Intel debt 50+ billion
Intel cash on hand ~ 20 billion
Free cash flow last year ~ - 15 Billion
I would say layoffs of 29% can’t fixt the debt, cash or the cash flow problem
FUBAR
10 replies (most recent on top)
Bankruptcy like olden malls due to being Amazoned !
Customers can incorporate their own design into ARM/RISC. Intel is frozen in time. Woolly Mammoth like
There is nothing to worry. CCG is the only game in town. What are the customers going to do - design their own chips? Good luck with that.
@af there are no packages
It's all in the presentation of the box.
You just need to ask what is in the box.
Justin would tell you. It's a lovely gift.
But how are they going to pay for all the packages?
LBT has a cure for the financials, which involves lowering the cost structure to make Intel sustainably profitable even if revenue remains at this level.
Plus selling all the non-EUV fabs.
LBT has seen the future and it does not include you.
I would say layoffs of 29% can’t fixt the debt, cash or the cash flow problem
Outsource the C-suite to India would be a start.
We missed you fubar guy!
The level of fubar is plain as day to anyone reading the 10Qs for several years now.
Nothing is going to fix this.
20 years from now kids will be playing hide and seek and laser tag in the decaying intel buildings that have not been occupied for decades.
Not going to lie…. This sounds like fun!