The pessimism around Intel is understandable.
But what do you think about this? 👇
Intel and Amazon Web Services have announced joint investments in their own chip designs as part of a multi-billion dollar, multi-year strategic collaboration.
Read more here: Intel-AWS partnership is 'big win' for Intel's foundry: analyst (yahoo.com)
It doesn't change my opinion. I'm not buying.
For my part, I'm at a loss here too, the price has come down so it's tempting, but there are enough of those problems. Of course, even as we write here, they have enough cooperation and it's clear enough that the government just won't let them fall, which is a big promise. We will see, but it will be for a long time, that's for sure, and a lot will depend on how capable the leadership is. I probably, if they still get under $20 I might buy a few shares as speculation.
It will be a long time before that changes again and they start to thrive. I don't believe Intel is going out of business.
They're not in a good place, but it would be great if this or anything else would help them just a little bit.
It's certainly not bad news, but again, I wouldn't give it the weight of a possible turnaround and high growth. If Intel wants to get out of this, it's going to be a long road.
I didn't understand if this is an Amazon design, where they currently have it done at TSMC, or something new that will run concurrently at Intel. Either way, it is a best of breed manufacturing technology that is not yet ready. Intel has had repeated problems with delays and AI companies can't afford to get a few months behind the competition.
The Intel situation is not good, but I believe that in the long run the problems will be resolved.
Let them invest in their own chip designs, but it won't solve the problems they have.