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I think Intel is a buy because they’re going to be too important to fail for US in the chip war. Anyone else buying?

It's hard to guess at a reasonable valuation for a company kept on life support in the national interest. Could be lower than current price?

It’s a good question. Intel P/E is around 17 while Nvidia is around 82. With government support or infusion I have a hard time seeing it go lower.

When they get on the verge of bankruptcy then i'll buy. They're too "big/important to fail" and will be bailed out by US taxpayers as usual.