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Intel Stock Forecast: Ignore The FUD Noise, Intel Is Still A Strong Buy

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Intel’s stock dropped recently due to the noise that TSMC plans to build a $12 billion factory in the U.S.
Another noise that contributed to the dip is from U.S. Department of Commerce’s decision requiring U.S. firms to acquire a license before they can sell products to Huawei.
Learned investors should be deaf to the noise now, Intel is still a long-term winner. TSMC’s U.S. factory is not coming soon.
There are other PC and smartphone vendors that could mitigate losing Huawei as a chip customer.
INTC is still an embodiment of a callous market and undervaluation.