Is $INTC about to be “super successful?” When they were asked on their July 23rd earnings call about the need to raise capital, which they are doing this morning with their $15B common stock offering, this is how the CFO answered: “we feel like we're in a really good place from a balance sheet perspective. We have over $30 billion of cash. We have a $10 billion revolver. So, we've got $40 billion of liquidity… Obviously, the fact that revenue and profitability and EBITDA are all expanding helps a lot in terms of the cash flow that throws off to the business. And additionally, we have… roughly, call it $10 billion of what it's called non-core assets that can still be monetized on the balance sheet… And we have seen, by the way, our customers willing to invest with us. And we've had pre-pays from customers… that has enabled us to unlock capacity that's helped us. That said, if we're super successful, which we're driving to, we may need to tap the capital markets to drive…some more investment.” My belief of what “super-successful” means is they are close to signing up one or more major foundry customers, which is very capital intensive, and they need a lot more capacity to ramp it. I expect more details from industry sources to come out over time given a press release is unlikely given the secrecy demanded by most customers. I believe with Intel, there are multiple ways to win: 1) higher ratio of CPUs to GPUs in Agentic, 2) advanced packaging and 3) US national champion in foundry. This offering today increases my conviction they are on the path to being “super successful.”

Tell me you have an external wafer customer without telling me you have an external wafer customer. After LBT said 14A is not guaranteed, I had a call with management and asked if 14A could go forward on external advanced packaging deals alone and the answer was no. So the go forward for 14A, and this, obviously, means its not just a customer for AP but wafers as well.

🚨 JUST IN: President Trump announces he will "TAKE CARE" of birthright citizenship for illegals and foreigners after the Supreme Court ruling "It was meant for the babies of SLAVES!" 💯 "Not for rich people from CHINA!" "I KNOW they got it wrong." "We'll take care of the birthright citizenship. That was NOT meant for rich people from other countries!"

$INTC NEXT GEN EMIB-T ALREADY AT 95% YIELD Felt this one flew under the radar. Meanwhile $NVDA is struggling because of $TSM's CoWoS yield as they try to copy Intel's strategy with next generation CoWoS, shows how much TSMC fears Intel's rapid gains.

The modern West would look very different without Elon Musk It would be unrecognizable • Reusable rockets • EVs • Sustainable energy • Global satellite internet • Brain-computer interfaces • Humanoid robots • The greatest warrior for free speech One man shifted the trajectory of the entire civilization

I have just finished reading Justice Clarence Thomas's 91-page dissent in the Supreme Court’s ruling striking down Trump’s birthright citizenship order. It's incredible. Here's everything you need to know: 🧵