WTH is going on with Intel? Where is the innovation? Why aren't they sharing this with the investor community? They need to stop being so secretive & start bragging. The perception is that Intel engineering (both design & process) has been lagging the past few years. We need an Activist to shake up the culture.
Intel warned on China, consumer PCs & strong dollar a few months ago. Things have turned dramatically worse in China & PCs since then.. Expect a slight miss, but its the forecast that may drive the stock below $28. Intel's only growth market is servers & I doubt that will make up for massive negative macro trends. Plus, servers are moving more towards a cloud-based model, which limits Intel's upside. Personally, I'm surprised Intel hasnt warned for Q2. They still might.
Inexcusable that the top execs are cashing in on their free options while shareholders suffer because of their incompetence. What exactly is Intel's mobile strategy?? Let shareholders know NOW. Time for the Board to be replaced. We need a big fish external stakeholder to make a stink & shake things up publicly.