I took the plunge and bet on the "Adidas" effect!
Intel is one of the most exciting comeback stories in US technology stocks.
I'm long and believe that Lip-Bu Tan can put Intel back on a growth path, which opens up tremendous potential for the stock price.
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I have opened a position in the Intel stock (i). A significant turnaround opportunity is now emerging under the new CEO Lip-Bu Tan. He once brought the chip designer Cadence Design Systems from a growth trajectory of 1 billion USD to 3 billion USD with significantly increasing margins. The 65-year-old apparently believes he can initiate a turnaround at Intel as well. The aim is to significantly expand the foundry business and attract renowned chip companies like NVIDIA as clients. High utilization is crucial for increasing profits in this segment....
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