Intel removed from the DOW; Intel dividend yield is zero; Intel's revenue forecast for Q1 looks like 2010; Intel has no CEO and no clear long-term strategy with a balance sheet that could use "some improvement"... Intel is not doing that great and the future is "cloudy" to say the least. The upside is that Intel could be acquired and new management and BOD; they could possibly fix Intel operations and Intel culture. That is the gamble employees are taking. The company recovers and the stock soars... Intel employees make lots of money. GLTA.
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You can win or lose at least by doing gambling. Intel is only about all losers for sure. Don’t bet on it for your peace out of mind.
Ride it out, you still get 2 paychecks a month. The job market is about to get even worse as more and more companies start to cut back their workforce. The tariffs that will go into effect tomorrow, 2/1, will be the pin that pops the current bubble of a market.
at least with gambling you have a small chance of winning
intel is done
AI will just send the design directly to the fab within 5 years
Thankfully, most of the gamblers here are folks with outdated skillset just riding it out by kissing the rearside of their bosses. So, it will be fun when the real layoffs happen....
If Intel were to buy Ampere or merge with an ARM developer, that would create a new path for development, instead of the dead-end they are trying to keep profitable.
Ampere is a piece of junk, being founded by a person with a BA/MBA background.
And when was the last time Intel acquired a business and able to make money out of it ?
Well no choice. No one is hiring former Intel employees. So gotta ride it out
Also, get used to the reality that x86 is a legacy technology. That is a one way street, leading to the graveyard (eventually).
If Intel were to buy Ampere or merge with an ARM developer, that would create a new path for development, instead of the dead-end they are trying to keep profitable.
Dave seems willing to keep reducing headcount in order to protect gross margin, so I'd look for more of that because x86 is not going to be the source of high growth rates in the future.
I believe that is why the Board is so full of Finance types. The major investors just want to get as much profit as they can from x86. That suggests that spinning off foundry (and all other viable business units) leaves a legacy business which only gets smaller over time.
It is only gambling if you put all your money in the stock of the same company where you work. If you want to be in the sector then use something like FSELX.
The stock has risk, maybe as much from how the market will react to the expansion of tariffs. I like tariffs but it is disruptive and the semi sector is already weak due to the global slowdown. A semi tariff would greatly affect the sector and Intel also imports semis.
There would be a lag between tariffs and getting new foundry customers, so the stock could get as low as the single digits. Upside is limited to something like $30.
Takeover seems unlikely, but foundry seems set to be spun off eventually. I wish Dave had more to say about Altera, Mobileye and Intel Capital, but those things do take time and he seems to not want to be the source for future projections.
What? Am I suppose to trust an interim CEO from San Jose State with a non-technical degree to fix Intel? Where is the new CEO? In the old days, potential CEOs would be beating down the door at RNB2 to get a chance to be CEO...
What?