Sureee IBM is full of boomers. Don't even trade boomers stock. I'm surprised ancient IBM is still alive after fumbling the biggest boom in personal computers, servers and mobile. It will fumble AI and whatever quantum fantasy you're talking about
Wow everything that could have gone badly this week did. Djt is mooning.. spy is mooning.. tsla is mooning.. xom tanked and so did ibm.
Hope I make it to Monday. Fuck this.
Well, yeah, it's a mature company so gains are limited. It's like holding IBM stock. In a bull market the name of the game is growth stocks.
Intel may reach $50 in the near term, but most of the focus in this space is on nVidia and AMD which have valuations that don't make sense to begin with, and their volatility speaks to that.
For Intel to have a 300b+ market cap, they need their foundry business to become profitable, and the time to market on leading designs needs to be shortened. As you likely know, those are high priority targets. 14nm+++++ and the previous set of management heads were not suited to run an engineering company. Pat is doing much better.
tl;dr Intel stock between 25-50 for another 3 years while fabs get built up and R&D progresses barring some black swan event.
remember when IBM bought Red Hat and everyone thought it was the beginning of IBM modernizing, but instead they just turned Red Hat into a boomer company, all the smart people left, and then companies abandoned Red Hat because IBM started trying to milk everyone for more money.
They will likely ruin Hashicorp as well.