Intel shareholders have lost roughly 38% of their money. A $300 investment then would now be worth just $186.
That sums up Pat's tenure at CEO. That's even after successfully lobbying Uncle Biden into giving up tens of billions of US taxpayer money to a losing team. Intel is the tech equivalent of a DEI welfare queen.
Meanwhile Jensen at NVDA would have turned your $300 into $2,100.
https://www.fool.com/investing/2024/05/24/if-youd-invested-300-in-intel-stock-3-years-ago/
Who cares as long as we the elites are collecting millions of dollars for talk show
April fool is over. Intel stock is down but it isn't out yet. 100K employees are still baking potato chips for sale to fool id--ts.
Intel is over.
Yet you still work there.
The cognitive dissonance is real.
I recently dumped what few INTC shares I had left at a loss. But that's OK, those capital losses will help offset the insane gains I've made from re-investing RSU's/ESPP's into NVDA years ago when INTC was much higher and NVDA much lower.
Intel is over.