what the fuck? when i posted this comment i was asleep holding my phone, i somehow commented this while asleep
If you’re new to the stock market then yes, because it means a discount!
My condolences to retirees who need to live off 401ks with no bonds. Everyone else, wee! Discount time!
Company profits up but share price down? Fire some C-Suite.
Company has never profited and there’s no plan but share price up? Give C-Suite performance bonuses.
He should have prayed harder over the decision to double down on selling auto immolating products for several years because it was cheaper than fixing the problem
His solution to the sell off is mass layoffs, stock buybacks, and r&d cuts.
You know, stuff you need the most when trying to save your business from itself.
A while back, I heard a theory that eventually, Intel will just be a fab producing AMD chips. Thought it was a long shot back then, but now it might be the company’s best outcome.
That would be a lucky outcome for Intel, they can’t compete with AMD’s current fab (TSMC).
