INTC is beat number on buying back shares that is not positive to us. Moreover, they are using excess capital to buy back more shares meaning nothing useful for growth. Companies have bought back shared before the last dance and then gone down almost 80% in value.
The cost of borrowing money is almost zero%. The money is used to buy back shares is effectively investing in the future. It also prevents any dilution due to compensation shares and employee purchase shares. Borrowing at historical low interest rates in GENIUS!