Intel goes up by $1 (2%)?
Since Monday INTC is up $3. Nothing fundamentally has changed from the current state of Intel FUBAR.
Did Bob just drop more money from a helicopter to buyback more INTC from the Intel Treasury?
4 replies (most recent on top)
All foundries are on fire now. Look at TSM (+4%)and UMC (+15%) today. So even the old second tie fab has its good days. All capacities are booked out down to Q3'21.
UMC only has 14nm, which is more or less same as Intel's technical capability (if we ignore the small volume and non-profitable business from 10nm). It is ironic for an once leader in process technology. So folks like or dislike Intel management. Stock investing is a different animal. MM only cares about profit (and near term one, who cares about jobs, strategy and other .... )
ECM decided the fate of TMG
Habana broke into AWS business.
Stock tends to go up on lay-off or restructuring