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re: Is Intel dead money?
Posted on 2/9/23 at 5:57 pm to makersmark1
Posted on 2/9/23 at 5:57 pm to makersmark1
It’s the ATT of the chip world.
3
Posted on 2/9/23 at 6:00 pm to slackster
Is it still dead money is probably the better question. It’s absolutely been dead money over the last 23 years.
ETA- as in an investor 23 years ago, who has reinvested dividends, would have less money today than when they started.
ETA- as in an investor 23 years ago, who has reinvested dividends, would have less money today than when they started.
This post was edited on 2/9/23 at 7:40 pm
Posted on 2/9/23 at 6:07 pm to slackster
quote:
It’s the ATT of the chip world.
Very good analogy.
Another poster was talking it up a few months back because of the CHIPS Act and onshoring of production. And while that’s all well and good, their primary issues are more to do with their products, not where they’re produced. And tax breaks can’t fix that issue either.
I don’t follow NVDA that closely, but when AMD was in the 50-60 range a little while back, that was a Black Friday price range.
Disclaimer: AMD has been good to me over the years. I don’t recall that I’ve ever been long INTC, other than maybe some options plays.
Posted on 2/9/23 at 9:32 pm to slackster
quote:
It’s the ATT of the chip world.
I was going to do a little analysis, but this really says it better and more elegantly than I would/could have.
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