Intel

Thesis

AMD versus Intel

Reports

• Intel Business Overview
• Intel vs NVIDIA Peer Duel
• INTC vs AMD Peer Duel

Reference

• Hold 26'08
  • Execution risk not priced in (14A in 2028-29, Foundry catching up with TSMC).
  • Server CPU: Competition from AMD & ARM ecosystem.
• Intel Should Raise Equity 26'06
• Price rally on the TeraFab news. 26'04