Intel (INTC) has become a big focus on Wall Street. First, it was The Wall Street Journal report that Qualcomm (QCOM) approached the company about a...
Spear Invest founder and CIO Ivana Delevska says there are two parts to Intel 's story. One is the foundry business, she describes as"tough" and"requires significant capital investment." The other part is the processor business, which she thinks could be more easly turned around.
The company has had many years of mis execution and missteps in terms of product innovation, So now we are at a point where the data site centre cycle is kicking off. The question here is that once you drop the ball on the technology side, it's very difficult to catch up because everybody is investing pretty aggressively in this space.So they definitely need the cash.The cash part of the story is pretty important.But there's also the the stock, and we just had a chart showing just the degree of downward pressure that the stock has experienced.
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