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REDDIT

Why Intel is heading to $120

S
Apr 25, 2026 · 19:05

Currently holding 10,000 shares (my post is still up on wsb)

I also was spamming the daily thread saying intel was going to gap up 20% on earnings

Now I am here to tell you Intel is going to hit 120, then semis are going to sell off

**Michael Burry added Puts on iShares Semiconductor ETF**

This guy is always early - the euphoric rally has only just been ignited don't be fooled by the bears

Intel will hit 120 in the next 10 trading sessions. Trim at 110. Once it passes 110 it's going parabolic and will fall fast

Godspeed regards

Obviously other semis will moon too, but intel has just broke out of a 26 year chart, 1.618 fib level is 111.75