$(INTC)$ with so much priced in right now, there are very high expectations for $(AMD)$ and $(NVDA)$ success as well as Intel’s total demise. AMD could sustain current growth rates and and market share capture over the next 5 years, and they still wouldn’t come close to what Intel earns annually. The current demand environment and geopolitical climate vastly improve the likely ROIC out of Intel’s continued vertical approach and IFS offering. The market is growing enormously, room for everyone. Can’t dismiss this behemoth just yet. Personally, I’ve been an$AMD bull for a long time and NVDA is in a league of its own, but there is plenty for all, and while there has been some necessary reshuffling (Intel has had it coming) the chip sector is out of balance.