The whipsaw from 150% gains to a 17% drop really captures how sentiment-driven Intel's run was. The value thesis made sense at sub-$100B but at $259B the margin for disapointment was razor-thin. Governemnt support and AI hype can only carry a turnaround story so far before actual execution has to show up in the numbers.
The whipsaw from 150% gains to a 17% drop really captures how sentiment-driven Intel's run was. The value thesis made sense at sub-$100B but at $259B the margin for disapointment was razor-thin. Governemnt support and AI hype can only carry a turnaround story so far before actual execution has to show up in the numbers.