Intel gets in play.
The deal announced with Nvidia had pushed the price higher substantially, for more than 3 values of daily volatility (measured in ATR). We can expect the momentum to go higher.
The move is happening in the context of Q2 results where revenue exceeded expectations, alongside management’s focus on cost cutting, asset sales, and streamlined operations. Investors were encouraged by Intel’s progress in repositioning toward higher-growth segments such as foundry services and AI, helping shift sentiment away from near-term EPS pressure toward long-term competitiveness.
Don't forget - this is just the idea, do your own reserch and never forget to manage your risk.
The deal announced with Nvidia had pushed the price higher substantially, for more than 3 values of daily volatility (measured in ATR). We can expect the momentum to go higher.
The move is happening in the context of Q2 results where revenue exceeded expectations, alongside management’s focus on cost cutting, asset sales, and streamlined operations. Investors were encouraged by Intel’s progress in repositioning toward higher-growth segments such as foundry services and AI, helping shift sentiment away from near-term EPS pressure toward long-term competitiveness.
Don't forget - this is just the idea, do your own reserch and never forget to manage your risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.