My view hasn’t changed from my comments above. INTC went up with tech and the overall market and it will likely go down with tech stocks and the overall market. It was overly loved and that will likely correct itself.
It’s cheap fundamentally but I think it potentially has more downside because of the above comments and because it’s losing Apple as a huge client as they move to their own chips.
I think its got a while before it ends its a-b-c downtrend and that it will likely end up well below its 200-week moving average before it’s a buy.