I’ve been a holder of Intel since low $20’s and kept on accruing more and more.
Every once in a while opportunities like intel come along where a previous tech market leader loses strength and the market overreacts and drives the price down way too much.
Mainstream media latches on, calls the end of the company, tech YouTubers and the HN comment section follow suit. Price further falls to ridiculous lows and becomes a screaming value buy.
It doesn’t happen often, but when it does it’s a great opportunity. There are of course exceptions (Kodak comes to mind) but a company like Intel when we are going through perhaps the largest ever compute and processing demand surge was just silly.
nodesocket•1h ago
Every once in a while opportunities like intel come along where a previous tech market leader loses strength and the market overreacts and drives the price down way too much.
Mainstream media latches on, calls the end of the company, tech YouTubers and the HN comment section follow suit. Price further falls to ridiculous lows and becomes a screaming value buy.
It doesn’t happen often, but when it does it’s a great opportunity. There are of course exceptions (Kodak comes to mind) but a company like Intel when we are going through perhaps the largest ever compute and processing demand surge was just silly.