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  • HighTech4US - Thursday, October 22, 2020 - link

    With Intel's (INTC) 10% share price cut in the extended market I have picked up a number of shares at $48.83. The dividend of 2.7% (at the $48.83 price) offers a nice income while I wait for Intel to get their act together which they will. AMD will make some hay right now but Intel will come back as they have done before.

    For investment purposes I feel that Intel with a PE under 10 and the 2.7% dividend will be a better investment for the next 5 years than AMD as AMD is currently priced for perfection with a PE of 155 and offers no dividend.
  • bji - Friday, October 23, 2020 - link

    As if PEs even mean anything anymore. There is no scientific objective formula that states what a company's P/E ratio "should be". 155 is the new norm.
  • michael2k - Friday, October 23, 2020 - link

    PE is essentially risk.
  • mdriftmeyer - Friday, October 23, 2020 - link

    Then TSLA is nothing but risk with a P/E well past 1k.
  • boozed - Saturday, October 24, 2020 - link

    A lot of people are betting a lot of money that Tesla will be raking it in... eventually.
  • mdriftmeyer - Monday, October 26, 2020 - link

    And the VW Group will soon be pushing out several millions cars per year as EV only. Rivian will be a success very shortly. Mercedes has 14 products EV by mid 2021.

    Tesla's success is about to run out.

    When Honda, Toyota and Nissan finally enter the room they'll be looking to gut Tesla's board or sell it off. That price point is ludicrous.
  • JKflipflop98 - Tuesday, October 27, 2020 - link

    "Rivian will be a success very shortly."

    Don't keep up with current events, huh?
  • sorten - Friday, October 23, 2020 - link

    P/E/G is more useful than PE, and when growth is negative you can draw fewer assumptions about what PE should be. Buying a dividend stock for a company that is temporarily down on its luck can be a solid move, as you suggest.

    But at the end of 2021 Intel will still be shipping 14 and 10nm CPUs while AMD is on 7 & 5nm. Apple is leaving the Intel camp for ARM, and ARM is coming for the data center business. Lots of pressure ahead.
  • Hifihedgehog - Friday, October 23, 2020 - link

    "I wait for Intel to get their act together which they will."

    That is a lot to hinge your bets on. Unless they have a Conroe comeback, your waiting will be totally in vain.
  • alufan - Friday, October 23, 2020 - link

    Amd have a direction and plan for the next 5 years and have executed the plan they shared in 2017 so far, am not so sure Intel has the same thing undoubtedly they will one day return but it may well be 7 years or more before they do, 10nm is a struggle, 7nm well lets not go there and 5nm? AMD i believe are in the advanced design stage and will release next Year, thats a mighty big mountain for Intel to climb especially with the new 5000 series appearing to be very much on top.
  • Gondalf - Saturday, October 24, 2020 - link

    Amd have nothing more like Intel. It is not a matter of plan, it is a matter of costs.
    A good 14nm wafer is $ 3000/3500, a good 7nm wafer is more than $ 9000 a 5nm wafer is in the range of $ 16.000.
    Both companies are in great trouble, in fact Amd profitability is very very low.
  • Qasar - Saturday, October 24, 2020 - link

    ahh gondalf, love you pro intel, anti amd BS, as always.
    and intel profitability, is getting worse :-)
  • mdriftmeyer - Monday, October 26, 2020 - link

    AMD is about to expand considerably.
  • JKflipflop98 - Monday, October 26, 2020 - link

    They can't. They're in the same position they were in during the early 2000's. They have a hot chip that people want to buy, but they're going to be capacity constrained to meet that demand. Last time they simply didn't have the fab capacity, and by the time they built a new factory and got it staffed Conroe came out swinging and smashed all their plans.

    This time TSMC is capacity constrained. So they can't really order more wafers. So they're in the same spot.
  • azfacea - Friday, October 23, 2020 - link

    "for Intel to get their act together which they will ..." You dont know that. Intel is not competing sunnycove w/ zen3 or whatever. intel is competing w/ TSMC and at the moment its competing 14nm against 7 going to 5nm from TSMC.

    if intel is going to be a profitable fabless company, no reason for it be worth 200B. could very well get cut down in half if not worse if they dont act quickly and restructure efficiently. You cant pay 100k employees from that biz.

    if comeback means both silicon and design. i've got bad news for you. no one has ever come back from 1.5 nodes behind nearing 2 nodes behind. many many giants have gone to zero in semi manufacturing. generational gaps in process is no laughing matter. the old node goes to worthless very quickly w/ exponential jumps.
  • azfacea - Friday, October 23, 2020 - link

    not to mention the clown leadership at intel (especially bob swan and the ppl he has surronded himself w/) cant comprehend an internet café. nvm this.
  • liquid_c - Friday, October 23, 2020 - link

    “Global pandemic”. A “pandemic” is, by definition, a globally spread disease. You’d want to fix that.
  • strawgate - Monday, October 26, 2020 - link

    A pandemic is, by definition an epidemic that's spread over multiple countries. Adding global to it clarifies that it is not local to just France, Spain, Germany, Portugal (for instance) but spread around the globe.
  • duploxxx - Friday, October 23, 2020 - link

    customers shifting to lower cost cpu? sure Intel believe in your own bullish answers...
    ASP is down because of all the server and client CPU prices have dropped significantly to be able to stay competitive with AMD, 2021 will be no different ... decline in ASP.
  • Memo.Ray - Friday, October 23, 2020 - link

    Lol, true! I laughed when I saw:
    >>according to the company, average selling prices (ASPs) are down as customers gravitate towards cheaper products

    Yeah, right! not the fact that you are now forced to sell your CPUs at half the price compared to couple of years ago!
  • mdriftmeyer - Friday, October 23, 2020 - link

    Data Center revenues are now going to AMD. Data Center growth is expanding, not shrinking and people are moving away from Intel.
  • AshlayW - Saturday, October 24, 2020 - link

    People still buy intel products?
  • Qasar - Saturday, October 24, 2020 - link

    yes, because amd will charge too much for their, what looks like, better performing ryzen 5000 cpus.
  • Showtime - Saturday, October 24, 2020 - link

    Bought 4x intel 9700k for various builds this week. $200 each on sale. Can't beat it. Always comes down to price vs performance. All Intel has to do is lower prices a bit, and they will sell well enough. New AMD's are $300 for their 5600x 6 core. Shouldn't be too hard for Intel bring the new 11600k for less if needed. If AMD came in at a $200 for their new 6 core like they were for the old one, then Intel would be in trouble.
  • Calin - Monday, October 26, 2020 - link

    After all, AMD is competing in the GPU market with what is basically a higher powered (in Watts), cheaper GPU versus NVidia.
  • Calin - Monday, October 26, 2020 - link

    I don't think AMD is able to produce enough processors, so somebody must take up the "rest of the market"
  • K_Space - Sunday, October 25, 2020 - link

    "The drop in gross margins is a big part of Intel’s financial story for the most recent quarter: according to the company, average selling prices (ASPs) are down as customers gravitate towards cheaper products..."
    Cheaper products? Ahahaha; is that their way of saying: we were ripping customers off before but now can't sustain our ridicilous pricing because we have real and viable competition.

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