00:00 I mean, for Intel, I mean, the other chip stocks, you expect them to move this much.
00:04 So EPS came in at, non-GAAP EPS came in at 13 cents versus the 33 cent estimate, 12 billion
00:13 versus a 14 billion dollar estimate.
00:18 And this comes, I mean, we talk about this all the time.
00:21 It's almost less about the numbers and more about the expectations going into it.
00:25 And because you had seen every other chip company out there, whether you're talking
00:29 about Nvidia, AMD, SMCI, IBM, just absolutely blow it out of the water.
00:35 The bar was raised higher for Intel.
00:37 So for them to come in with not a great quarter, you're really seeing them get shellacked and
00:41 punished for it in today's trading.
00:43 Yeah, huge move here.
00:46 We did get into the 43 handle.
00:49 43.10 is your pre-market low.
00:52 We're a buck 60 off that level right now at 44.71.
00:56 I think things may be thickening up a little bit on the downside area because if you had
01:01 the 50, the 49, 48, 47, 46, 45 puts here, you're looking at a pretty nice windfall on
01:08 that.
01:09 I've owned this thing for a while and the boy, oh boy, 50 was a great number.
01:16 Looking back on the dailies, that also coincided with the monthlies.
01:20 Obviously that's not going to come in to play today.
01:24 The bottom of yesterday's range is way up at 48.97.
01:27 So just not a quick recovery.
01:30 Some like yesterday, Dennis, we talked about the Tesla.
01:33 You're like, well, maybe this is a buy the dip opportunity, but let it breathe and holy
01:40 mackerel that's what happened at Intel.
01:43 What is this doing to the other chip stocks here?
01:46 Because you had talked about rotation within the sector, Nvidia, what?
01:51 Oh, Nvidia down 383.
01:53 Whoopie, right Dennis?
01:55 Yeah.
01:56 And I hope your volume's working because maybe it's on my end.
01:59 You guys are fading in and out on the volume.
02:01 Both of you here, chat if that's happening for you guys, let us know and they can try
02:04 to fix it.
02:05 It might just be on my end because nobody's complaining about it in the chat.
02:09 I mean, you see what's happening in the chips.
02:12 They are all down here.
02:14 And it's not only just Intel.
02:16 We got KLA, KLAC is down 33 bucks here too on their earnings report.
02:21 Maybe you could quickly give us the numbers for this one too, because we've got the double
02:24 whammy in the chips.
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