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The dividend yield is now over 5%; how is it possible that they can't give it even a symbolic little cut? If anyone has snark-free information about this story
by Kon-Peki 4y ago
The dividend yield is now over 5%; how is it possible that they can't give it even a symbolic little cut? If anyone has snark-free information about this story I'd love to hear it.
Given the CHIPS Act too-important-to-fail backstop Intel has, this almost seems like risk free money.
- bcrl 4y agoThat would just reinforce the stock price death spiral that is being artificially propped up by the high dividend. What I'm really wondering about is how Intel can afford to build all the factories that government subsidies are being given out around the world. Getting a subsidy on construction and even operating costs can't defray the cost of operating those factories if there are no orders for the product coming out of them. Building a foundry up to the scale of TSMC takes decades, and Intel is not a trusted foundry partner. Just look at what happened with prior Intel foundry attempts with customers like Achronix.