$Intel (INTC.US)$ Intel in Malaysia just announced the closu...
$Intel (INTC.US)$ Intel in Malaysia just announced the closure of 1 of its Malaysia factories. The employees there have to find other jobs.
This is bad news for the local employees there. But good news for investors. It means Intel is taking the steps needed to stay competitive.
The overall strategy of the company does not change. Intel will return to technology node and process leadership by 2026.
Continue buying and accumulate on weakness. Hold the line. Be patient and reap rewards later!
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