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Intel Corporation Message Board

  • semi_equip_junkie semi_equip_junkie May 9, 2013 10:32 PM Flag

    Guss on "doubling down"

    and some "advise" to new CEO....
    We continue to believe Intel needs to license ARMH and focus on becoming a direct-to-OEM foundry.

    Gus Richard, Piper Jaffray: Rates Intel shares Neutral. “Krzanich has been rumored to be the lead candidate for some time. We view the selection of Mr. Krzanich as the company staying the course and not a positive development. In the post PC era, the company needs to transform the company and culture to adapt to a changing landscape. We continue to believe Intel needs to license ARMH and focus on becoming a direct-to-OEM foundry. Promoting the COO is doubling down on the manufacturing roadmap and does not address the issues the company is facing. We believe the market will view this announcement as a disappointing development. Maintain Neutral.”

 
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