Seeking Alpha
02 Nov 2026, 11:48 UTC · 2h ago
The Bear Market Is Ending, Not Beginning
Impact · against what's priced in
The article's bullish outlook provides no catalyst for GOOGL, AMZN, or INTC as its primary arguments—robust earnings, AI spending, and valuation resets—are already reflected in the current prices or are the very growth trajectories the market is currently refusing to pay for.
- INTC+0.10
Challenges what's priced in
- The price assumes
A successful pivot to CPU-based agentic AI workloads
While the market currently refuses to pay for Intel's AI pivot, the author's claim of 'accelerating AI spending' provides a macro tailwind that could support the bull case the price currently declines.
What INTC's price assumes · Sep 10
