Lee Harris on Twitter
twitter.com
After Congress passed $52 billion CHIPS subsidy:-Micron, which had said it would invest $40b in the U.S. this decade, announced it will cut capital spending-Intel cut its capital spending plans by $4b, but predicts a “growing dividend” for shareholdershttps://t.co/qwXzRx3lG3— Lee Harris (@leee_harris) August 17, 2022

After Congress passed $52 billion CHIPS subsidy:

-Micron, which had said it would invest $40b in the U.S. this decade, announced it will cut capital spending

-Intel cut its capital spending plans by $4b, but predicts a “growing dividend” for shareholders

  • CanYouFeelItMrKrabs [any, he/him]
    ·
    2 years ago

    Yeah I expect them to focus more on R&D. I mentioning sales since they'll have less revenue to but in R&D, even if they manage it wisely