FILE PHOTO: An Intel computer cup logo is shown during opening day of E3, the annual video games expo revealing the latest in gaming software and hardware in Los Angeles, California, U.S., June 11, 2019. REUTERS/Mike Blake
Intel plunged 15% after CEO Bob Swan told investors on a conference call late on Thursday that Intel’s new 7 nanometer chip technology was six months behind schedule and that Intel may pay other manufacturers to produce its chip designs. “This, our 45th Intel earnings call, was the worst we have seen in our career covering the company,” Bernstein analyst Stacy Rasgon wrote in a client note, cutting his Intel rating to “underperform”.
Intel Management is poor. Over the years it has let its leading position in Core Processor Technology erode. Losing Market share to Rivals like ARM, AMD and Nvidia. Its time for Intel Board to find new Management talent. intel AMD nvidia
Save humanity and heritages!
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Intel offers disappointing Q3 earnings guidanceThe company again gave full-year guidance after pulling it one quarter ago. It’s $AMD‘s turn boy 💯 they r getting their azz kicked by all their competitors
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks making the biggest moves midday: Advanced Micro Devices, Tesla, Intel & moreThese are the companies making headlines in midday trading. Intel, I’ve owned it since 1984. I’ve had many heart breaking down days. Few euphoric days owning this stock. Yet it has made me money and continues to do so. Perhaps management at the top needs a scientist rather than a banker. What a waste of resources. Very soon many unemployed and underpaid people will not be able to afford devices and vehicles. Watch out for the second wave and the undertow.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Wall Street slides as Intel dives, earnings and pandemic weighWall Street retreated on Friday as weak earnings sparked a pre-weekend selloff that was also fed by surging coronavirus cases and geopolitical uncertainties. The Trump virus takes a bellyflop all over Wall Street. But at least they are wearing a mask (whilst they watch the economy tank). Yeah well, the Physics involved in the manufacturing and Chip Performance requirements are very hard to meet when we're talking about 7nm die. The market will do what the market will do, but as we try to pierce the 7nm limit we run into the limits of the nature of e- / p+ flow.
La source: Reuters - 🏆 2. / 97 Lire la suite »