Bearish.Intel CEO is quoting scripture on X is this bullish or bearish.
They have poor looking financials and numbers. They have shown little growth in decades. They have a poor product stack. Future products are being cancelled left and right. Their revenue is falling in lockstep with the lack of leadership products. The staff with talent are bailing. They are saddled with loads of debt and a collection of dubious factories. They have withdrawn from several markets as they are being squeezed on all sides by competitors.Did one year ago -
1. Warren Buffett halve the stake of B-H in Apple?
2. The Philadelphia Semiconductor Index fall by 22% in less than one month?
3. The Sahm rule get triggered after the latest unemployment data?
4. The 2/10 yield curve come just 9 bps close to turning positive?
I await proper answers.
In Intel's current situation, it's better to let Jesus drive.Intel CEO is quoting scripture on X is this bullish or bearish.
He could be correct for a segment of the population. Seeing as he's senior management in a large corporation, maybe that's the case for American girls with rich dads?Here is some more on Intel the precision and scientific approach of Intel forecasts for things such as TAM, fab capacity planning - daughter Maya:
(thanks to SemiAnalysis for the summary)
And if he says no?In Intel's current situation, it's better to let Jesus drive.
The physical fabs are not going anywhere even when Intel goes bankrupt today. I'd much rather see them spin the fabs off with major shareholders being the potential fab users (Apple, Nvidia, AMD, Google, MS, Amazon ...) and let the design team survive on their own.I think government should bail them out. Its a simple measure of national security. The prospect of losing access to top tier fabbing -> NOPE.
If we're going down that route, I'd like to see their foundry tech cross-licensed to Globalfoundries to give us some redundancy. The DoD would certainly appreciate it.The physical fabs are not going anywhere even when Intel goes bankrupt today. I'd much rather see them spin the fabs off with major shareholders being the potential fab users (Apple, Nvidia, AMD, Google, MS, Amazon ...) and let the design team survive on their own.
The feds would organize a way to catch the fabs like they organized ULA.I think government should bail them out. Its a simple measure of national security. The prospect of losing access to top tier fabbing -> NOPE.
No one wants to be the next CEO until late 2025 at which time the one year or two year outlook won't be so bleak.At what share price do you guys reckon Pat will be forced to resign? Who's next in line?
Wow, that's a bad look. The show may just have been fluff but cutting something as public as that sends the wrong message.Intel Postpones Innovation 2024 Event, Cites Poor Finances
They have their own private jets, they are all first class seats ! 20 person jets, not little lear jets.I hope they limit their executives to economy class flights too, if they are so adamant about reducing costs.
They need to ground them for the time being then and maybe buy a few million economy class air miles from their preferred airlines. If fruit can go, so can first class which is way more burdensome financially. And they should start feeding stray cats and birds. Those animals will pray for them.They have their own private jets, they are all first class seats ! 20 person jets, not little lear jets.
They need to ground them for the time being then and maybe buy a few million economy class air miles from their preferred airlines. If fruit can go, so can first class which is way more burdensome financially. And they should start feeding stray cats and birds. Those animals will pray for them.
They also need to suspend Pat's pay/bonuses. May sound extreme but when he knows he ain't getting anything without making the right decisions, maybe the latent parts of his brain will suddenly boot right up and start processing properly.Not sure if they are doing the same for executive travels though.
Its at the Hillsboro airport and there is a whole hanger they own with like 3 of them. Its been around for a least 20 years, but they jets get bigger.They have their own private jets, they are all first class seats ! 20 person jets, not little lear jets.
Intel has sold its shares of Arm at an estimated value of $147M.
Though the sale of Arm shares may have provided a windfall, the company still reported a net loss of $120 million on its equity investments in the period.