It's actually not priced in. Price is almost as low as it was before Pat came on as CEO. Subsidies from the US ($50B for the industry) and EU ($20B likely, not confirmed yet) were announced months later.
Intel's selling at something like 12x earnings. The fab business is another devision in the company, not an alternative to selling chips.
With their yearly cadence, if they deliver, they will take back the share they've lost and then some.
Their designs are still superior to AMD, they have just been slower to finish them and roll them out. With improved execution and vertical integration, they should be beating competitors on performance, efficiency and price.
If they stick to their new product road map, they should be taking back market share from AMD in full by 2023.
Intel's selling at something like 12x earnings. The fab business is another devision in the company, not an alternative to selling chips.
With their yearly cadence, if they deliver, they will take back the share they've lost and then some.
Their designs are still superior to AMD, they have just been slower to finish them and roll them out. With improved execution and vertical integration, they should be beating competitors on performance, efficiency and price.
If they stick to their new product road map, they should be taking back market share from AMD in full by 2023.