Anyone notice the frequency of the "spinoff" strategy...easy to do this than layoffs and ask for ChipsAct money.
1st Mobileye
2nd PSG
3rd AI
I love our financial wizard CFO!
4 replies (most recent on top)
Dunce cap for this one.
Wishful thinking! There will be blood!
This is usually what Intel does sell off an arm of the business create an accounting capital loss so they don’t have to pay out on APB
These are not the first three spinoffs/divestiture/carve-out. In fact this is quite normal for Intel. Are you a newbie?