INTEL SHOULD GET OUT OF FOUNDRY BUSINESS PER CITI. DUMP YOUR STOCK AND TAKE THE LOSS FOR TAX PURPOSES
9 replies (most recent on top)
@1amm yep put them golf ba--s up on a shelf next to the Enron set.
Who cares about chinese supporters from Citi?
INTC should sell Pat Gelsinger to TSMC and promote Kevin O'Buckley
as new CEO to stop wasting billions in fake nodes with no external
demand to justify the destruction of Intel foundries by outsourcing
to prohibitive TSMC nodes which prices are skyrocketing for no other
reason than chinese greed et massive corruption from NVDA/AMD chinese
CEO pumping TSMC with money from US pension funds (see dividend
requirement).
I have golf ba--s that say "Intel Inside". Should I keep them on my self waiting for the turnaround?
Who would buy the foundry business? It could merge with Global Foundries if the US Government steps in with the Chips Act money.
If they ki-l foundry at this point , that’s a LOT of $ to be written off , and goodbye to chops act and other funding. I think a breakup is the way … ki-ling it achieves nothing
Intel is sh-t and now the rest of the world finally realized it too. Good luck funding a job with Intel on resume.
The 52 week low is $18.84 bruh.
Forbes says stock could now go to $10. Wall Street has no faith in Intel anymore. This stock is toilet paper.
Intel’s new slogan
“TSMC Inside” (tm)