Just looking around at one of my other holdings: Nvda is getting a handful of design wins on Tegra2, a $25 dollar phone SOC, and the market runs it up to 25X next year's earnings. Intel has over 500 design wins for $250 Sandys, and the stock is selling for less than ten times *this* year's earnings, net of cash. Sometimes the discrepancies and herd mentality amaze me.
Exactly my thoughts. Also, market forgets how wrong some of these negative analysts have been about this year's earnings for Intel. And now they are buying what their saying about next year and beyond.
Obviously, the "Market" (whoever or whatever that may be--incl. MM manipulators, hedge funds attacking just because they can, analysts, etc.) will always CONTROL the stock price, as can be seen for INTC for over ten years. For a company that just prints cash, it is forever bashed and the result is a static (at best) or crashing stock price more frequrently, regardless of what positive news(or pumping) is done.
There really needs to be a full SEC investigation into the endless manipulation of this stock. What a loser!!
Nvda announced they will try to develop CPUs to compete with Intel and AMD. Unfortunately, this sounds like a desperation play on the GPU market drying up in the next two years because CPUs will be crowding them out. Hey, Intel is developing chips for tablets and phones and they will likely be here long before Nvda's CPU! The herd rules.
As soon as the hype dies down, I'll be shorting Nvidia. LOL trying to compete against Intel/AMD in CPUs on a Windows platform for ARM. My prediction - this will be a waste of resources for Nvidia & Windows for ARM will never get here (or will be an embarrassment) & few if any OEMs will offer it. In the meantime, Intel especially will be gobbling more of the graphics/CPU space for the next 3 years.