Intel has not been free cash flow positive since 2021.
How much longer can we go on bleeding money?
Layoffs will help a little, but we all know that IFS is the major offender here. Like it or not, reality dictates that we must divest the fabs.
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@aw Try not to sound like your parents
@OP They say the best things in life are free.
I'm thinking Free Beer, but if you prefer Free Cash then that is ok I guess.
Who needs cash flow when ya got Sweatervest Dave to make it all ok?
The cost of Free Money is Inflation.
Cash is King ! Cash Flows are Queen ! No sheet Fn BS MBAs and Lawyers ! Lost without a paddle ! Chapter 7 coming to your fabs soon ! Lipton and the Intel Board should all be Fired Off today !
I hope they're unplugging the EUV tools at night and on weekends. The electricity bill for those things alone must be astronomical.
Intel is proving that MMT is a charlatan concept.
Free Money is worthless.
The real problem is the debt. You can ki-l IFS in a heartbeat write it off but the debt is still on the books. Another reason no one is going to buy the fab ops. That debt goes with it.
IFS = I Found Solution
Bleeding money? How about borrowing money. Intel is what some $50billion in debt?
IFS is the issue. He will split then sell off that portion. Mark it here folks
Oh, LBT has a plan for resolving the Foundry losses.
Shock & Awe, baby, Shock & Awe.
it's coming..
IFS is the only loss bearing unit.
you know we go to great lengths to hide that