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Once accountants started to run this ship, they sailed onto rocky shores. Profits should be used for research, instead they wasted ~~100 billion on stock buy-ba
by aurizon 2y ago
Once accountants started to run this ship, they sailed onto rocky shores. Profits should be used for research, instead they wasted ~~100 billion on stock buy-backs to keep the funds happy. Those billions, if spent on research, might have kept them off the rocks.
- whatever1 2y agoDepends on your scope. From an intel perspective it would be wise to keep their cash, and maybe they would be in a better position today. From a market perspective we unlocked 100B and pumped them to other companies for example Apple, tsmc, nvidia etc or IPO’ed new ones. These seemed to achieve better multipliers on the capital hence as a whole we are better off (theoretically). Now of course all of these are on the macro level. If you look closely the collapse of Intel would cause severe disruption both on the business and on the geopolitics fronts.