$Intel(INTC)$ INTC is not going bankrupt, but this latest earnings announcement is nothing new for Intel. It's just Intel being Intel. Intel was one of the first individual stocks I ever bought back in 2001 after the dot com bubble burst. I figured INTC would be one of the first to get its act together. We were still buying lots of Intel based computing devices then. Well that stock floundered for 13 years and then I finally sold it. It did proceed to increase 2x over the next few years. For the most part, this company has been very poorly run since the 90s. Nothing has changed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments