To clarify my stance. I am not bearish on Intel, nor have I fully sold out. I have simply reduced my position and sold some call options.

I believe Intel will eventually turn around, and I am aware that it might experience a wild rebound similar to the storage sector. Where's the problem? Price.

At the $50 level, the reality is: from a one-year perspective, Intel's value for money is not as good as Nvidia; from a three-month short-term view, it’s not as good as Microsoft. This is not bearishness, just data.

Something that is likely to skyrocket does not in itself justify chasing in. What truly matters is the symmetry of risk and reward. The current issue is precisely—the asymmetry between the downside risk and the upside potential, and that is the basis for decision-making.