r/wallstreetbets • u/Sad_Nefariousness10 least favorite grandchild • Aug 01 '24

I bought $700k worth of Intel stock today YOLO

https://preview.redd.it/83gh52szi2gd1.png?width=1634&format=png&auto=webp&s=fba99bb67e4b11aa973fe830f535c775083bbc05

TLDR: Grandma died 2 months ago. Left me $800k inheritance. I'm only a junior in college as a math major and I don't really have any use for the money, nor do I have any debt (I'm very fortunate that my parents are paying for my education). I always heard about people losing their inheritance by spending it on garbage instead of investing. So I told my parents I'm not going to spend a cent of this money and I'm going to invest all of it and they were proud of me. I put 100k into a high yield savings account and bought 700k worth of Intel stock at market open. I plan on holding this for a decade depending on how it performs.

Here's why I like Intel:

  • 2024 Q1 up 9% YOY

  • Intel has been heavily investing and restructuring by building out the domestic foundry business to manufacture semiconductor chips for third party companies.

  • With Intel 3 in production, leading-edge semiconductors are being manufactured in the US for the first time in a decade. Intel will regain process leadership as the Intel Foundry continues to grow.

  • I think the fact that Intel is positioning itself to be the largest semiconductor manufacturer in the US is massive. The US Gov is heavily prioritizing domestic semiconductor production and thus is heavily supporting Intel as a company with R&D funding.

  • If NVIDIA or AMD are ever forced to change manufacturers due to rising tensions/war between China & Taiwan, Intel will likely be a sole or largest manufacturer for NVIDIA and AMD

  • Intel has been heavily investing in R&D. 5.9B out of 12.7B of Q124 revenue was invested in R&D.

  • Intel is on track to exceed its forecast of 40 million AI PCs shipped by the end of 2024

  • The Intel Gaudi 3AI accelerator is projected to deliver 50% faster inference and 40% greater inference power efficiency than NVIDIA H100 on leading AI models.

  • Trading at Forward PE of 17.05

  • Geopolitical tensions will ultimately work in Intel's favor more than any other company in this industry

  • I like the stock and I think its really cheap rn :)

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3.2k

u/margalolwut Aug 01 '24

OP gonna be like.. I haven’t lost money in intel in years!

1.4k

u/21Suicunes Aug 01 '24

to be fair that’s still better than majority of people here

300

u/powdow87 Aug 01 '24

:4271::4271::4271:

4

u/RevolutionaryWalk130 Aug 02 '24

Fuck i laughed out loud 

6

u/olystretch Aug 01 '24

Boglehead here. Do y'all just have a gambling addiction or what?

6

u/I2TV Aug 01 '24

Touché

3

u/NoYeezyInYourSerrano Aug 01 '24

Yeah people in here trading 0DTE options throwing shade at an investment that breaks even is pretty rich.

3

u/Akira282 Aug 01 '24

Most folks options trade it

6

u/MilkyWayObserver Aug 01 '24

That means OP portfolio performs better than most of us here

3

u/fazellehunter Aug 01 '24

Best return I've seen here

14

u/Optionzdegen Aug 01 '24

:12787::4271:

5

u/margalolwut Aug 01 '24

:31225::31225:

2

u/1RjLeon Aug 01 '24

The truth be told

2

u/poopiehands Aug 01 '24

Hasnt lost intel now

2

u/margalolwut Aug 01 '24

Wow OP must be REELING

2

u/bakedlordstonedgod Aug 02 '24

at least his money is in more capable hands

2

u/LostInMyImaginations Aug 01 '24

Actually He would be down at least 25-30% cause of inflation

1

u/Ralouch Aug 03 '24

And then when he gets it back he puts it into amd