Apple, Amazon, Google, Salesforce, Qualcomm, and Broadcom all did the same. Why is this unique to Intel in this situation?
Because Intel was in a hole and has no business distributing so much capital they need, when their entire business is basically intense research and 10 year+ investments.
That’s just a small part TBH. They are like a poster child for corporate dysfunction and game of thrones-ish drama in the executive levels.
Still making BILLIONS in profit. I’m not sure what you mean.
You are right, us tax payer should be getting equity in all of them!
Intel example is just pathetic that's why everyone always dunks of it.
Alphane_Moon@lemmy.world 1 day ago
If Apple (or another one of the companies you listed) massively collapsed from their leadership position, it would also be a point of discussion around whether stock buyback was justified.
Mind you, I don’t think nationalisation is likely to help Intel or that it is a desirable outcome, I am just sharing the reasoning.
just_another_person@lemmy.world 1 day ago
What in the world are you talking about? I tel has not “collapsed”?
Alphane_Moon@lemmy.world 1 day ago
By all metrics (product performance, market share, capitalization/stock price) they are in free fall and have been for half a decade.
No need to be overly pedantic.
just_another_person@lemmy.world 1 day ago
Who is being pedantic? I made a single statement of the fact that Intel hasn’t collapsed. Where are you getting your info from?
They still make more money than AMD.
They still make more chip income than Huawei.
How have they collapsed?