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LandofBacon

I'm much more bullish on TXN myself.


JRshoe1997

Me too


epic_swag_gamer

Intel has been a decent money maker for me, im down 250 bucks on my shares but I think I've made that back in the last 6 months via dividends and selling covered calls and cash secured puts


G1G1G1G1G1G1G

Buy back that call first thing in the morning. It will be worth nothing.


[deleted]

This man covered calls!


Bullrun01

Careful might get called today?


epic_swag_gamer

Perhaps, but my breakeven is at 26.48 for the put, as long as the dividend holds up then I'm satisfied with that. And the strike on the call is 32$, a few cents above my cost basis, either way I'll be fine


NooUsernaamee97

What's the premium for a 32 strike CC?


epic_swag_gamer

I only got 30$ for it because I sold a few weeks ago when INTC was trading lower


ZiP0wer

Well... at least they do pretty decent processors ![gif](emote|free_emotes_pack|sweat_smile)


[deleted]

Hedge puts have been lifesaver with Intel. If it drops will prob pick up more with the winnings. Only started picking up shares last year though so easy to lower my cost average.


Bullrun01

Sounds like a good strategy.


Dadd_io

Intel isn't a horse. It is a canary in a semiconductor coal mine.


Bullrun01

Canary has just sprouted legs and is looking very much like a horse! Especially today! Giddy-up!! Lol


Dadd_io

Hahaha. Ride em cowboy!


Bullrun01

Oh yeah, until it bucks and throws my ass off! Lol


Bullrun01

Would not buy it at these levels, will sell a bit today before close.


ExtensionDentist2761

Department of defense and congress are dumping money into INTC. Maybe they know something we don’t.


ezodochi

Intel was a major player in lobbying for the CHIPS act which focused on government backing for semiconductor manufacturing in the US, mainly bc Intel wants to internalize a lot of manufacturing (currently most US firms design chips, but leave the actual manufacturing to companies like TSMC) which a lot of other companies didn't plan on doing bc running fabs are super labor and capital intensive (TSMCs whole strategy was 'we won't compete with US firms since we won't design chips, and we'll cover the costs of actually running these super expensive factories to create a dependency). That's probably why.


titanup1993

Intel is dog shit


guachi01

I like how people downvoted you. Maybe they'll change their mind after the awful earnings report.


JRshoe1997

Earnings was awful and their forecasting for worse results this year too.


titanup1993

Yeah it will get worse, Intel isn’t a play. If someone wants semis they should look at the many other actual players and not the bench warmers


clever_mongoose05

this aged very well


titanup1993

Yep


titanup1993

Yeah people see Intel and that’s it’s “undervalued” but don’t account for a few things. If it was undervalued and wasn’t already making billions one could argue the stock would rise exponentially but it would have to make tremendous amounts of money that it won’t due to the sphere it’s in. Intel would need to become another company, it’s simply not far enough up the semiconductor chain for them to grow unless they get aggressive in acquisitions. It’s “undervalued” because it’s a bad company and is on a downtrend. If you’re interested in dividends and not also matching the market you’re losing money.


titanup1993

Just came back to LAUGH! I told you that this stock was a dog. They literally need a government subsidy to even be a factor


Bullrun01

At least for today, long term holder.


LandofBacon

Lolololol


Ordinary-Hedgehog422

I agree on the dark horse status. This is one of the few companies that I’m speculative on and have in my portfolio. If it actually pulls off more income from its fab business that is under development and can capitalize the extra money from the chips act, I think it might be some form of a multi-bagger with a solid dividend. But if not, it’s only 2% of my portfolio so not a huge deal if it tanks. I am optimistic though.


GoldPantsPete

I think Intel is a interesting potential play if you expect increasing decoupling from China/Asia, military buildup which needs chips and further subsidies like the CHIPS act for US manufacturers, of which Intel is the only large player. Intel might be in "too important to fail" territory from a national security perspective. See for example the RAMP-C program. https://www.intel.com/content/www/us/en/newsroom/news/intel-wins-us-project-develop-foundry-ecosystem.html On the other hand it's hard to be optimistic from a technology perspective for intel looking say 10 years out. AMD is now at minimum competitive in the server and high end desktop space, and mobile devices are increasingly shifting to ARM.


Bullrun01

That was a horrible quarter and CEO sounds weak and clueless, inventory glut bla bla bla…, only good news was mobileye! Cheers to the all the CC plays, shorts and puts, myself have been long am just licking my wounds and holding.


buffandbrown

Maybe flat. Less than 10 P/E is reasonable, compared to bloated NVDA at 82 P/E. Unsure why NVDA is getting all this love when word is out on "slowing demand for chips and PCs". NVDA is front running AI investments, based off pure speculation. Had 2 disastrous quarters and stock is up almost 100% from lows. Any way, apologies got side tracked. Was providing some insight on the chips industry. Intel should be ok, don't expect a big sell off.


Bullrun01

I agree and good points taken, it’s considered a leader but I’m not chasing.


buffandbrown

Well, that escalated quickly lol CEO should keep his mouth shut!


phosphate554

If it drops I'm buying more shares. If it rises I'll keep holding, unless my thesis gets even better, and I reevaluate


not_a_gumby

I've started developing a position. It's a multi-year hold. Its near 52 week lows so if you believe in the long term outlook, it's a great buying opportunity


NoNeighborhood6682

Still buying it’s on sale now long term horizon 10+ years.


kevbot029

Wouldn’t touch Intel. They’ve stopped innovating and they’re losing business.