Within the past year, the market has valued Intel (NASDAQ:INTC) at $23.68 per share, at $142.35 per share, and at nearly everything in between. As of this writing, shares sit at $87.26 -- about 39% below the high, and still about 3.7 times the low.
That is a sixfold spread within one year for the same company. How much of Intel's price is the business that exists, and how much is a claim on the foundry business Intel is promising to build?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Intel.
The bottom of the range is barely a year old. Shares fell to $23.68 last September, days after the U.S. government agreed to convert $8.9 billion in already-awarded chip grant money into 433.3 million shares at $20.47 apiece (a stake of about 10%). A couple of weeks later, Nvidia announced a $5 billion investment of its own at $23.28 per share.
#signal
That is a sixfold spread within one year for the same company. How much of Intel's price is the business that exists, and how much is a claim on the foundry business Intel is promising to build?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Intel.
The bottom of the range is barely a year old. Shares fell to $23.68 last September, days after the U.S. government agreed to convert $8.9 billion in already-awarded chip grant money into 433.3 million shares at $20.47 apiece (a stake of about 10%). A couple of weeks later, Nvidia announced a $5 billion investment of its own at $23.28 per share.
#signal
2 months ago
