Intel is making a comeback. Lip Bu is the right pick. He will trim the excess fat and get rid of useless managers and processes. 4 day a week return to office will force 5% attrition. Another 5% will be trimmed . I doubt the aforementioned. Shutting down Pats foolish expansion plans will cut back on Capitol spend. Chin up it's gonna be fine. LB Zis engaging customers and putting the right leaders in place. Forget the negative naysayers I FOR 1 THINK IN 12 MONTHS INTEL WILL BE BACK
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I don’t understand how any id--t still can think Intel is fine after laying off almost massive more than 35K employees just less than one year.
No. No it won’t. Don’t fool yourself. This sh-t show is on its last act.
He is going ho chop and sell intel off bit by bit
You know why the market isn't going crazy for Intel stock? It knows that Tan is a feckless, empty shirt. They've heard his brand of cheer-leading & failed promises many, many times from previous CEO's, only to get burned again and again.
If you really want to have a remote chance at anything, fire Zinsner and investigate him! Under his financial "guidance" BILLIONS upon BILLIONS have been "lost" --how is that even possible??? Take a fine-toothed comb to that skeeezer's life, I'll bet there's degenerate written all over him.
Believing is not the same as predicting the future. Or which religion is right and which is heretical.
20% less of nothing is still nothing. The market pundits have seen so much BS out of Intel that they now have a list of items they will be watching. 1 missed deadline, 1 canceled product, 1 dissatisfied fab customer 1 more launched defective product and it’s all over.
P.S. nobody, not one analyst believes Intel can do both Product and FAB services together and make it work.