Intel slashes dividend by 66% - Silicon Valley Business Journal

  • 📰 svbizjournal
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

España Noticias Noticias

España Últimas Noticias,España Titulares

Short on cash, Intel is doing what a Wall Street analyst described as 'inevitable.'

Intel Corp.'s cash position has become difficult enough that the company is slashing its dividend by nearly two-thirds.

Cutting its dividend will give Intel the flexibility to make that investment and undertake the wider transformation CEO Pat Gelsinger has envisioned for it, it said in the press release. Gelsinger has dubbed his plan IDM — integrated device manufacturing — 2.0.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 334. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Wall Street has a higher chance of hitting earnings estimates: Jeremy SiegelJeremy Siegel says earnings estimates on Wall Street have a higher chance of being met as recession risk eases
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »