Now this make sense on why the old CEO was ousted. Foundry was his baby and he probably fought the board on spinning off the Foundry business. I guess everyone is too impatient to wait for unconfirmed success. quarter after quarter bleed can be very painful and draining. Upward trend from now on!! 🤞🏻
Intel Exec Says Complete Separation of Foundry and Product Business Is "an Open Question"
The new board members that have experience in both chip design and chip manufacturing will help the board choose the right CEO candidate that has both experience in DESIGN and FOUNDRY. Smart board inclusion and I think if we look at the bigger picture, the company is heading the right direction. CEO needs to be alinged with the Board or they will spend good energy fighting. Lets look forward to a good CEO. Coming soon!
Intel Corporation (INTC) Explores External Candidates for CEO Role, Including Marvell’s Matt Murphy and Ex-Cadence CEO Lip-Bu Tan
This is a situation whereby there are blood on the streets and money is to be made. I remain a strong buy. TAN Lip Bu is a good candidate. Initial backer of Amberella, a power play company, I'm certain he can do wonders with Intel.
Intel Considers Outsiders for CEO, Including Marvell’s Head
$Alibaba(BABA)$ I think we need to understand why PDD's outlook is very bleak. It is because PDD is starting to lose market share to Alibaba and JD. Alibaba has been investing heavily in AI so as to improve on its customer acquisition and customer experience and it is showing to work. PDD is way behind on this aspect. Further more, Alibaba has diversified into other business segments, such as DATA centers and AI, which PDD lacking behind. Objectively, BABA is a different company compared to PDD. so bleak outlook from PDD should not constitute to a heavy drop in share price of Alibaba