Are you sure they will? They seem to prefer dividend payouts rather than capex on new fabs[1]. Combined with them moving to FCF loss - I think that what you de

Are you sure they will? They seem to prefer dividend payouts rather than capex on new fabs[1]. Combined with them moving to FCF loss - I think that what you described here may be imaginary at best. Given what they said in the last earnings call, a slow IBM-like death seems more likely. 1: https://semianalysis.com/intel-cuts-fab-buildout-by-4b-to-pay-billions-in-dividends-first-net-loss-in-over-30-years-cutting-fab-buildouts-but-committed-to-growing-the-dividend/ https://semianalysis.com/intel-cuts-fab-buildout-by-4b-to-pa...