source avatarAlain Trades

Share

Might start bidding some $INTC here soon. Still a lot of interesting developments around the company, both from a government backing perspective and its growing number of strategic partnerships. The US government committed $8.9B to Intel, highlighting just how strategically important domestic semiconductor manufacturing has become. Looking at the weekly chart, we’ve seen a massive pump after the government contracts were announced followed by a sharp correction. I’m interested in seeing whether price can establish a base around these levels. Not expecting an immediate recovery, but I do think Intel is worth keeping on the radar here.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.