farcaster@lemmy.world to Technology@lemmy.worldEnglish · 3 months agoIntel Announces Retirement of CEO Pat Gelsingerwww.intc.comexternal-linkmessage-square117fedilinkarrow-up1387arrow-down14cross-posted to: [email protected][email protected][email protected]
arrow-up1383arrow-down1external-linkIntel Announces Retirement of CEO Pat Gelsingerwww.intc.comfarcaster@lemmy.world to Technology@lemmy.worldEnglish · 3 months agomessage-square117fedilinkcross-posted to: [email protected][email protected][email protected]
minus-squareDiplomjodler@lemmy.worldlinkfedilinkEnglisharrow-up23arrow-down1·3 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-up5·3 months agoWith the CHIPS Act funding they can’t do stock buybacks.
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·3 months agoIt just frees up other money for buybacks that they would have had to waste on R&D.
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.