Just announced on CNBC. This is not good. The Data Center is the only thing keeping INTC above $16. The cloud trend is killing Intel's server business. And they partnered with AMD over Intel?? Embarrassing.
They showed it today. This is not good. Where is the 3 to 4 year process advantage that everyone is claiming? Intel is spending $12B+ a year on process & can no longer keep a competitive advantage. Intel management keeps saying Fabs are their biggest asset., that only they have the "secret sauce" to make FinFet work..... Something is very wrong with this company.
They're calling the socialist's bluff. Things will get very ugly now with the debt ceiling in 2 weeks. Lets see how long Obama stands by his "I will not negotiate" stance. Probably as much as he stood by his "dont cross this red line" statement.
Wants CEO job at Hulu. This company is a joke when it comes to diversification..Might as well shut down & layoff all these Media Group people & save shareholders $Billions.
What matters is the guidance Intel gives in 3 weeks. I'm not sure if a poor guidance is baked in. Q3 numbers should be in the range. I'm very worried about the holiday season, based on what i'm hearing.
The vast majority of Americans & businesses don't want ObamaCare. Obama acting like a dictator & socialist. ObamaCare will cause another recession. Lets hope the Republicans win on this one.
It is very shocking that TSMC has caught up to Intel so fast. Intel was boasting of multi-year process advantages only a few months ago. Intel is moving way too slow, period. New CEO is supposed to be a manufacturing guy. But, he's executing as poorly as Otellini.
He & Renee James were touting it only a few months ago & now he has to pull the plug. Its all over the news wires. Note to CEO: make sure you actually launch an initiative before you start spouting about it. Embarrassing.
Reported tonite. Running into "snags" & probably wont be launched this year as promised. Another failure from leadership. Probably for the best as it was a money-losing proposition. Probably a few $Billion of shareholder money wasted....Intel's business model is at very serious risk as it keeps losing new business opportunities, while its core revenue is under severe attack from mobile.
Seriously, Intel's costs/expenses are not matching its growth rate. I hope the new CEO would have the guts to announce big layoffs. With little/no growth projected for the next few years, that's the only thing I can see to generate EPS growth & a rise in share price. See Cisco for a playbook.
All of them have at least doubled in the past 6 months - FB, LinkedIn, Yelp, Groupon, etc. Take your pick. All of the macro trends are going against Intel - mobile, social, the cloud, bring-your-own-devices, etc. No wonder the big players are leaving Intel.
The no dividend increase is causing a lot of funds to sell it. This will continue. The CEO sent a strong signal by not even providing a token 1 penny increase. Intel remains a very unfriendly shareholder stock. Wish an activist would come on & shake up the Board.
Very negative. Just a matter of time before Covello & his thugs come out with a negative bombshell. The lack of dividend increase today is a very worrisome signal Intel is giving investors. Not good at all.
Zuckerberg Paul Otellini....no comparison. 1 will go down as 1 of the most innovative CEOs ever, the other, a complete buffoon who made 1 of the worst business decisions ever by rejecting the iPhone.
Very disappointing. Most investors like myself expected at least a token increase to send a positive message. Poor leadership once again.