Intel's huge Apple chip deal is a game-changer — ride the comeback wave on INTC
Thesis
Intel has been struggling to keep up with competitors, but landing a domestic manufacturing deal with Apple is a massive win. This partnership not only guarantees new revenue but also proves Intel's manufacturing capabilities are being trusted by the biggest tech companies. We are also seeing a broader shift where investors are pulling money out of the giant tech stocks and pouring it into the hardware and semiconductor companies that enable the next wave of AI. With this new deal giving Intel a fresh story and a solid catalyst, the stock likely has room to run as investors adjust their expectations.
Strategy approach
Build a momentum strategy that enters long on INTC on the 1-hour timeframe when the price closes above the 20-day high with volume > 150% of its 20-day average. Exit on a 5% trailing stop or a maximum 10-day hold.