This is just absurd that he'd title his article as if it was truly confirmed. Not sure if the SEC would look into that or not? PS, Eassa is a daytrader who's "lofty" price target for Intel is 23. 23! What an investor! Just unreal how ridiculous Seeking Alpo and Giraffe Eassa are. Just unreal how low people in this world will stoop to try and make money.
Some of Intels foundry partners are already suppliers for CSCO - CSCO=ASIC - just matter of time....
"Today's FPGAs such as the Xilinx Virtex-7 or the Altera Stratix 5 rival ASIC and ASSP solutions providing significantly reduced power, increased speed, lower ..."
So because Ashraf Eassa found an ad for a Cisco Engineer at Intel, that means Cisco deal is "confirmed". Can you say misleading, manipulative and down right disgusting? I especially like the comment from the one guy that was an ASIC's person at Cisco that said this was nonsense.
I agree that it's not confirmed but you have to admit this is a smoking gun. The way that I look at it, Intel has a lot of capacity to sell, and big sales will happen. Ashraf's math just shows what types of numbers we're to expect from Intel in the future.