Intel: Fails To Absorb AI Tailwinds


  • Intel’s fundamental problems are highlighted by stagnant revenue growth, inability to compete in GPUs, and weak balance sheet.
  • Recent developments reveal missed revenue estimates, weak guidance, and Intel’s GPU market share diminishing to zero.
  • Three different valuation approaches signal that the stock is substantially overvalued.

Entrance of The Intel Museum in Silicon Valley.

JHVEPhoto/iStock Editorial via Getty Images

Investment thesis

My previous bearish thesis about Intel (NASDAQ:INTC) aged well as the stock returned -8%, compared to a 24% increase in the S&P500. Today I want to update my thesis because a lot of developments

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