I expect the real issue here is that Cotton doesn’t abide by having a non-white CEO at the helm of a good ol’ American company. That said, Cadence was caught with their pants down, and should be punished accordingly.
I expect the real issue here is that Cotton doesn’t abide by having a non-white CEO at the helm of a good ol’ American company. That said, Cadence was caught with their pants down, and should be punished accordingly.
If Apple (or another one of the companies you listed) massively collapsed from their leadership position, it would also be a point of discussion around whether stock buyback was justified.
Mind you, I don’t think nationalisation is likely to help Intel or that it is a desirable outcome, I am just sharing the reasoning.
What in the world are you talking about? Intel has not “collapsed”?
By all metrics (product performance, market share, capitalization/stock price) they are in free fall and have been for half a decade.
No need to be overly pedantic.
Who is being pedantic? I made a single statement of the fact that Intel hasn’t collapsed. Where are you getting your info from?
They still make more money than AMD.
They still make more chip income than Huawei.
How have they collapsed?
Intel annual net income for 2024 was $-18.756B, a 1210.48% decline from 2023. Intel annual net income for 2023 was $1.689B, a 78.92% decline from 2022. Intel annual net income for 2022 was $8.014B, a 59.66% decline from 2021.
Stop asking dumbass chatbots for your info. This is wrong: https://m.macrotrends.net/stocks/charts/INTC/intel/revenue