- more layoffs ?
- INTC files bankruptcy?
- PG steps down?
- Design and manufacturing separated
7 replies (most recent on top)
Big restructuring will occur almost by default, the layoffs, demand collapse, and need to prop up the share price will force some change on those fronts. Without vision it’s just rearranging deck chairs though.
Otherwise I agree with the people who predict that Intel will continue to twist in the wind. Even if PG had a workable strategy (and he doesn’t) I don’t think he’d last long enough in the job to implement it. Not with results like this.
Bankruptcy as Pat’s ego is preventing him to do required mass layoffs.
End of Intel as we know it. it is ripe for getting partitioned to unlock “value”. Will happen late 2023 or early 2024.
Intel BOD and Pat have no strategy that will work and thus no decision will be made, just more FUBAR like the last decade
None of the options, those decisions would need leadership and backbone. More of the same, intel languishes while the competition gains.
Any and all of that is possible. We are in deep s—-.
Intel will have to cut the dividend immediately... $42B in debt that will have to roll at higher rates... $B of losses in 2023. This even after Intel played accounting tricks and will extend fab equip life to 8 years from 5 years. So 39% GM would have been 36% without the tricks.
Company won't go bankrupt but you can kiss IFS strategy goodbye.