JimmyHua
04-16

$Intel(INTC)$

While the sale provides immediate capital, Intel's decision to divest a majority stake in Altera raises questions about its long-term strategy. Altera's 2024 performance, with $1.54 billion in revenue and $35 million in adjusted operating income, indicates potential that Intel might be relinquishing too soon. Additionally, the sale price reflects a significant devaluation from the $16.7 billion Intel paid in 2015, suggesting a possible misstep in maximizing asset value.

Intel Beats Sales! Above $40, Smooth Sailing Ahead?
Intel reported better-than-expected third-quarter sales, signaling that demand for its core x86 processors for PCs has recovered.Revenue: $13.65 billion versus $13.14 billion estimated EPS: 23 cents, adjusted, not comparable to analyst estimates The report is Intel’s first since the U.S. government became the company’s top shareholder in August with a 10% stake.
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Comments

  • Enid Bertha
    04-19
    Enid Bertha
    This year, Intel will be the first to reach mass production with next-gen chip technologies – Ribbon FET and backside power – as part of our 18A tech, signifying Intel’s leadership in process technology
  • Merle Ted
    04-19
    Merle Ted
    Intel trading at less than two times revenue. Book value $23.00. CEO Lip-Bu Tan leaning into foundry and AI products.
  • AaronJe
    04-16
    AaronJe
    Interesting decision
  • AfraSimon
    04-16
    AfraSimon
    Interesting thoughts
  • tiger_cc
    04-16
    tiger_cc
    Thanks for sharing.
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