Intel shares are trading lower after peer AMD reported better-than-expected Q3 EPS and sales results and issued Q4 sales guidance above estimates. AMD also announced it will acquire Xilinx. The acquisition could hurt Intel in the data center chip market.
My INTC trade is/was a very high risk trade as I stated when I posted it.
I do intend to hold it a bit longer to see if it turns around.
GM
I'm glad I sat out on INTC, It kept falling and falling and I was waiting for some upward movement before I bought any Calls, and looks like a little bounce today but I think they are hurting very bad after years of being the leader of the chip manufacturers, and I don't know what happened because every computer I have has INTEL INSIDE?
Still in. I’ve got till Nov 20. Unload?