Tag Archives: TSM

Intel Is the Most Essential Company in the Country

Intel (NASDAQ:INTC) stock is now where Advanced Micro Devices (NASDAQ:AMD) was when it named Lisa Su as CEO. It’s on the bottom.

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Bob Swan, who was chief financial officer becoming CEO, recruited Pat Gelsinger from VMWare (NYSE:VMW) to succeed him. Gelsinger took office in February, with the stock not too far from its current $55/share level. He then announced the transformation of the company. He plans to invest $100 billion to make Intel a chip foundry against Taiwan Semiconductor (NYSE:TSM).

It’s a bold plan.....More>>>

It’s Time to Double Down on Intel Stock

I was recently underwater on my latest investment in Intel (NASDAQ:INTC). But rather than sell my shares of INTC stock, I doubled down.

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While I love my shares in Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor (NYSE:TSM), I refuse to believe the conventional wisdom that Intel is a dead parrot.

This is a chip company selling at less than 12 times earnings. It pays a dividend yielding 2.6%. It just reported quarterly earnings of $5.1 billion, or $1.24 per share, on revenue of $19.6 billion. That’s more than 20 cents of....More>>>