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Intel Likely To Sell Altera, Freeze The Construction Of Its $30 Billion German Factory, But Retain The Chip Manufacturing Business, As Per The Latest

fansink

fansink

Well-known member
Interestingly, Reuters is currently reporting that Intel will not pitch a sale of its chip manufacturing business at the upcoming board meeting. This, again, is understandable, especially as Intel has already received billions of dollars worth of federal funding to establish a sizable manufacturing footprint in the US, which complicates a potential divestment strategy.


wccftech.com

Intel Likely To Sell Altera, Freeze The Construction Of Its $30 Billion German Factory, But Retain The Chip Manufacturing Business, As Per The Latest Tidbits Ahead Of A Critical Board Meeting

For the past few quarters, after each significant stock price dump, Intel investors ask the familiar question: is this the bottom? Yet, each time, the answer has been in the negative.
wccftech.com wccftech.com
 
fansink said:
Interestingly, Reuters is currently reporting that Intel will not pitch a sale of its chip manufacturing business at the upcoming board meeting. This, again, is understandable, especially as Intel has already received billions of dollars worth of federal funding to establish a sizable manufacturing footprint in the US, which complicates a potential divestment strategy.


wccftech.com

Intel Likely To Sell Altera, Freeze The Construction Of Its $30 Billion German Factory, But Retain The Chip Manufacturing Business, As Per The Latest Tidbits Ahead Of A Critical Board Meeting

For the past few quarters, after each significant stock price dump, Intel investors ask the familiar question: is this the bottom? Yet, each time, the answer has been in the negative.
wccftech.com wccftech.com
Click to expand...

I suspect there are two opposing camps inside Intel, each trying hard to promote its own proposal to save the company. One is speaking to Bloomberg, and the other is talking to Reuters. Both are attempting to expand their supporter bases

I never thought following the semiconductor industry could be like watching a TV soap opera.
 
hist78 said:
I suspect there are two opposing camps inside Intel, each trying hard to promote its own proposal to save the company. One is speaking to Bloomberg, and the other is talking to Reuters. Both are attempting to expand their supporter bases

I never thought following the semiconductor industry could be like watching a TV soap opera.
Click to expand...

Get out the popcorn and kleenex.
 
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