Tyson Foods, the meat processor posted Q1 revenue of $13B, and an EPS of -4 cents, both handily beating INTC.
Without a new manufacturing node in many many many years, what defines a company as "tech"?
For fresh cash, which is the better bet? INTC or TSN?
2 replies (most recent on top)
Intel's $2.8 B loss in Q1.
There are roughly 336 million Americans.
A chicken costs roughly $7.75.
So... Intel losses in Q1 were enough to buy ever person in America a chicken plus give them $.80 more for the gravy.
Intel will split into 3 or more companies. Each of these will worth at least what the current boat anchor is. It's a simple path. I don't see Tyson go 3X in the next few years.