farcaster@lemmy.world to Technology@lemmy.worldEnglish · 1 month agoIntel Announces Retirement of CEO Pat Gelsingerwww.intc.comexternal-linkmessage-square108fedilinkarrow-up1371
arrow-up1371external-linkIntel Announces Retirement of CEO Pat Gelsingerwww.intc.comfarcaster@lemmy.world to Technology@lemmy.worldEnglish · 1 month agomessage-square108fedilink
minus-squareDiplomjodler@lemmy.worldlinkfedilinkEnglisharrow-up21·1 month agoThat’s probably the real reason. He was going to invest all that money instead of doing more stock buybacks. What an idiot!
minus-squareCmdrShepard42@lemm.eelinkfedilinkEnglisharrow-up5·1 month agoWith the CHIPS Act funding they can’t do stock buybacks.
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up8·1 month agoIt just frees up other money for buybacks that they would have had to waste on R&D.
That’s probably the real reason. He was going to invest all that money instead of doing more stock buybacks. What an idiot!
With the CHIPS Act funding they can’t do stock buybacks.
It just frees up other money for buybacks that they would have had to waste on R&D.