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From: John Larkin <jjlarkin@highlandtechnology.com>
Newsgroups: sci.electronics.design
Subject: Re: Intel
Date: Mon, 05 Aug 2024 09:30:50 -0700
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On Mon, 05 Aug 24 16:10:54 UTC, bitrex <user@example.net> wrote:

>On 8/5/2024 11:26 AM, John Larkin wrote:
>> On Mon, 05 Aug 24 04:42:24 UTC, bitrex <user@example.net> wrote:
>> 
>>> On 8/3/2024 5:47 PM, John Larkin wrote:
>>>> On Sat, 03 Aug 2024 17:18:33 -0400, Joe Gwinn <joegwinn@comcast.net>
>>>> wrote:
>>>>
>>>>> On Sat, 03 Aug 2024 12:32:23 -0700, John Larkin
>>>>> <jjlarkin@highlandtechnology.com> wrote:
>>>>>
>>>>>> https://www.nextplatform.com/2024/08/02/the-resurrection-of-intel-will-take-more-than-three-days/?td=rt-3a
>>>>>>
>>>>>> Looks like they wrecked Altera.
>>>>>
>>>>> And hung onto the Intel '86 architecture a tad too tightly, for far
>>>>> too long.
>>>>>
>>>>> Joe Gwinn
>>>>
>>>> Yes, it's an ancient dog. It's immensely complex to push the X86
>>>> architecture for speed, hence the power consumption and all the bugs.
>>>>
>>>
>>> This poor bugger:
>>>
>>> <https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_bought_700k_worth_of_intel_stock_today/>
>>>
>> 
>> Since its peak in 2024, Intel stock has lost 2/3 of its value.
>> 
>> 
>> 
>
>About 1/3rd of that in the past 3 days..

Sorry, I meant 2022. 

Intel is like Kodak and Polaroid and Xerox, fixated on their own aging
technology. Intel missed the boat big-time on EUV, so it's hilarious
that they project big revenues in the foundry business.

Intel has done $152 billion in stock buybacks, instead of investing in
their own business. Now they need government subsidies.

https://www.commondreams.org/opinion/intel-subsidy-chips-act-stock-buyback