$INTC This bullish candle is a bit interesting. In 24 hours it was pulled up to 128.81, the low even touched 117.36, and the trading value was 242.4M—this isn’t small-time stuff. Not long ago, more fabs started receiving additional batches of ASML’s 400M high-NA equipment. The market suddenly reacted: advanced-node capex hasn’t really died yet, and there are people willing to gamble on the 18A narrative from $INTC .
To put it simply, Intel has been getting beaten down on the ground these past few years—its valuation has long been lying flat. Any hint of foundry orders or process progress makes the upside elasticity unusually big. A 5.48% move would be major news for other stocks; for it, it’s more like, “Oh, it’s alive again.”
That said, I’m cautiously optimistic this time. The logic is basically one thing—this is a classic distressed turnaround “battle” target right now. What’s rising isn’t earnings, it’s the surprise in expectations. If you really jump in, you need to accept volatility; don’t expect it to be as smooth as $NVDA . Watching the show is fine too—after all, it’s got plenty of drama.
#Semiconductors
To put it simply, Intel has been getting beaten down on the ground these past few years—its valuation has long been lying flat. Any hint of foundry orders or process progress makes the upside elasticity unusually big. A 5.48% move would be major news for other stocks; for it, it’s more like, “Oh, it’s alive again.”
That said, I’m cautiously optimistic this time. The logic is basically one thing—this is a classic distressed turnaround “battle” target right now. What’s rising isn’t earnings, it’s the surprise in expectations. If you really jump in, you need to accept volatility; don’t expect it to be as smooth as $NVDA . Watching the show is fine too—after all, it’s got plenty of drama.
#Semiconductors