Don't assume that increased R&D spending leads to better products and/or reduced time to market, at least quickly. There are consistent signs of technical decl

Don't assume that increased R&D spending leads to better products and/or reduced time to market, at least quickly. There are consistent signs of technical decline at Intel, and "reviewing" underperforming units into oblivion is likely to drain away talent and destroy more value faster. EDIT: other comments point out that Intel is sitting on an awful lot of cash. It can be safely assumed that Intel is spending as much as possibly useful on R&D and that their results are limited by talent and strategic choices, not by cheapness.