Thread regarding Intel Corp. layoffs

Intel clinches nearly $20 billion in awards from Biden to boost US chip output

https://www.reuters.com/technology/intel-clinches-nearly-20-bln-awards-biden-boost-us-chip-output-2024-03-20/

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| 1225 views | | 8 replies (last March 20, 2024) | Reply
Post ID: @OP+1rDAMMRA

8 replies (most recent on top)

It is already priced in.

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Post ID: @wle+1rDAMMRA

Put the whole lot into diversity hiring.

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Post ID: @mcn+1rDAMMRA

20B includes low rate loans too

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Post ID: @kin+1rDAMMRA

This much government assistance (or more) was already priced into the stock. Sounds like the money has strings too. Be curious to see how the dollars gets dished out when IFS spins out as its own company

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Post ID: @nxq+1rDAMMRA

INTC is down with the rest of the crowd since then, indicating this is a non-event.

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Post ID: @cle+1rDAMMRA

It's UP TO 8.5Bn. It's still preliminary

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Post ID: @xnh+1rDAMMRA

The stock barely budged. The Wall Street has apparently assumed the money will be ordinarily wasted as usual.

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Post ID: @aua+1rDAMMRA

It’s 8.5 bn .

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Post ID: @ukv+1rDAMMRA

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