this post was submitted on 05 Apr 2025
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Citi: "Intel Foundry Has Proven Over [The] Years It Cannot Compete With TSMC, And Forcing A Company To Use Vastly Inferior Manufacturing Would Destroy Shareholder Value" (wccftech.com)
submitted 2 months ago by [email protected] to c/[email protected]
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[–] [email protected] 13 points 2 months ago

Funny, I'm opposed to the tariffs, and nationalism in general since globalism is simply more humane, but losing shareholder value is just fine in my book. Intel is grossly overvalued, and their participation in weapon component manufacturing reduces any sympathy to zero.

https://www.manufacturingdive.com/news/intel-3-billion-award-secure-enclave-national-security-defense-chips-act/727163/

I do, however, have sympathy for the people who have their retirement in stocks which will inevitably include Intel, and for the employees, especially the underpaid.