Reading pieces like this about Intel ( $INTC ) puts a big smile on my face. And it reminds me of a discussion I had in a lengthy thread here on X roughly two years ago. Intel had just cut its dividend, announced massive layoffs and the stock was in free fall near multi-year lows around $19. In the discussion, Intel was labeled "the new Nokia". The main arguments for this were that ARM would wipe out x86 and that its foundry business was doomed. Things turned out quite differently, to say the least. The stock is up roughly 5x since then, and the outlook for x86 CPUs looks brighter than ever before. Even Intel’s manufacturing process now appears on track to be competitive with TSMC in 2027/28 (about 1.5 years later than I originally expected though). The company has Pat Glesinger to thank for this. What I did not anticipate at all was the success that Intel EMIB advanced packaging looks set to become. Today, Intel is one of the largest positions in my portfolio.