Thread regarding Intel Corp. layoffs

Intel close to being cut from the Down Jones Industrial Average. Shocker.

And the hits just keep on coming... Intel was added to the index in November of 1999.

According to Yahoo!, "As of Tuesday, Intel's share price of $37.88 accounted for only 249.23 Dow points. The company's struggle to adapt to a cloud computing-centric environment and modest losses in market share to key competitors like Advanced Micro Devices (NASDAQ:AMD) or Nvidia (NASDAQ:NVDA) could lead to its removal from the index."

source: https://finance.yahoo.com/news/potential-shakeup-dow-jones-walgreens-080043419.html

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Post ID: @OP+1oG3rPTw

3 replies (most recent on top)

Intel will be like Kodak

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Post ID: @3ubp+1oG3rPTw

Intel is an afterthought. It's just an Indian H1B consultancy at this point.

Make it WIITCCH
Wipro, Infosys, Intel, Tata, Cisco, Cognizant, HCL

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Post ID: @2ron+1oG3rPTw

Is this why it dropped more than 4% today?

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Post ID: @1anx+1oG3rPTw

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