We could not be bullish about this, even when it was in its ascending triangle and I think the market feels the same about $INTC.....for now, their chips are just not at the same standard.....especially when we can see that $AAPL was able to produce the M1 and M2 chip fairly quickly and replaced the $INTC chip, the $AAPL M2 chip is far superior and until $INTC can catch up with the other chip makers, in terms of quality, it will continue to look weak.
Have they got the resources and are pro actively working on improving their chips? of course they are and will no doubt continue to be a big player in the market.