2 ms·
Poking around it looks like Intel announced a plan for $10 billon worth of stock buybacks recently. If that's true this isn't "going all in on your core busines
by willcipriano 6y ago
Poking around it looks like Intel announced a plan for $10 billon worth of stock buybacks recently. If that's true this isn't "going all in on your core business" and instead more like going all in on your share price.
- mythz 6y agoA bit of both, from their announcement [1]: "For Intel, this transaction allow us to further prioritize our investments in differentiated technology ... and deliver attractive returns to our stockholders." [1] https://newsroom.intel.com/news-releases/nand-memory-news/ https://newsroom.intel.com/news-releases/nand-memory-news/