Called $INTC 2 weeks ago.
Since then it’s up 18%.
CPUs become pivotal as AI shifts from prompt-based responses to agentic autonomous workflows. Sequential logic and orchestration run on CPUs not GPUs.
$AMD moving for the same reason. Both rolling out 10-25% server CPU price increases in October.
CPUs are somewhere I want exposure in the Agentic era. So far I have none.
$INTC piques my interest.
- government backed
- validated by $AAPL $NVDA and $TSLA
The chart also looks primed for a Breakout.
50 SMA reclaimed. This setup looks great.