Thread regarding Intel Corp. layoffs

Sell Intel Right Now, Goldman Sachs Says

"Given the increasing negative coverage on Wall Street on Intel, the stock could reach a bear market shortly.

Intel saw a fresh bout of selling Monday following a rating downgrade from Barclays analyst Blayne Curtis to hold from buy. The analyst had hopes Krzanich's replacement would be a "disruptive external candidate", but it now looks the short list of executives doesn't fit that mold.

Curtis also says competitive pressures from Intel rival Advanced Micro Devices (AMD - Get Report) will likely weigh on the company."

https://www.thestreet.com/investing/stocks/sell-intel-right-now-goldman-sachs-says-14679852

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| 1161 views | | 2 replies (last August 11, 2018) | Reply
Post ID: @OP+UAxQ3WF

2 replies (most recent on top)

BK knows and sold it all, you think he holds any now that he has no constraint.

Demand up, capacity plans all assumed intel would be on 10nm with all that scaling, but that is now two years late.

With where 14nm yields are and unanticipated more starts we see more capital expenditures, yet 10nm capital all languishes

FUBAR

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Post ID: @1tna+UAxQ3WF

Sold my whole position at $52+, this s-cker is going down!!

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Post ID: @xht+UAxQ3WF

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