Mission Accomplished?
didn't they get like $10 billion from the chips act that they wasted on stock buybacks
Yeaaa. The US govt tried to destroyed China chip industry just for intel to do this, hilarious
I don't think that money was distributed yet. But Intel has been doing buybacks recently
Intel decks around for a dickade and has nothing to show for it
:shrug-outta-hecks:
Despite the loss, the company paid out $1.5 billion in dividends.
Bougies get 1.5billion.
Workers get a slap on the arse "Thanks for your time, so sorry it turned out this way!"
Damn. My company just announced layoffs today, took out 5% of employees. Thankfully I survived but it was the first layoffs I’ve ever faced personally. Really feel bad for those folks who were let go
Price gouging to the point that people just stop buying stuff