Is INTC a good stock to buy?
We came across a bullish thesis on Intel Corporation on Nikhs’s Substack
In this article, we will summarize the bulls’ thesis on INTC. Intel Corporation’s share was trading at $99.17 as of June 5th. INTC’s trailing and forward P/E were 904.17 and 123.46 respectively according to Yahoo Finance.
Posonskyi Andrey/ Intel Corporation designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States and internationally. INTC is positioned as a deeply undervalued semiconductor company where the market is still pricing in structural skepticism despite improving operational signals across manufacturing, foundry, and advanced packaging. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential The thesis centers on valuation dislocation versus peers, with Intel trading at 3.6x price-to-book compared to Taiwan Semiconductor Manufacturing Company at 10.6x, Tower Semiconductor at 7.8x, and GlobalFoundries at 2.9x, even though Intel remains the only integrated leading-edge competitor with scalable capacity and full-stack CPU and foundry exposure. On a relative basis, Intel is argued to deserve at least a 5.8x price-to-book multiple, implying a minimum upside valuation of approximately $133 per share based on a 22.9 book value per share versus a current price near $81.