2 I said I would not comment on tech, but this is so ridonculous I must say just one thing:
“We need more stuff.”
There is going to be a full on shortage of chips by year-end and into 2012, and INTC is going to be the winner.
Just sayin’, not suggesting it should be bought right now, just pointing it out. Go read the LRCX transcript and see what Mr. Sunshine has to say. Read between the lines.
It gave me a shiver, along with all the other things that companies are not investing in but where demand is increasing.
2 Responses to “Embrace Inflation”
thewife
WOA DUDE!! Did you just go bullish chips??? Weren’t you the negative nellie….no no, listen, I listened. The only resilient sector in the market. What say you?
Analyst Bomber
Nope. This is a 2H issue that INTC with its “overspending” will be able to capitalize on. Tech continues lower through CSCO earnings.