Buy Intel: Play the AI CPU Bottleneck, Treat Foundry as the Optional Upside
Intel is a buy here on the view that the market is underestimating a near-term surge in demand for x86 AI CPUs as enterprises and cloud providers add capacity to reduce AI inference and training bottlenecks. The company's foundry ambitions are a significant call option—valuable if execution continues—but they should be treated separately from the c…