Intel cancels fab investment in Italy and R&D facility in France
    byu/Infamous_Charge2666 inwallstreetbets



    Posted by Infamous_Charge2666

    11 Comments

    1. 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

    2. InitialRevenue3917 on

      why would you build anything in countries that take like 4 hours for lunch and like 3 months off for vacation

    3. Ball_Thrower on

      I sold my options for a loss! Never double dipping with Intel (it will probably go up now).

    4. freshouttabec on

      It’s anyway stupid to build in the EU considering the high taxes on work, and working regulations.

    5. gottatrusttheengr on

      This is more because the shitty work ethic and overregulation in the EU is incompatible with high tech industries

    6. LongliveTCGs on

      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

    7. They are still investing plenty, more then the budget of entire countries ffs ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)

    8. Cancelling loss-making investments sounds bullish, they’ll throw the money into whatever gets the next hype pump

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