3 ms·
> Anyway, now they are a taxpayer’s problem, for the same reason that Boeing is. And the same way as Boeing, Intel spent a fucking lot of money doing stock buy
by piva00 2y ago
> Anyway, now they are a taxpayer’s problem, for the same reason that Boeing is.
And the same way as Boeing, Intel spent a fucking lot of money doing stock buybacks.
Looking back at the charts it's to the tune of US$ 14bi just in 2020, another US$ 13bi in 2019, US$ 10bi in 2018 and the trend continues into 2011, a brief respite during the 2008-2010 crisis period.
US$ 152bi has been spent by Intel since 1990 in stock buybacks but the largest share of it is from the past 10-15 years.
- Panzer04 2y agoWhile that is true, Intel has probably spent more on R&D than all of their competition put together. That they still fell behind is indicative of their failure to execute, but it's not for lack of spending.