Intel (NASDAQ:INTC) intends to invest at least $20 billion into a new chip-making capacity in Ohio.
Intel is looking to double down on manufacturing chips, including for other companies, and has made investment pledges of around $100 billion over the last year or so, considering the surge in demand for chips through the pandemic and the ongoing semiconductor shortage.
We estimate Intel’s Valuation to be around $56 per share which is about 8% ahead of the current market price. This represents a P/EBITDA multiple of 6.4x for the company based on our forecast for Intel EBITDA for the current fiscal year.
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
|S&P 500 Return||-6%||-6%||100%|
|Trefis MS Portfolio Return||-11%||-11%||249%|
 Month-to-date and year-to-date as of 1/23/2022
 Cumulative total returns since the end of 2016