Intc is down over 10% today on news that should have been fairly expected. They have been cleaning up a mess for the past couple years and it takes a lot of time to right the ship. They made a good move massively cutting their dividend and will benefit from the CHIPs act and likely future government investments to come. But all of this takes time. So the current earnings reports are still suffering, and all tailwinds and future benefits. In my opinion this creates a strong buying opportunity.
