the sector appears to have topped or at least is due for a solid retest and that should put a spike down in Intel given the uncertainty of the current situation.
Of course, NVDA, AMD, AVGO, TSM will also be cheaper, and Intel is not likely to outperform them in the short term.
But for those who think that at the least, selling off divisions and further reducing headcount will unlock value and make the existing business profitable, something in the mid to lower teens seems to price in the current state of the business.
For those who expect Intel to go bankrupt, I guess you could short or simply troll more than usual.
Market overall seems ready to retest substantially, either in Dec or early Jan. Even the most worthless microcap stocks are performing wildly, and that means max value is coming very soon.