Blew 100 billion buying back shares... Now the company is a failure... Wow
this post was submitted on 18 Sep 2024
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It really does beggar belief. They used to be THE one to beat. Now they’re hemorrhaging money and reputation, and figuring out how to deal with a multi-generational lithography deficiency - not to mention, the implications that that problem has on their lack of testing rigor, improper QC reporting processes, or both.
So, thank you, Finance and MBA assholes, for driving a titan of American industry into the ground, I guess. I wish you’d all get fired, but you won’t, I’m sure.
they got paid out on the way out and WE THE TAXPAYERS are funding Intel's CAPEX
🤡🤡🤡
Capex goes up, opex goes down that's what makes the world go round?
Or come crashing down. Whatever.
Just make a chip that is cheaper, more energy efficient and I'll be happy. I keep hearing that laptops, desktops, consoles and phones don't matter but for some reason companies in those markets are doing okay (Nvidia, AMD, TSMC)
Chips without management engine would also be a selling point.
I wrote off x86 as a dead end since 2013.