4 ms·
Intel had profits of $20B last year. They could easily build a new modern fab every year if they wanted to. But it makes more sense for them to spend tax paye
by ZetaZero 4y ago
Intel had profits of $20B last year. They could easily build a new modern fab every year if they wanted to. But it makes more sense for them to spend tax payers money instead.
- thfuran 4y agoEasily as in "if they feel like wiping out all their profits", which is not really how public companies tend to feel.
- 01100011 4y agoAmazon went years basically making no money because they were reinvesting and in a growth stage. Intel could do the same. They just need to convince investors of the new narrative. Wall Street doesn't demand profits if you deliver promises.
- BeetleB 4y ago> They could easily build a new modern fab every year if they wanted to. And they are, and have always been.