Thread regarding Intel Corp. layoffs

FUBAR when you can’t finance your own wet dreams

https://www.intel.com/content/www/us/en/newsroom/news/financial-news-aug-2022.html#gs.9hpet2

Wow oh wow have to sell 49% off, can’t wait to see what happens when they build it and nobody comes, lay-offs baby!

Intels financial position must be terrible to have to sell a portion versus find with its own cash flow or bonds. Looks like cash flow nor bond rating are good enough.

Looks like Pat and David found a su---r just like GF found a su---r years ago.

Intel is going the way of IBM, GE and GF how sad am ending to an America technology icon

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| 1970 views | | 10 replies (last August 26, 2022) | Reply
Post ID: @OP+1imwGUpC

10 replies (most recent on top)

Hard to understand given the CHIPS Act. I thought most of the costs associated with building new fabs were covered with public moneys.
Is it because the CHIPS Act doesn't provide enough capital up-front to build everything Pat wants?

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Post ID: @3noq+1imwGUpC

CHIPS act is a joke.

By the time the factories are built Intel will be on 10nm and TSMC/Samsung will be on sub-1nm.

Only the government would sink money into the new age Kodak.

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Post ID: @2sac+1imwGUpC

Intel deserves all that's happening to them. Hope you all get fired soon.

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Post ID: @2nqs+1imwGUpC

Leveraging into an opportunity makes sense. There’s always the option of buying out your partner in the future.

And OP’s history of trolling is certainly relevant. It’d be great to have this board back to the topic of layoffs instead of being a sub-forum of 4chan

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Post ID: @2ilw+1imwGUpC

Higher cost than debt financing.
Lenders won’t take the risk and so they need to tap private companies.

So cash flow will be diluted by Brookfield’s share - assuming there is any cash flow LOL.

https://www.barrons.com/amp/articles/intel-brookfield-fund-chip-factories-51661268681

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Post ID: @1yfi+1imwGUpC

Irrespective of what the OP's history is, these facts speak for themselves. As was noted earlier, giving away half your profit screams desperation and/or inability to raise funds by conventional means. This move seems like Intel is going to a PayDay Loan shark because no-one else believes in their ability to repay.

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Post ID: @1bht+1imwGUpC

OP has been posting this garbage since 2015.

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Post ID: @1zsp+1imwGUpC

Hold on to your pa----s girlies, we going for a wild ride!

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Post ID: @1fsf+1imwGUpC

This on the heals of the CHIPS act does not bode well for Intel. Pat and David are so over their heads. Listening to David reminds me of listening to Charles Durning in Best Little Wh-------e in Texas movie. What did he say?

Intel won't die, but it will not get back to its former glory; it won't have the capital. One thing it always had in its favor were the balance sheets. Giving away half of your business so you can get capital is, well, lunacy. There is a reason no one has done it before. imagine a business where the only way you can survive is to borrow at a 49% loss of future profit. It is sustainable, but barely profitable and certainly not competitive.

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Post ID: @1asz+1imwGUpC

Ship is burning and sinking. Should jump now boys.

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Post ID: @1ycz+1imwGUpC

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