I bet some of the money will find it way to Intel foundry. I won't be surprised if Softbank taking 49% minority stake in Intel foundry business.
https://www.cnn.com/2024/12/16/politics/donald-trump-softbank/index.html
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Softbank has enough to take Intel private.
Might even have enough left over to bring back the free bananas!
Money that will be used as severance packages for executives
Remember, this is the investment company that brought us WeWork.
Maybe they will want to reinvent Foundry to be like that. I hear the old WeWork CEO is available.
They also brought us Uber and Travis Kalanick could be just the CEO Intel needs.
Desperate or not, US Gov need Intel as manufacturing company. No less, no more... Products can be sold (and should be as there is no future for it unless they do ARM or redefine x86 into something big), but manufacturing will be on the drip for a long time. You cannot give all our military chip making to 3rd countries, especially China.
IFS do not need to bring money, it need just to sustain.
It's time for desperate theories now?
Face it.
Intel's strategy is not working and there is NO PATH for it to work.
The capex is too high given any plausible customer revenue scenario.
IFS is un-economic.
- won't happen
- any part that does is money down a toilet