Thread regarding Intel Corp. layoffs

Intel, Pinched by Losses, Sells Stake in Chip Designer Arm

https://finance.yahoo.com/news/intel-pinched-losses-sells-stake-214713024.html

Though the sale of Arm shares may have provided a windfall, the company still reported a net loss of $120 million on its equity investments in the period.

Intel made money on ARM but somehow still lost 120M in the period LOL.
Clown car management.

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Post ID: @OP+1u0nScvm

6 replies (most recent on top)

The stupidity of Intel is such they’re forced to sell the one thing that might increase in value after some time while digging holes for themselves! Fubar!

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Post ID: @rgo+1u0nScvm

FUBAR!!

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Post ID: @cek+1u0nScvm

It's only my left ARM though ! Got to fend of the debt collector wolves !

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Post ID: @hdt+1u0nScvm

“Clown car management.” - LOL!!

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Post ID: @yzy+1u0nScvm

“Smart capital”..

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Post ID: @cyx+1u0nScvm

Now we can say we lost an arm and a leg!

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Post ID: @xho+1u0nScvm

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