$INTC Intel bullish case 🐂 for FY25 and FY26. The potential for growth in Intel’s stock, catalyzed by the foundry network enhancement / investment in manufacturing capacity, presents an undervalued opportunity for substantial market capitalization expansion. This growth potential, estimated to increase Intel’s market capitalization by at least 30%, is further bolstered by the regulatory policy changes anticipated by the Trump administration next year. Year-over-year earnings growth anticipated to surpass 200% due to the company’s substantial production plans, the conclusion of its high-investment phase, and the implementation of in-house manufacturing strategies that will lead to cost reductions. (source: Forbes)

Advanced packaging demand is growing so fast that Intel doesn't need to beat TSMC to win. Sometimes the biggest winners come from market growth, not market share gains. $INTC

Yes

Right after after hours close…

MOC IMBALANCE S&P 500: +1926 MLN NASDAQ 100: +1155 MLN DOW 30: +591 MLN MAG 7: +794 MLN

From FIVR to PowerVia, Intel Foundry has continued to advance power delivery for increasingly demanding compute. Explore our new white paper on the evolution of power delivery and what’s ahead. ms.spr.ly/6012a9ql6 #IntelFoundry

*IRAN-US TALKS ENTER TECHNICAL STAGE - AL-JAZEERA JOURNALIST REPORTS CITED BY CBS. is it happening? the construct for the concept of the MOU of the deal?

$INTC Intel CEO Lip-Bu Tan on the company's Quantum Computing efforts: "Good news, right now Intel Capital [Intel's Venture Capital Arm] is also under my watch, so Intel Capital also invests into some of these quantum computing startups" "And by the way, I just asked my CTO [of Intel], Pushkar [Ranade], quantum computing we have like 70 people working on this, the spin quantum, and we also have a fab, we're also working on some of this testing of whether it works."

$TSLA - TESLA’S OPTIMUS HITS SNAGS IN HANDS, SUPPLIERS AS SCALE-UP BEGINS, per The Information TESLA HAS RAMPED UP PRODUCTION OF ITS OPTIMUS HUMANOID ROBOT ROUGHLY TENFOLD IN RECENT MONTHS. TESLA ROBOT’S INTRICATE HANDS POSE MAJOR MANUFACTURING AND DURABILITY CHALLENGES. TESLA MANAGERS TOLD STAFFERS CO WANTS TO SET UP PRODUCTION LINE CAPABLE OF PRODUCING OVER A THOUSAND ROBOTS A WEEK BY YEAR END.

JPMorgan raised $AKAM Akamai target price to $167 from $158 after the company announced an $11.6 billion multi-year agreement with Anthropic to support its growing CPU workload demands. C P U. $INTC $AMD

$AKAM Akamai signed an $11.6 billion cloud services deal with Anthropic on Thursday, and issued a warrant that could give the AI lab up to 5% stake in the cloud company, sending its shares surging. The agreement secures a long-term commitment from one of the fastest-growing AI companies, and adds to more than $2.8 billion in multi-year cloud infrastructure deals Akamai announced across its customer base this year. Under the seven-year contract, the warrant would give Anthropic the right to purchase Series B shares at $111.33 each that converts into about 7.7 million shares of Akamai's common stock. A portion of the warrant representing about 2% of Akamai's common stock outstanding is tied to Anthropic's $11.6 billion commitment, while the remaining 3% would vest if the companies expand the agreement by up to another $9 billion. (Reuters)

Barclays has been flagging the same setup since at least spring of this year: Rising yields compressing the equity risk premium, 5% on the 10-year as a danger zone, AI/tech looking stretched, oil and tightening as extra risk - and then they stay overweight equities anyway. We are in a different market and different economy now. June: AI trade in a “warning zone,” 5% yields as the clearer pain level. July: earnings now have to do the heavy lifting as yields grind higher. Mid-September: 5% is an “inflection point.” Yesterday: “three reasons to stick with stocks despite rising yields”, but still not derisking. Today: “breaking point” / extra return over bonds near multi-decade lows… but still overweight, just expect vol into Q3 earnings. They get credit if stocks finally crack on yields, and they stay on the right side of the AI / earnings tape if they don’t. The low ERP point itself isn’t new either. People have been saying stocks aren’t being paid much extra versus bonds for a couple of years. Markets have mostly ignored it because earnings and AI capex kept carrying valuations. Same note, slightly hotter adjectives, same positioning. Citi dropped the other half of the pair trade on the same feed which was buy the next dip, still overweight. Classic two-handed research.

$MU Micron with some Upgrades / Price Target Updates this morning, ahead of Earnings on Wednesday, 9/30, AMC BMO Capital is maintaining its Buy rating on Micron Technology $MU, Price Target $1,300. Implied upside: +20.31% Analyst: Harsh Kumar, BMO Capital BMO Capital initiated coverage on Micron in late August with an Outperform/Buy rating and the same $1,300 target. The firm highlighted Micron’s leverage to AI infrastructure, expected sustained demand for high-bandwidth memory (HBM) as data-center operators expand capacity, tight industry supply that should support higher DRAM and NAND pricing, and long-term customer agreements that add visibility. Memory content has become increasingly important in AI systems. The rally has been driven by the AI memory supercycle. Micron’s HBM capacity for 2026 was reported as sold out, and the company has been gaining share in the high-end memory used in AI accelerators. Wall Street is broadly bullish: - Consensus rating is Strong Buy / Buy. - Average 12-month price targets cluster around $1,295 - $1,515 depending on the source. Rosenblatt maintained Buy with a $1,500 target. Wells Fargo recently kept Overweight but trimmed its target from $1,525 to $1,400, citing continued near-term upside and favorable supply-demand through 2027. High-end targets from other firms have gone as high as $2,000. Micron reports fiscal Q4 2026 earnings after the close on Wednesday, September 30th, 2026, with a conference call scheduled that afternoon. This will be closely watched for HBM commentary, pricing, and guidance.

I like this a lot Contrary to populous, Copilot is a great tool - And yes, you can use any model of your liking in Cowork - $MSFT the SaaS king

$INTC CEO Lip-Bu Tan’s key statements & comprehensive breakdown from Q&A with Ed Nelson at AI Infra Summit 2026. 1. On culture / the Cadence playbook: - "I like bad news. Tell me all the bad news." - "If you screw up, they take full responsibility. The one I really don’t like is starting to point fingers at others." - "Delight the customer. Go the extra mile… listen very carefully… then really make the changes." 2. On the Intel rebuild: - "When I took over it was over 100,000 people and I had to bring it down to 78,000… instead of 10–12 layers you bring it down to four to five." - "Manufacturing is critical for Intel on the foundry and the most advanced packaging." 3. On AI “slowdown” calls: - "AI is much bigger than the internet’s impact. Some correction is kind of natural and I don’t overreact to it." - "We live in Silicon Valley. It’s a bubble… different parts of the country [have] a very strong anti-AI sentiment. Leaders need a more positive narrative." - "At Intel I completely embraced AI… Gemini, Anthropic, Perplexity… design and chip manufacturing." 4. On Habana / Gaudi: - "When Habana Labs was sold to Intel, Intel didn’t keep the team. The founders left and started Element Labs… It’s a mistake. You have to empower the founders." Contrast he drew was Amazon kept the Annapurna team. 5. On CPU demand: - "The CPU right now is in high demand. In reinforcement learning, agentic AI… control plane, orchestration… [CPU] is actually very useful." - "They can only provide some percentage of customer [demand]. Many of my CEO friends call me up: I need more." 6. On Nvidia / Coopetition: - "You can’t do everything. You cannot own everything. Pick the area you’re really good at and double down… partner [where others] have much stronger areas of excellence." - "U.S. government… Masa… Jensen… we find a way we can work together." - "CUDA is fantastic software… Your CPU, my GPU… engineering-to-engineering collaboration." - "That’s called coopetition. Some areas we collaborate, some areas they compete… we can create a bigger market so we’re both going to win." 7. On the raise, 18A, 14A, packaging: - "Last year I’m not ready to go to the public market… This year I’m going to own the number. Underpromise and overdeliver." - "Capex is huge for foundry and advanced packaging." - "Our 18A is in volume production now." - "14A… 0.9 PDK will be done in October and 1.0 PDK in Q1 of next year. The key thing is performance, yield, defect density, variations, and cycle time." - "Advanced packaging… 14× the radical integration and only two layers, not three layers like CoWoS. We will have a chance to take the leadership." - "The substrate is very tight. Only four key players, two in Japan, two in Taiwan." - "Next-gen AI needs that big packaging: CPU in the middle, HBM outside, then high-speed I/O." - "$23 billion raise. We’re oversubscribed by 5.6 times." - "Intel is an iconic company… important for the industry and very important for the United States. We’re going to build that new Intel." 8. On what founders should solve: - "Memory prices have gone up a lot — five, six times, seven times… you cannot have 70–80% of your cost come from memory." - "Power is very important… also how to drive the architecture to make it lower power." - "Optical becomes very important." - "Cooling is a big problem… liquid cooling, microfluidic cooling." - "The future is going to be the whole system approach. Give Jensen credit. My friend Lisa Su has done that. Stay tuned. More announcements coming." My takeaways: This quote intrigued me: "At Intel I completely embraced AI… Gemini, Anthropic, Perplexity… design and chip manufacturing." Memory is the quote that matters from this tape. He says he called it early, it happened, and 2027 gets worse, 5–7x prices, projects slipping, low-end BOM blown out. 18A in volume now; 14A PDK 0.9 in October, 1.0 in Q1. Scoreboard is yield, defects, variation, cycle time. Packaging and substrates is the second bottleneck he is openly underwriting with the raise. Two-layer vs CoWoS, Hynix hire back to Intel, 2+2 substrate oligopoly. Capital story is sequenced with private partners first (USG / Jensen / Masa) because he wasn’t ready for the public market; this year own the number, ~$23B, 5.6x oversubscribed. CPU tightness mentioned here too, but he said “some percentage” and CEOs calling, which isn't the explicit “we can only supply 50% of customers” line from the Jeetu/Splunk interview. Software/systems closer: rack-scale, low GPU utilization, virtualization layer, “strong software leader coming,” explicit credit to Jensen and Lisa Su for already selling the rack.

Wow

Everyone’s trying to get famous making the same statements over and over again

If you need AI to be more than just a chatbot, you need a lot of CPUs and memory to get real work done $INTC $SKHY

TSMC's C.C. Wei told Lip-Bu Tan that he wishes Intel is successful in foundry to serve customers because TSMC doesn't have enough capacity to serve demand. Via @ABitPersonalPod $INTC $TSM