To The Moon

$NVIDIA(NVDA)$ I honestly don't know if this can go down to $18 as it was a few weeks ago though this seems unlikely right this moment. I don't know if $22.50 is a fair price right now. What I do know is that Intel slipped up in 2022 and went from $5 steady trailing earnings in 3 quarters to negative. Now they have pulled back to breakeven while executing the process node catch up plan to 18A which I believe is now the world's cutting edge process node. They have test chips and are ramping production for H2 2025. All they will need is volume customers for their existing ramped N3 and N4 ( mostly in Ireland ) and a lets hope $Amazon.com(AMZN)$ and $Microsoft(MSFT)$ go into volume orders enough to breakeven Foundry earlier than expected e.g. in H2 2026. And just maybe UAE sovereign wealth fund will co-venture an 18A plant over there as part of their 2030 AI semiconductor vision for which they will need to make a deal with Intel in 2025, and what better time than right now to get on Trump's friend list? I am expecting a great announcement tomorrow ( Thursday ) during the UAE visit to be a catalyst.

However, all one-shot-wonder deals aside, Intel is breakeven and Tan is divesting all the valuable but non core assets ( Altera, Mobileye, Movidius, etc ) to fix the balance sheet, and they are already at breakeven with the best semiconductor tech across the board versus TSMC now. And don't forget their market share in x86 at the lower price range for the rest of the world who don't need expensive latest and greatest.