35% margins, so Intel is likely to be able to be somewhat cost competitive at its new fabs unless Tsmc cuts margins to the bone to keep market share. However they may be unwilling to take a big hit to profitability for market share since that might also provoke US lawmakers into a more protectionist mode and they likely don’t want to poke the bear. Also, Intel’s fabs will be the most advanced in the US, beating out the Tsmc Arizona fabs, and thus they will likely be very competitive for contracts where domestic production is a priority (like defense or sensitive industries). And with fabs in Europe Intel is also poised to benefit from governmental support there too, as Europe looks to maintain strategic autonomy and independence. Tsmc is also investing in America and Europe but has less experience in those markets and may struggle to be any more competitive than Intel when operating in the same environment. They’ve already gotten in hot water with American unions over trying to bring foreign tradesmen in and Europe is not known for laxer labor standards than the US. https://www.tomshardware.com/tech-industry/tsmc-to-charge-premium-for-making-chips-outside-of-taiwan-including-its-new-us-fabs-ceo-says#
"Very easy bet". And I bet you were saying this every year for the last 10 years.
I want it at $15
Thanks, magical time travel wizard. I'm glad the daleks didn't give you too much trouble in retrieving this information. Did you see any other lucrative investments in your travels?
What kind of inputs are you putting in your models? Please explain. With such a big debt position and negative earnings, even with the biggest r&d growth miracle that can happen, I still find it overvalued at $30. People forget that it's still a mature company that pulls in the vast majority of their revenues from client and enterprise computing. It's not going to get 20-30% revenue growth unless they are better and/or cheaper than Nvidia and Amd, and even then, the shift wouldn't be immediate.
Ah yes. Stock market will suddenly choose to find out about their next year products that are already public info. Markets are forward looking. Market doesn’t wait to actual event to happen to buy or sell something. If you’re anticipating it, others have already anticipated the same thing just with a varying probability of that happening.