Intel Corp (INTC)

[chipguy]

Now there is only one left really outspending: Samsung. I am really bullish about that company. They have all they need to compete with Intel/Micron for the final pole position in semiconductors. I suspect Intel not to have a lead anymore at 10nm.

I do not share your pessimism.

Before you write Intel off keep in mind that Samsung has to divide its
process R&D and capex three ways - DRAM, flash, and logic. Intel only
has to push logic. Micron pushes the other two and carries the risk and
the costs associated with them.

Also keep in mind who Samsung has as its dominant logic customer. Intel
makes delicious margins on most of its chips. Dealing with big fruitco, I
bet Samsung execs feel lucky just retaining their family jewels after every
negotiation.