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1080 points antipaul | 3 comments | | HN request time: 0.407s | source
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lmilcin ◴[] No.25070499[source]
If you still own any Intel stock it is probably good time to dump it. Not only can't they compete with AMD, Apple now started running circles around them all.

I wonder what the world is going to be like when companies own entire stack including all hardware (even things like cameras and displays) and applications (including app stores).

There is going to be no competition as any new player would have to first join an existing stack that keeps tight grip and ensures competition is killed off before gaining momentum.

So, basically, dystopian future with whole world divided into company territories.

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selectodude ◴[] No.25070575[source]
>If you still own any Intel stock it is probably good time to dump it.

Until Intel stops making huge amounts of money, I'm not sure, as a company, they're in huge trouble. Apple isn't going to be selling the M1 to other companies and other companies have proven they don't have the mettle to spend what Apple is spending to make chips like this. Really, AMD should be a little worried since they have some counterparty risk getting all of their chips made by TSMC. At least Intel controls their own production.

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1. lmilcin ◴[] No.25070728[source]
Stock value is a view on future, not current financial situation of the company, with relation to what existing market thinks it is going to be.

By buying stock you say: I believe the company is going to be better than the market thinks it is going to be.

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2. colinmhayes ◴[] No.25070854[source]
And the market currently has intel at a price/earning of 9. Pretty much the lowest of any tech company. If you have any semblance of hope for intel it's a solid buy.
3. selectodude ◴[] No.25070859[source]
Stock value is a view on whatever people want to think it is. If you look at pure financials, INTC is very undervalued. It's a dividend stock, it's trading at a PE of 9. Do we really think that Intel has lower growth potential than Exxon or AT&T?