this post was submitted on 18 May 2024
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Cheap intel stock going then
I'd be very surprised if they don't find a way to bounce back, they've done it before
Maybe. In the past they have always been able to rely on their dominance in the PC market. With consumers shifting away from this, I don't think it's so straight forward and in other emerging markets like AI they are way behind.
At least they are finally putting actual money into R&D. This article was a really good read. Will be interesting to see how and if Intels investments pay off.
Yup, they need to fund engineering. That's what AMD did, and it turns out that's a good strategy. Companies need to provide value to customers, and then marketing's job is easy.
I am also betting they will bounce back; hopefully this is indeed a good opportunity to buy the stock for cheap.
Intel is an American company.
If you're bothered by Israeli involvement you should avoid all the companies in that list, including AMD, as they are all invested in Israel and have Israeli teams.
Even large Chinese tech companies like Xiaomi, which has an R&D center in Israel, are invested in Israel.
Tiktok is owned by ByteDance, which is headquartered in China and was founded by Chinese.
Intel is headquartered in the USA and was founded by Americans.
Intel is investing in Israel for the same reason other companies like Nvidia do (who just acquired another Israeli startup last month and has 7 R&D centers in Israel). Innovation and talent.
Nvidia is also currently building their most powerful supercomputer in Israel. And the CEO has also mentioned the Israeli startup Mellanox (which they acquired for 7 billion USD) as an important part of Nvidia's success.
He also said “Israel is home to world-leading AI researchers and developers creating applications for the next wave of AI,” as recently as the end of last year.
Considering that, their startup accelerator program with over 300 Israeli startups, and their 7 R&D centers in Israel (Intel has 4 facilities), I'd say that by your logic Nvidia is much more "pro-Israel" than Intel. And it's number 1 in the OP's article's list.
Don't see any Israelis in the board members or owners. Them and the founders all seem to be American. I did see Bangladeshi-born and Malaysian-born Americans on the board.
You're doing semantics with yourself.
I wrote that ByteDance is headquartered in China and was founded by Chinese. Nowhere did I write "owned by China".