Intel's 'historic collapse' erases $8B from market value
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Re: Intel's 'historic collapse' erases $8B from market value
#2Glad I'm the the CEO on watch when that happened:) Time for them to step up an ask for a multimillion $ pay cut in recognition that they were paid far to generously during a time when the stock was over priced.
Re: Intel's 'historic collapse' erases $8B from market value
#3$30->$27, then $28 by close as it went up with the rest of the market, seems more like a rather ordinary earnings call.
Re: Intel's 'historic collapse' erases $8B from market value
#4$30->$27, then $28 by close as it went up with the rest of the market, seems more like a rather ordinary earnings call.
Intel is forecasting a 40% decline in revenue for this quarter and their other challenges are listed in the article. The historic collapse isn't necessarily referring to the share price. The shares recovered because people bought the dip and still believe Intel can fix this. I don't think it says much.
Re: Intel's 'historic collapse' erases $8B from market value
#5[deleted]
Re: Intel's 'historic collapse' erases $8B from market value
#6$30->$27, then $28 by close as it went up with the rest of the market, seems more like a rather ordinary earnings call.
Intel is forecasting a 40% decline in revenue for this quarter and their other challenges are listed in the article. The historic collapse isn't necessarily referring to the share price. The shares recovered because people bought the dip and still believe Intel can fix this. I don't think it says much.
Well, the shares recovered because the whole market was up like crazy, but the initial 10% decline upon earnings is not historic; that also happened 6 months ago!
For what it's worth, I think the "historic collapse" quote from the analyst doesn't refer to the earnings call but the overall decline the past few years, with the rise of AMD, ARM, Apple, TSMC, etc.
Re: Intel's 'historic collapse' erases $8B from market value
#7Glad I'm the the CEO on watch when that happened:) Time for them to step up an ask for a multimillion $ pay cut in recognition that they were paid far to generously during a time when the stock was over priced.
You're the CEO of Intel?
Nobody ever asks for a pay cut. If anything, they'll do some moronic layoffs get a fat bonus for it
Re: Intel's 'historic collapse' erases $8B from market value
#8I’m bullish on Intel even with their current struggles. I think owning their own infrastructure will pay off in the future when competitors are getting squeezed by fabs playing supply side economic games.
Re: Intel's 'historic collapse' erases $8B from market value
#9$8B sounds impressive until you realize the company is worth ~$110B.
Re: Intel's 'historic collapse' erases $8B from market value
#10I’m bullish on Intel even with their current struggles. I think owning their own infrastructure will pay off in the future when competitors are getting squeezed by fabs playing supply side economic games.
What is the long-term future for x86 as it gets squeezed from below by ARM?