Opened a small position of $INTC. Will update portfolio composition tomorrow. Wiped from work today.
Basically trusting Lip-Bu Tan on Intel turnaround and loved technical setup posted few days ago.
Listened Q1 EC & BAC conf. Main points that stuck out:
-Strong balance sheet
-cutting layers of management. Lip's been attending shit ton of meetings w/ clients, engineering, polling talent
-likes to underpromise and overdeliver. Analyst asked CFO why guide so weak Q2. A: tariff orders pull, BUT ALSO, so Intel can beat, basically
-Contrary to my previous view, ARM in server is mostly for HPC own workloads, software support is just not there yet
-ofc, pulling their sleeves in catching up with product.
Might trade, might hold, will see how story unfolds