$INTC

Does he own it?

Directly disclosed ownership: in January he called Intel one of his biggest positions, and his February portfolio breakdown listed it explicitly at 5% (semi bucket). He repeatedly treats it as a held long, claims large personal gains on it, and discusses holding through drawdowns and trading earnings.

His thesis

Frames Intel as an asymmetric bet on US government policy and national security: Washington will not let its domestic foundry champion fail, and hyperscalers from Nvidia to Apple will be pressured to use it as the de-facto US semi arm. Sees a large multi-year re-rating toward TSMC as Made-in-America foundry, CPU shortages, and subsidies play out. Treats short-term drops (earnings, tariff scares) as buying or holding opportunities since the policy thesis is intact.

How his view evolved

Opened as a high-conviction, oversized policy long in January; trimmed to a 5% core holding by February as he rotated toward memory and photonics. Stayed bullish throughout, repeatedly citing it among his big winners after a sharp rally.

Key points

• Thesis is a bet on US policy/national security, not fundamentals: government won't let Intel fail
• Explicit 5% portfolio weight; earlier called it one of his biggest positions
• Held through volatility and earnings, later cited as a 90%+ personal winner

Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $INTC on X ↗