We're in for a slog...

I'm pretty confident all of the news related bull cases are dead in the near term. It doesn't appear that the trump admin or any major players are interested in helping Intel at this point. Maybe you can still bank on a bailout in the event that the company goes under, but likely that shareholders would be wiped out in that scenario.

This is all in 18A and LBT's hands now, and its gonna be a slow burn. I think we're going straight back to $20, lower if market moves down. Tariff news will probably push stock lower as well IMO.

There is some hope for a bounce on 4/29 due to foundry day. Other than that, I think the stock is going to be sideways/following market for about a year. No momentum until 18A pans out or LBT makes meaningful changes.