INTC held Steady During Yesterday’s Pummeling

Reiterate BUY on INTC: Intel has the #1 share in NAND based Solid State Drives being sold into the enterprise, where their processors enjoy a 95% market share.  There is a broad movement of ISPs to move from RAID5 to NAND SSDs.  They also have a strong position in IOT and smart cars. Dividend yield of 2.91%.

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