So much for ARM being a serious competitor to Intel in microservers. AMD leaving the business immediately.
Intel has to buy their way into the IoT market. Too bad they didnt do this deal 3 years ago, but better late than never. Deal will cost Intel at least $15B but it has to be done. There is no growth at Intel. Paul O. should have done the same thing with ARM years ago but blew it.
They have as much chance doing that as the Jets winning the Super Bowl next year. Go Pats - City of Champions.
A few days ago. An absolute steal: 3.2% dividend & 10% bounce from oversold levels. Smartwatch news today is huge. Intel needs to shift to IoT products.
He's had a while to change the vision, culture, & execution and I dont sense anything is different. Same old same old. If anything, Intel is even further behind in mobile. He also seems to favor employees/management over shareholders. Heads should be rolling with such poor execution in mobile. thats what we get when the Board puts a manufacturing old-timer in charge.
Company is about 20-30% overweight with respect to growth rates.
The only holders at this point are dividend seekers. There is no growth unless CFO starts massive layoffs, which are needed. With huge CapEx, dividend cut is a worry.
Bottom line is this company has been a 1-trick pony the past 2 years & PC refresh cycle is now over. Now, the reality of failing in mobile sets in. Losing Billions in mobile every year just doesnt make sense. CFO needs to do his job & lower the cost structure of the company. CEO needs to create some partnering/foundry opportunities. The reality is that ARM has won in mobile/IoT devices & Intel doesnt want to adjust to this new reality.
This company was a 1-trick pony with the PC upgrade for the past 2 years. You cant lose Billions($) in mobile every quarter & try to get away with it. This company needs to lower its cost structure immediately.
The CFO needs to get off his #$%$ & lower the cost structure of the company. 25-30k jobs should be cut immediately & get rid of the stock option for compensations schemes. Benefits only management & hurts shareholders.
PC sales slowed to a crawl the past several weeks, according to latest market research.
Nothing has changed with the new CEO. No layoffs announced & the company remains "fat".. More & more losses in mobile. INTC is riding the coattails of business laptop upgrade but that cant last forever. The BMO report today was very worrisome.
Most top posters here & Intel was claiming 2 to 3 year process leads. I dont like what I'm hearing regarding the competition and their aggressive schedules.
Thats what Intel tried to do years ago (vertically integrate a smartphone with its own chip & OS) & Otellini failed miserably. Smartphones are a strictly platform/ecosystem business model & you need to have the right network/partnering strategy to make it work. Intel failed from Day 1 & continues to do so. Now, their only competency, chips design, is behind the other ARM players, including Apple chip designers. Meanwhile, us shareholders are paying for this $1B mistake every quarter.