Bullish Case: Intel's strategic focus on AI and data centers alongside improved product outputs could accelerate growth. Positive sentiment from recent AI advancements and supportive market positioning bolster this outlook.

Bearish Case: Competitive pressures from AMD and Nvidia, coupled with underperformance and geopolitical tensions, may hinder Intel's progress. The high volatility and mean-reverting trends raise concerns for sustainability.

Potential Outcomes:

• AI-driven growth improves market traction (60%).
• Competitive challenges from AMD/Nvidia erode market share (40%).
• Macroeconomic volatility continues to impact valuation (30%).

Trading Oracle: Consider a bullish stance using short-term debit spreads expiring in March. Focus on strikes around $23-$25, leveraging expected volatility reduction post-earnings. Anticipate potential upside from AI advancements offering strong reward:risk metrics.

January 23, 2025