Intel folks are seriously celebrating losing money but due to bookkeeping making it appear profitable. Keep Believing sheep
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All the chips are on a certain scenario. If that scenario doesn’t happen, it’s over like Enron y’all.
Generate $1B in operating cash... on shrinking gross margin...
Spend $13B on property plant and equipment...
Anything that isn't generating cash other then IFS will be heaved overboard...
Only way the ship stays afloat is to generate some IFS margin (not revenue folks...)...
I wouldn't bet on it.
Who was in the kitchen cooking? :)
That 15k is only 50% of what is required
After 15k ppl layoffs we will be saving lime 3B a year. That should help to keep costs down
Is your behind itching OP?