$Intel (INTC.US)$ the only way Intel can restructure successfully is to replace the whole upper management, including the CEO himself. And the only way for that to achieve is Qualcomm really takes over and fire all of them. This is why when the rumours come out the stock price flies. No one is trusting the current management at all
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$Intel (INTC.US)$ congrats, now the number of people who are trapped with this dead stock just increased again
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$Intel (INTC.US)$ the most failed semicond company post-COVID
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$Intel (INTC.US)$ towards USD 15
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$Intel (INTC.US)$ even separation of IFS cant help it anymore. Penang factory is getting sized down and 2000 employees are going
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$Intel (INTC.US)$ this just shows how bad is their foundry, the moment it gets news to split the foundry the price sores finally good decision to dump their foundry and seek help from TSMC instead
$Intel (INTC.US)$ lmao rubbish stock indeed. When Intel didn't catch up with the AI trend it drops, now Nvidia (which boosted its price with AI trend) falls and Intel also drops following the trend it didn't even get involved with.
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