this post was submitted on 18 Sep 2024
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Blew 100 billion buying back shares... Now the company is a failure... Wow
It really does beggar belief. They used to be THE one to beat. Now they’re hemorrhaging money and reputation, and figuring out how to deal with a multi-generational lithography deficiency - not to mention, the implications that that problem has on their lack of testing rigor, improper QC reporting processes, or both.
So, thank you, Finance and MBA assholes, for driving a titan of American industry into the ground, I guess. I wish you’d all get fired, but you won’t, I’m sure.
they got paid out on the way out and WE THE TAXPAYERS are funding Intel's CAPEX
🤡🤡🤡
Capex goes up, opex goes down that's what makes the world go round?
Or come crashing down. Whatever.