Intel's $42 Floor: Why Smart Money Is Buying The 'Supply Shortage' Panic
Intel Corp (NASDAQ:INTC) just sparked panic—and then flashed a rare insider buy signal. INTC is down roughly 12% over the past week after management flagged weak guidance and warned of a supply shortage. In chip land, supply uncertainty kills the narrative fast. Investors hate uncertainty in fabs, inventory, and production timelines.But as Wall Street was selling, Intel's CFO David Zinsner was buying.Zinsner purchased 5,882 INTC stock for about $250,000 at an average price near $42, marking Intel's first in ...