Intel really needs cash
https://www.tipranks.com/news/intel-nasdaqintc-fire-sale-continues-dumps-arm-holdings-stock#google_vignette
9 replies (most recent on top)
Maybe they are getting ready to break the company into two pieces and want to divest of assets?
Did you know Intel Capital invest or give their money to AI startup companies in China? Dud … I think Jim Cramer should put in his boxing gloves and punch Intel leaders in the faces for taking tax payer money and layoffs money to do business in China. Hahahaha … Intel is ripping off American for China AI startup companies.
Cramer weighs in
https://m.youtube.com/watch?v=RVysboAIMVE
It’s a strange move, very strange. Which clown will benefit most from this?
Not surprising how desperate Intel is for cash at the moment. Time is of essence. I am sure under normal circumstances, they would have bought more Arm shares instead. This is so ironic! Intel obviously believes in the success of ARM.
Was discussed here @OP+1u0nScvm
Clown car management as they still managed to lose money in equity investments this quarter (120M).
Intel going bankrupt. Next up will be selling Intel assets. Ship sinking fast.
Desperation.
Did they have any company jets? Hope they sold that first.
So.