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submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 23 points 5 months ago (1 children)

That's probably the real reason. He was going to invest all that money instead of doing more stock buybacks. What an idiot!

[–] [email protected] 5 points 5 months ago (1 children)

With the CHIPS Act funding they can't do stock buybacks.

[–] [email protected] 9 points 5 months ago (1 children)

It just frees up other money for buybacks that they would have had to waste on R&D.

[–] [email protected] 2 points 5 months ago (1 children)

the fact that you have to explain to people that money is fungible...

[–] [email protected] 2 points 5 months ago

Well, at least one stupid fucker disagrees with that idea...