Intel's decision to boost the dividend is, in part, a sign, I believe, that it doesn't understand the market's reaction to the strength in the chip market and, in part, a statement that the AMD nonsense is now behind it. Very bullish. It also means it has plenty of money for capital equipment spending -- I hesitate to think how much they had reserved for AMD, which is why I think that while AMD had a nice pop, Intel should have had one, too. The stock, I believe, is now poised to go above where it was when it reported its great quarter.....
long INTC
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