2026-11-02 20:38 UTC
Replies (6)
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@TankovayaDiviziya@lemmy.world 2026-11-03 02:40
Honestly, how is Intel loss-making and managed so badly by the company despite having top of the line CPU?
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@Rentlar@lemmy.ca 2026-11-02 21:28
What was a $8.9 billion investment in US chipmaker Intel Is now the value of the government’s 9.9 percent equity stake crashed from almost $40 billion to well under $30 billion , still an unrealized 200%+ gain, so I guess the government “bought the dip” in a way. Though why Republicans back their favourite President engaging in casual nationalization still baffles me. Maybe any Democratic president should employ a similar path to nationalization disguised as a bailout: to legislatively constrict the business model of any company they want to acquire at discount “market rates”, then restore something along previous regulatory conditions.
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@Malica@lemmy.zip 2026-11-02 21:16
Morons have been running Intel into the ground for decades, same as the other big tech firms, no amount of money makes up for shitty leadership.
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@SPRUNTnsfw@fedinsfw.app 2026-11-02 21:51
Everything he touches turns to shit so quickly I’m starting to think he may actually be one of the apocalyptic horsemen. Future generations of children are going to learn about King Midas and his golden touch, and his antithesis, President Trump, who destroyed anything he got close to.
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@abc@suppo.fi 2026-11-03 06:46
People are just liquidating everything they can so they can pump everything into Anthropic.
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@neuracnu@lemmy.blahaj.zone 2026-11-02 21:09
Boooo; D-tier headline! Variety-bot, gimme somethin’ good. Trump Pump Goes Thump as Chips Stock Hits Rocks