$INTC Small word of caution on Intel / Trump meeting today. I would be surprised if anything resulted quickly from today's meeting. For one, Intel's board moves incredibly slow. Secondly, if Intel does spin out foundry (or something similar without the structure of a full spin out) there are a lot of other large players who will need to get involved and make commitments (this will take time). Knowing Trump, and this is pure intuitive guess work, there is a decent chance after today's meeting we see more negative commentary come from him bashing both Intel and Lip-Bu. Then in the weeks or short months ahead the headline will drop of either a deal, or a return visit of LB to the White House where the framework / announcement is made. tldr: still potential downside volatility with an upside move in the end. I don't think it's going to be an instant white house upside move like we saw with Apple last week.
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