There really has not been a long-term drop in the stock so that would have been (and still would be) very risky. You were smart not doing it.

Yes, shorting a stock is not a long term investment tactic, and it is risky. "Smart" is, in my opinion, too subjective a term to use in this particular situation. I was too risk averse at the time to take action, and part of my risk aversion was based on my lack of trust in the foresight of HN articles.

I think there's still a lot of uncertainty in this, given that Intel can benefit from everyone replacing their broken processors with new ones.