was a good day overall with lows being convincingly taken out. Being a MU and INTC long i see how on Monday MU got bashed to 11.44 and traded quite a bit there before a bounce. I believe INTC will be 27-28 by end of July and on the long term it should double from here, provided they capture about 80% of mobile market. Its still a long way but having followed how AMD was catergorically taken out of market, that will soon be the case with ARM as well.
With regards to Analysts, the buffoons at Goldman downgraded TSLA on the day after earnings, purely because they were short and never expected that type of a rally. Considering MU (a close partner of INTC) is up primarily due to acquiring Elpida, I believe INTC (having provided moral and possible monetary support to MU) should also hugely benefit. There is a lot of rumor mill going around that INTC should also get Apple's business before year end for the tablets, and that would indeed mean they will control 80% of the mobile market by next year this time. This is a huge turnaround.