Intel's Big Turnaround Plan Is Now Looking Very Expensive and Poorly Timed

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Intel is reportedly exploring various solutions to deal with the most difficult period in history

According to sources, Intel is working with investment bankers to help the company through the most difficult period in its 56-year history. The sources said that the company is discussing various options, including splitting its product design and manufacturing business, as well as potentially canceling certain factory projects. Due to the confidential nature of these discussions, the sources have requested to remain anonymous. The sources also mentioned that Morgan Stanley and Goldman Sachs are providing advice on various options to Intel, which may include potential mergers and acquisitions. Intel, headquartered in Santa Clara, California, recently released a weak financial report, causing its stock price to drop to the lowest level since 2013 and prompting these discussions to become more urgent.

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