Intel: The Little AI Engine That Couldn't

harmpeti On our last coverage of Intel Corporation (NASDAQ:INTC) we got booed by the fan club. While they saw the potential of the foundry business, we saw problems galore in the current financials. We explained why the company was likely to do poorly and felt there was asymmetrical downside bias. Currently, considering INTC is disappointing like no other time before, we see the potential for a trough under 2.0X sales. One thing that investors need to consider is that there is some severe downside risk  ...