The decline of Intel..
The decline of Intel..
If you were alive during the 90s or 2000s, you surely remember that tune. It’s the anthem of Intel, the world’s most dominant chip maker, or at least, they were. Since then, Intel has had a pretty rough fall from glory. In fact, today, Intel barely ranks in the top 10 when it comes to the world’s la...
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Cheap intel stock going then
I'd be very surprised if they don't find a way to bounce back, they've done it before
Maybe. In the past they have always been able to rely on their dominance in the PC market. With consumers shifting away from this, I don't think it's so straight forward and in other emerging markets like AI they are way behind.
At least they are finally putting actual money into R&D. This article was a really good read. Will be interesting to see how and if Intels investments pay off.
Yup, they need to fund engineering. That's what AMD did, and it turns out that's a good strategy. Companies need to provide value to customers, and then marketing's job is easy.
I am also betting they will bounce back; hopefully this is indeed a good opportunity to buy the stock for cheap.
Investing in israeli companies right now is a high risk low reward move.
Intel is an American company.
If you're bothered by Israeli involvement you should avoid all the companies in that list, including AMD, as they are all invested in Israel and have Israeli teams.
Even large Chinese tech companies like Xiaomi, which has an R&D center in Israel, are invested in Israel.Yeah and TikTok is a Singaporean company and has nothing to do with China.
There might be a reason why LTT videos of Intel tours go to israel. And why Intel is spending 25 Billion on building a chip factory in israel during the height of the israeli Genocide in Gaza.
2023-12-23 Intel will build $25 billion chip factory in Israel’s ‘largest investment ever’
The Israeli government and Intel confirmed plans to build a $25 billion chipmaking factory in the south of the country, an investment Prime Minister Benjamin Netanyahu has described as the biggest in Israel’s history.
The American tech giant already employs 11,700 people in Israel and has invested more than $50 billion in the country over the last 50 years.
Intel now wants to expand its existing chipmaking factory at Kiryat Gat — about 16 miles northeast of Gaza — undeterred by the October 7 attacks and the ongoing war between Israel and Hamas. Reuters earlier reported the news.
“Intel has chosen to approve an unprecedented investment of $25 billion and to establish its new factory right here in Israel,” Israel’s finance minister Bezalel Smotrich wrote in a post on X on Tuesday.
Notice the praise from Netanyahu and Smotrich in there
Tiktok is owned by ByteDance, which is headquartered in China and was founded by Chinese.
Intel is headquartered in the USA and was founded by Americans.Intel is investing in Israel for the same reason other companies like Nvidia do (who just acquired another Israeli startup last month and has 7 R&D centers in Israel). Innovation and talent.
Buying a startup and building a new factory are entirely different.
Intel is investing in israel because the board members and owners are israeli and they are ideologically motivated to support the Apartheid state.
It does not take a genius to realize that making your biggest investment ever in an active war zone where WW3 is likely to pop off is not a great plan. It would be like Russia starting a chip factory in the Donbass.
In any case the stock doesn't fall without reason. And unlike AMD with Ryzen there does not seem to be a magical comeback plan for Intel that is paying off over time. ARC has failed to deliver.
And if we wanna do semantics TikTok is not owned by China either
Nvidia is also currently building their most powerful supercomputer in Israel. And the CEO has also mentioned the Israeli startup Mellanox (which they acquired for 7 billion USD) as an important part of Nvidia's success.
He also said “Israel is home to world-leading AI researchers and developers creating applications for the next wave of AI,” as recently as the end of last year.
Considering that, their startup accelerator program with over 300 Israeli startups, and their 7 R&D centers in Israel (Intel has 4 facilities), I'd say that by your logic Nvidia is much more "pro-Israel" than Intel. And it's number 1 in the OP's article's list.Don't see any Israelis in the board members or owners. Them and the founders all seem to be American. I did see Bangladeshi-born and Malaysian-born Americans on the board.
You're doing semantics with yourself.
I wrote that ByteDance is headquartered in China and was founded by Chinese. Nowhere did I write "owned by China".Oh geez so concidental that Nvidia started pushing for more investments in israel after israeli Michael Kagan became CTO of Nvidia in 2020.
There's definitely no ideological Zionist thing going on here either. Just a great idea to do massive investments in an unstable Apartheid state in the middle east instead of in America itself.
Still the biggest difference here is the amount. A $25 Billion fab is very risky right now and practically ties Intel to israel.