farcaster@lemmy.world to Technology@lemmy.worldEnglish · 5 months agoIntel Announces Retirement of CEO Pat Gelsingerwww.intc.comexternal-linkmessage-square142fedilinkarrow-up1386arrow-down14
arrow-up1382arrow-down1external-linkIntel Announces Retirement of CEO Pat Gelsingerwww.intc.comfarcaster@lemmy.world to Technology@lemmy.worldEnglish · 5 months agomessage-square142fedilink
minus-squareDiplomjodler@lemmy.worldlinkfedilinkEnglisharrow-up23arrow-down1·5 months 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-up5·5 months agoWith the CHIPS Act funding they can’t do stock buybacks.
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down1·5 months agoIt just frees up other money for buybacks that they would have had to waste on R&D.
minus-squaresunzu2@thebrainbin.orglinkfedilinkarrow-up2arrow-down1·5 months agothe fact that you have to explain to people that money is fungible…
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up2·5 months agoWell, at least one stupid fucker disagrees with that idea…
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.
the fact that you have to explain to people that money is fungible…
Well, at least one stupid fucker disagrees with that idea…