OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Besides BTC and ETH, I'm holding SOL and a few other Solana plays (which are taking a dip probably due to XRP's pump).
Finally!
Intel CEO steps down as chipmaker falters, lays off staff
Intel CEO steps down as chipmaker falters, lays off staff
Looks like it's trying to break through that 24-25 and change area I mentioned is resistance. Very good news. Of course who the replacement is important but the first step is recognizing part of the problem. Jensen and Lisa have any more relatives? lol
Jensen Huang Jr? Intel would be at $50 in a week! I'm still holding this POS so I'm hoping this is the start of a rally.
It’s still bottoming (that’s not usually a V but a process) in my opinion and has a ways to go to come out of it. I mentioned awhile back that 19-20 and change area looked like a good spot to possibly step in and it’s held that area and bounced to this current resistance. I couldn’t say that it will break this area convincingly any time soon but the news is hopeful at least. The replacement and the roadmap are the next key pieces that need to be defined to move meaningfully higher.
This was always going to be a slog similar to GE in some ways. That at least had a jewel, now 2 with the surprising rise of Vernova…INTC has solid pieces and is in the guts of enterprise on some level but nothing of the quality of aerospace at GE so still TBD.
I got in during the last big dip, so $25-26 (IIRC). And then round tripped the last rally. It does have valuable parts. I listened to a podcast with a chip expert and his thoughts on INTC were very interesting. Tale as old as time.....why invest in new tech (GPUs) that would eat your cash cow (CPUs)? Oops.
It was all about what NVDA was doing vs INTC. I will try to find it again.
Sold half my shares of DEFTF at 2.75. Nice profit with a cost basis of .87. I'd buy back in if it dips significantly.
Sounds like yes.....but still pending Friday's jobs report and CPI next week.
People on inside know Gelsinger wasn't the problem - Intel was hung to dry . Intel's problem was that their hardware was stuck in a rut while AMD, Apple and TSMC made some innovative and popular hardware. Intel - owned the enterprise market - got big and lazy (and corrupt some will say). As things slid, the marketing/finance people took the wheel - almost always a bad sign. Intel tried selling sizzle instead of steak. They couldn't make chips smaller/faster/cooler but tried to look faster while being hot and power hungry (deadly in enterprise server farms)
The chips act was meant to help Intel make chips in US. However DC made so many DEI hoops to jump through Intel couldn't keep going fast enough and gov held money back. TSMC tried setting-up in US and was also suffocated. Knowing how many people in DC are on the take (CCP) I'm not even sure they wanted chip success. Now Intel has a (temp?) girl boss from marketing and finance. Same old path to sizzle but it wont work now.
“We are disappointed by how long and how slow the dispensing of funds has been,” said Gelsinger in an interview with Bloomberg.
Intel CEO Expresses Disappointment as Delays Persist
www.ceotodaymagazine.com
Intel’s CHIPS Act grant reduced as production delays and losses mount
www.computerworld.com
This is the meat of the problem:
"Commentators have noted that CHIPS and Science Act money has been sluggish. What they haven’t noticed is that it’s because the CHIPS Act is so loaded with DEI pork that it can’t move...Because equity is so critical, the makers of humanity’s most complex technology must rely on local labor and apprentices from all those underrepresented groups, as TSMC discovered to its dismay..."
DEI killed the CHIPS Act
The chips act was meant to help Intel make chips in US. However DC made so many DEI hoops to jump through Intel couldn't keep going fast enough and gov held money back. TSMC tried setting-up in US and was also suffocated. Knowing how many people in DC are on the take (CCP) I'm not even sure they wanted chip success. Now Intel has a (temp?) girl boss from marketing and finance. Same old path to sizzle but it wont work now.
“We are disappointed by how long and how slow the dispensing of funds has been,” said Gelsinger in an interview with Bloomberg.
Intel CEO Expresses Disappointment as Delays Persist
Intel CEO Criticizes CHIPS Act Delays as Biden Pushes $6.6B Deal
Intel CEO slams delays in the CHIPS Act, as Biden pushes to finalize $39 billion in semiconductor funding before Trump's administration.
www.ceotodaymagazine.com
Intel’s CHIPS Act grant reduced as production delays and losses mount
Intel’s CHIPS Act grant reduced as production delays and losses mount
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
www.computerworld.com
This is the meat of the problem:
"Commentators have noted that CHIPS and Science Act money has been sluggish. What they haven’t noticed is that it’s because the CHIPS Act is so loaded with DEI pork that it can’t move...Because equity is so critical, the makers of humanity’s most complex technology must rely on local labor and apprentices from all those underrepresented groups, as TSMC discovered to its dismay..."
DEI killed the CHIPS Act
I don’t get the recent Apple move based on what seems like an AI flop (at least for now) although I’m guessing funds rebalancing helps move it higher.AAPL with the breakout today.
Apple
Source: MarketSurge
Sold some MSFT yesterday and moved that money to SPOT. Seems to me SPOT has a clear path to domination with less competition than video streaming and just look at what Netflix has done.
Telcoms (VZ, T) in one of my favorite category of stocks (dividend payers) having somewhat of a revival lately.
Historically, massive value traps that provided mediocre total returns. That said, probably holding onto INTC for a GE-style break-up play. Maybe shareholders get lucky.
SPOT is a great company with a promising future. Would love to see a modest pullback to get in.
If you like dividends (as I do), check out NHS, a closed end fund with rock solid distributions monthly at a 12-13% for over 20 years. I don't worry about the NAV which has ranged from 6-16 since 2003 since I have no need to sell it.
I’ve been waiting since $300 but dragged my feet. SPOT and COST were two I needed to buy instead of so much MSFT earlier this year.
Been in COST since $710'ish. I bought a mini-pullback but it was still expensive. Happy I did. LOL! Most money is made by buying high and selling higher. Some companies are worth it.
It needs to if it wants to get into the Dow. Regardless, a stock price around $1000 is a drag and needs to be adjusted.
Telecoms are the only companies in history that sell the equivalent of gold in the palm of your hand - connectivity - yet between regulation and horrible executive leadership they gave away the farm to companies (network parasites) like Apple and Google. Value traps for sure but def worse places to put money.
Just tapped out of PLTR (for now). Bought at $18.5 and sold at $71. This small position became very large. Happy to jump back in once it calms down. Thanks to @rurahrah000 for his insights and guidance on the company! I thought about selling a bunch of times during the run up.....happy I didn't until now.
Future will be picking the right AI software companies.
Feel you sold just as it broke through resistance. Up over $3 now.
Edit: Although I know you are up big in this position and I also wouldn't want an OTC to be too big of a position in my portfolio.
Last edited:
