Thread regarding Intel Corp. layoffs

I am down -37% on my INTC shares despite the SPP discounts of 15%. New CEO keeps saying he will create wealth for us 😱.

If I recall correctly, Jensen Huang said the only way he would accept a buyout from Intel if he was made CEO of the combined companies. So if that alternate history had taken place in the multiverse, maybe that version of Intel would be dominating, instead of the sad version we have now.

INTC buying NVDA back in 2009 would have likely destroyed NVDA as well. 🤔

Amazing how so many employees are being fooled by fraudster Pat.
It's really a shame what is going on and hopefully it does not go on for much longer..

Pat is nothing but a bullsh-tter

I read the article and I hope the media and board give Pat some time to turn the ship around. Pat is cleaning up after many years of mismanagement, pet projects (like BK's stupid drones), etc. I've been at Intel for 2 decades and Pat is by far the most passionate, hard working CEO and he's wicked sharp. So you know I'm not a troll, I'll also say he completely screwed up on Larabee and we should have bought NV instead of deciding to make our own graphics back then. That said, I can't think of another tech executive I'd want at the helm during this difficult time. Satya is awesome, but we need someone who understands design and manufacturing. GB is an awesome guy, but he left and I like him too much to wish this job on him.

Intel management and technical leadership are the biggest losers in the semiconductor industry. Frauds, charlatans and clowns across the board. All they are good at is schmoozing with technical assistants in the cafeteria.