Herman Jin maintains a bullish long-term outlook on Intel (INTC), predicting it will become a competitor to TSMC with a potential market capitalization exceeding $1 trillion. The analysis suggests INTC should be valued based on Price-to-Book (PB) rather than Price-to-Earnings (PE), though risks include potential manufacturing yield and product delivery issues. Regarding the storage sector, the post argues that DDR and HBM remain cyclical commodities that should be valued by Price-to-Sales (PS), noting that current 80% margins are likely unsustainable.