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ShukriMahadi
Jul 27, 2020 12:13 AM

Intel - the level im watching. Long

Intel CorporationNASDAQ

Description

Chip giant Intel (NASDAQ:INTC) reported second-quarter results last week, and the release included the bombshell announcement that the company's 7-nanometer processors would be delayed by approximately six months. Those chips were initially scheduled to launch in late 2021, so the delay will push that debut back to 2022. At least Intel is finally starting to ramp up 10-nanometer production -- which was also delayed by years.

The ongoing stumbles with transitioning to new generations of manufacturing technology completely validate Apple's (NASDAQ:AAPL) decision to ditch the company in favor of its own silicon.
Comments
Penguins83
you're "long" but you sure don't sound optimistic. also, charts rarely move the way you indicated it making me believe you are trying to manipulate people here into buying and shorting on the next pop.
ShukriMahadi
@Penguins83, u watched to much movies..im long at the level im intended to long..as shown on the chart.
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