This was supposed to be Intel's/CEOs bread-and-butter??
Or we're testing low 20's again. Like clockwork, this stock gets manipulated by the big fund managers on Wall Street & Intel management for free compensation. Only shareholders suffer. Intel needs to get out of the smartphone business NOW. Where are the layoffs to align with negative growth???
Thats off a higher Q3 base than the analysts had forecast. Plus, the stock has run up significantly the past month. I say it tests $30 & $29 again, as opposed to testing $37.
Intel overpaid by about $10B. Once again, Intel's VPs have the un-Midas touch, buying at the absolute highs.