Another opportunity missed.
Intel could have bought Nvidia 15-20 years ago, but instead decided - Fvvk it, we’ll build our own GPUs.
AMD had the vision to buy ATI.
Why does Intel always make the wrong decisions? It’s freakishly bad.
Meanwhile, Nvidia just increased Q on Q revenue by 50% and it well on their way to obliterate Intel’s revenue numbers.
It’s just so embarrassing.
Intel didn't buy NVIDIA for one big reason - ego. In the strategic make vs buy, the execs in charge thought they could do it themselves and not relinquish the CEO role.
Intel acquired Nvidia 15 years ago would make Nvidia a failed entity, and probably slow down the development of AI for 1 decade.
https://www.cnbc.com/2023/05/24/stock-market-today-live-updates.html
This analyst doesn't think INTC is even in the ballpark, much less in the game. AMD is at least looked at as a possible challenger to NVDA.
It’s a good thing Intel didn’t buy Nvidia. They would have screwed it like many other acquisitions, while now the world can benefit from Nvidia’s products.
Remember BS's Path to 300 in market cap? Or BK's Virtuous Cycle of Growth?
INTC's market cap is now treading water above 110B. AMD close to 200B. NVDA close to 1000B.
Stick a fork in the INTC turkey. PG is not Silicon Jesus. Just a pretender like all those INTC execs that came before him and still surround him.
You just heard The Prayer for the Dead, my fellow stockholders, and you didn't say, "Amen." This company is dead. I didn't ki-l it. Don't blame me. It was dead when I got here. It's too late for prayers. For even if the prayers were answered, and a miracle occurred, and the yen did this, and the dollar did that, and the infrastructure did the other thing, we would still be dead. You know why? New technologies. Obsolescence. We're dead alright. We're just not broke. And you know the surest way to go broke? Keep getting an increasing share of a shrinking market.
They bought many many Israeli startups. The concentration makes one wonder.
The best financial decision I made in my life was to liquidate my INTC RSUs as a big FU to the company when I checked out around the end of BK's tenure and invest in mostly in NVDA and some in AMD. Thank you BK for showing me the way! Almost as good as following Pelosi's trades.