Intel's unique status as the sole US-based chip foundry creates a structural advantage, supporting its recent breakout and leadership among semiconductor peers.

So um if we could advance to the next uh chart in our grid here, we would be able to see that AMD second place here out of some of these more specialized names here uh behind Intel which was for quite a while a lagard in the group here.

But also moving along in tandem with AMD today on this same thing. Intel and ARM. So, let's talk about Intel first. And we got a nice price target increase uh for Intel over at Tigers Financial late last week. Seeing some bullish optimism there.

Right. Intel uh I often say kind of the Nvidia of the 1990s. I feel like uh uh we can see that uh if you were around again once again if you were a computer gaming person here.

Intel inside was like the the tagline of everything. It was uh ubiquitous in any kind of computer. I think they had like 90% of the market cap at one point back during that time period.

Then quite a fall from grace. Corporate bloat kind of losing their edge in many ways here. But now a turnaround and also the unique advantage that they are the only domestic chip manufacturer that has a foundry on US soil.

So that puts them in this very unusual position of strength here.

Many of these uh chips if we could go to our next chart here. Um many of these chips uh that we talk about Nvidia, AMD, Marll, etc. They're fabulous chip makers, meaning they don't have their own fabrication facilities here.

So, uh, they often outsource these chips to a company like Taiwan Semiconductor to actually make them. They just make the designs here. Something that a finer point that maybe is not completely apparent right away.

Um, so again, Intel a very interesting position here, the head of the pack here after a lengthy period of being a lagard.

If we could go to our next chart, then what we would have here uh would be a situation where again we're having an upside breakout from an upward trajectory kind of pattern here.

In this case, we just had our trend line going across these lows. I put it across our highs just to kind of uh project where you might find a channel boundary here. That did not really play out as a source of resistance.

Rather, it became a source of support this morning. That's around where we opened up here. We have filled the gap near about 122.

We also could be uh looking at these old highs near 142 as well if this move up does continue to gain strength. So, uh often times these gaps can be filled. So, if we were to have a bit of a a fall backwards down to earth somewhat here, our gap opened up at 110, our first green line here.

We also had a notable low point near 904, our second green line.

To advance our to our next chart here and think about the moving averages that we follow. Uh what we would see next would be our 5-day EMA, dark blue, 11071 here at the time, uh, you know, of currently right now.

These change very quickly here, especially our faster moving one.

Um, so we have a confluence as well. Our 21-day and 63-day exponential moving averages between about 99 to 101 here lining up with our trend line boundary. So these things will shift in time here.

But as of right now, that's an interesting point to consider here because it represents significant support.

We also see improvement of our trend because our faster moving average is crossing above our slower moving average here. Is this a great trading signal? history probably tells us it's not really uh the best uh activation opening signal for a trade here, but it's an easy visual sign of showing trend improvement here in this name.

Now, once again, RSI is pushing into the overbought area here. We are also making new relative highs above our previous peak. Our green trend line is also in play. So, a a pretty interesting setup once again for another similar type of a chipmaker name here.

So, uh, if we could go now to our next chart here and think about volume profile, what we would have here is not quite as helpful as as some other charts can be. Volume profile is most useful when you see these very large spikes in the trading activity that represent heavy volume areas.

The uh conventional volume along the lower edge tells us when the trading happened. Volume profile shows us where it happened here.

So we have kind of this big block of activity. 85 to 120 uh mainly 100 probably is the biggest spike in general but uh we don't really have the luxury of those extremely clear prominent nodes here.

We are starting to break into more thinly traded area at these uh high points here. So you could see faster moving prices when this starts to happen without a lot of uh uh notable uh boundaries or or guidelines that you might see based on prior price action.

All right. Intel right now moving higher of course on the session along with these other names up about almost 14% uh and year-to- date up 300 uh up a little bit under 300% 230% more than 300 if we look over the last 52 weeks.

Now this last name moving along in tandem as well ARM holding similar chart to Intel in that they saw this huge uptick early in the year second half back half of the summer we saw both of them pull back but a bit more extreme when we look at ARM charts.

Yeah, pretty significant move to the upside for ARM today as well. Up more than 14%, just a little bit less than that for Intel up 13.5%.