Does INTC deserve a 15% drop ?

Bought in @51
+ A bull call spread Jan '22 @52.5/90 $4.89

Thesis: Fundamentals.
Impressive growth rates, ROI with solid financial health and valuation.
short term panic for delaying next-gen chip for 6 months. Doesn't deserve a 15% drop imo.

TA,
March level=45 strong support
Short term panic
People selling to buy more TSLA ;)

Medium-term hold