Just so we can post a beat again this quarter. And you guys still whinning?
4 replies (most recent on top)
The global semi market is soft and it isn't just Intel which is down from the plandemic peaks.
It is the weakest semi and will get dragged along with the other semis, at least until they start getting foundry customers (but that will take a few years).
Even if President Tariff does put a tariff on semis as he has promised he will do, it will take a few years for those companies to move production to Intel and TSMC has little capacity in AZ (and that is older node).
White Zombie pushed out a recession for the past few years and President Tariff wants to slash govt spending, so expect a recession and it may be a wild one too.
Like 2008 but more serious.
No one bought the BS the stock price is showing this.
Everything is down for last year, but Bain Capital cooked the books to fool people that Intel is winning.
Revenue declining year over year and accelerating. Id--t.