https://www.tomshardware.com/tech-industry/intel-cancels-fab-investment-in-italy-and-randd-facility-in-france-chipmaker-remains-committed-to-other-european-expansions Leave it to Intel to undermine their own growth Intel bag holders UNITE!!! Intel cancels fab investment in Italy and R&D facility in France byu/Infamous_Charge2666 inwallstreetbets Posted by Infamous_Charge2666
rationis on July 22, 2024 1:58 pm Widespread degridation and failure of 13th and 14th gen processors and now fab cancelations? Whatever will they think of next?! This is why they’re still a trading at 20 year old levels lol
InitialRevenue3917 on July 22, 2024 2:04 pm why would you build anything in countries that take like 4 hours for lunch and like 3 months off for vacation
Ball_Thrower on July 22, 2024 2:23 pm I sold my options for a loss! Never double dipping with Intel (it will probably go up now).
freshouttabec on July 22, 2024 2:30 pm It’s anyway stupid to build in the EU considering the high taxes on work, and working regulations.
gottatrusttheengr on July 22, 2024 2:34 pm This is more because the shitty work ethic and overregulation in the EU is incompatible with high tech industries
LongliveTCGs on July 22, 2024 2:56 pm Holy sh’t, wtf INTC, can’t you get anything right goddammit, at this rate, buying at $300 for TSLA will be considered low vs $30 now for INTC
ulumulu23 on July 22, 2024 3:06 pm They are still investing plenty, more then the budget of entire countries ffs ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
sbbawx on July 22, 2024 3:21 pm Cancelling loss-making investments sounds bullish, they’ll throw the money into whatever gets the next hype pump
jus-another-juan on July 22, 2024 3:30 pm Checking in my bags here. Still holding ![img](emote|t5_2th52|4267)
11 Comments
Widespread degridation and failure of 13th and 14th gen processors and now fab cancelations? Whatever will they think of next?!
This is why they’re still a trading at 20 year old levels lol
why would you build anything in countries that take like 4 hours for lunch and like 3 months off for vacation
I sold my options for a loss! Never double dipping with Intel (it will probably go up now).
It’s anyway stupid to build in the EU considering the high taxes on work, and working regulations.
This is more because the shitty work ethic and overregulation in the EU is incompatible with high tech industries
Did they defraud the European chip subsidies?
Holy sh’t, wtf INTC, can’t you get anything right goddammit, at this rate, buying at $300 for TSLA will be considered low vs $30 now for INTC
They are still investing plenty, more then the budget of entire countries ffs ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
Higher dividends incoming
Cancelling loss-making investments sounds bullish, they’ll throw the money into whatever gets the next hype pump
Checking in my bags here. Still holding ![img](emote|t5_2th52|4267)