Intel's Situation: Rise and Future Expectations

Intel Corp (NASDAQ:INTC) is one of the most talked-about stocks today, attracting the attention of investors. Melius Research technology research chief Ben Reitzes expressed his admiration for Intel's leadership during a program on CNBC, while maintaining a cautious approach toward the stock.

Reitzes stated, “We have great admiration for Lip-Bu Tan. We know him from before, and he is someone who is beloved and desired to work with by people. He should be given a chance.” He also mentioned that there are speculations about Tan potentially collaborating with AMD, possibly due to his close relationship with Lisa Su. Reitzes noted that they have been closely monitoring Intel's recent rise and cautioned that there could be a slowdown in the future, with no strong numbers expected in the short term. Nevertheless, he emphasized that the support from the Trump administration was an important step for Intel.

In addition to Intel, Reitzes highlighted other stocks he recommends to investors, including Nvidia, Broadcom, and AMD, while pointing out that Intel's artificial intelligence strategy is not as visible as that of the other suggested companies.

In conclusion, while Intel investment has potential, he believes that some artificial intelligence stocks have a higher return potential and a limited downside risk. If you are looking for a very cheap artificial intelligence stock that will greatly benefit from Trump tariffs and reshoring processes, we recommend reviewing our free report on the best short-term artificial intelligence stock.