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  • wallisweaver wallisweaver Jan 18, 2013 12:57 PM Flag

    Intel's CEO Discusses Q4 2012 Results - Earnings Call Transcript

    "So, let me get this straight... You think Intel having to spend an additional $4B ON TOP OF the annual $11B in capex just to keep its lead is a POSITIVE?"

    [Ah, let's address the complete fiction in your statement. It's the "just to keep its lead" lie. Intel has a huge lead in technology, fabrication and manufacturing. The spending on 450mm isn't to just keep its lead. It's to make a HUGE extension in its lead.]

    [These are just basic business concepts, short boy. CapEx isn't a bad thing if you can afford it, which Intel easily can, and you spend it on smart things that improve revenues and profits. Intel is making the smart expenditures. Do you actually know anything about fabrication, EUV or 450mm and the impact each has on profits?]

    Sentiment: Strong Buy

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