"After two sets of disastrous quarterly earnings the company’s market value has shriveled to $84bn, less than the value of its plants and equipment, from over $210bn in January."
That's scary.
Fabs are so insanely expensive now. US$1 billion to US$4 billion each. Without the money to keep up, Intel becomes a niche player.
Comments
"After two sets of disastrous quarterly earnings the company’s market value has shriveled to $84bn, less than the value of its plants and equipment, from over $210bn in January."
That's scary.
Fabs are so insanely expensive now. US$1 billion to US$4 billion each. Without the money to keep up, Intel becomes a niche player.