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Too Tall : watchlist
TWIMO (151403908) : On a bigger picture, lower guidance seems to be the trend except for Broadcom. This does not augur well for the market isn’t it?
10baggerbamm OP TWIMO (151403908) : you're right it doesn't bode well I mean broadcom was down today because of the rumor they're going to be buying potentially half of Intel along with Taiwan semiconductor and you still have Qualcomm that could come back into this equation because they want a foundry business and they're a cash rich company they can very easily buy them but here's the problem
Trump came out about 3 hours ago there was a statement from the White House I heard it when I was walking out the door you all need to listen to it it's really really important especially if you own Intel
it said something to the extent that they're going to uphold the Biden stance and policy on corporate acquisitions so under Biden they were really really tough on corporations being sold to other corporations they used antitrust monopolistic practices all of these words to prevent acquisitions from happening.
and then Trump threw his cabinet released a statement that everything that Biden put in place they're going to uphold regarding corporate acquisitions
it's really important if you want Intel that you listen and you read exactly what was said by President Trump cabinet today because it could kibosh any acquisition of Intel it could prevent it from happening just like Nvidia wanted to buy arm holdings and that was prohibited the same thing could happen..
so I kind of got off topic but it's bad news for the broader Market to answer your question to have big companies like applied materials guide lower because of limitations on who they can sell to the dollar also is very very strong it's going to cause earnings to miss in many companies in the first quarter as well.. president Trump is going to any day further restrict chip sales he already said that last week it's coming.
$Intel (INTC.US)$
TWIMO (151403908) : Let’s just be weary with the markets. On Trump, I know how to motivate him to change his tune. He’ll be very positive the moment a middleman company is appointed to negotiate the deal