Good video. Hits on a few beliefs that I have on Intel. Intel wants to be a $TSM, a contract fabricator/manufacturer. But for that to happen, they need to get their own manufacturing house in order. And to do so, it's gonna be costly. Cutting capex for next year doesn't inspire confidence when $TSM is aggressively expanding/spending. IF $INTC can pull off the manufacturing piece, then the opportunity for BILLIONS in new revenue is theirs because there's really only 1 more leading fab player, TSMC. And everyone hates monopolies.
Too big to fail? I want to say I agree. But it's possible that $INTC will have to spin off it's fabs to stay afloat if it can't figure things out. Maybe some other US company steps in buys those fabs and reaps the gov subsidies.
I dunno. I've never been too high on $INTC from a SP appreciation perspective. I actually did buy some puts a day before earnings ($29 strike price) because of this 13th/14th generation Intel processor failure issue. Hoping I can unload those for a nice profit this morning.
Sharks are circling.
www.tomshardware.com
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That dividend suspension is going to hurt near term. How many dividend ETFs are going to drop $INTC because of that?
Quickest $8k I've made.