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Re: Intel

By: De_Composed in 6TH POPE | Recommend this post (0)
Fri, 30 Aug 24 5:15 PM | 23 view(s)
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Msg. 57424 of 60008
(This msg. is a reply to 57417 by CTJ)

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CTJ:

Re: “Its 52 week is $51-$18 and its now around $21.”
Huge layoffs.

Intel was mortally wounded years ago when it decided against making the processors for cell phones. It had no idea that the phone market would be so big, or that it would quickly overtake the PC processor market. NVDA and AMD are kicking Intel's butt these days.

My son worked for Intel last year. This year I had a conversation with him and told him how fortunate he was that it was only a summer internship - "because if it had been a real job, they'd probably be letting you go now."

It's funny that you're bringing this up today - when INTC is up almost 10%.






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The above is a reply to the following message:
Intel
By: CTJ
in 6TH POPE
Fri, 30 Aug 24 4:27 PM
Msg. 57417 of 60008

What happened to INTC? Its 52 week is $51-$18 and its now around $21.
I haven’t followed it.


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