SullivanRrr
06-09

$Intel(INTC)$ Setting up a wide range opportunity between 98 and 150.

The demand for AI chips is getting so extreme that even Nvidia and Google are thinking in terms of backup supply chains.

TSMC management also noted it will take a long time to fully meet AI chip demand despite aggressive expansion plans.

If Intel can hold above 110 this week, momentum could extend toward 130 as the market starts pricing in its role as a secondary supply node in the AI ecosystem.

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