No one will ever trust intel until it delivers. They tend to overestimate their capability andends up postponing. This has happened multiple times. In contrast, tsmc delivers on time as they promised. There are reasons why some are trading at double digit PE. Like Buffet said it's better to invest in good companyat fair price than average company at good price.
US STOCKS-Wall Street Extends Selloff on Ukraine Worries
* U.S. and allies keep tougher measures against Russia in reserve* Lowe's rises after upbeat outlook* Indexes: Dow down 1.4%, S&P 500 down 1.8%, Nasdaq down 2.6%NEW YORK, Feb 23 (Reuters) - Wall Stree