@farcaster@lemmy.world to Technology@lemmy.worldEnglish • 1 year agoIntel Announces Retirement of CEO Pat Gelsingerwww.intc.comexternal-linkmessage-square134fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkIntel Announces Retirement of CEO Pat Gelsingerwww.intc.com@farcaster@lemmy.world to Technology@lemmy.worldEnglish • 1 year agomessage-square134fedilink
minus-squareDiplomjodlerlinkfedilinkEnglish0•1 year agoThat’s probably the real reason. He was going to invest all that money instead of doing more stock buybacks. What an idiot!
minus-square@CmdrShepard42@lemm.eelinkfedilinkEnglish0•1 year agoWith the CHIPS Act funding they can’t do stock buybacks.
minus-square@ikidd@lemmy.worldlinkfedilinkEnglish0•1 year agoIt just frees up other money for buybacks that they would have had to waste on R&D.
minus-squaresunzu2linkfedilink0•1 year agothe fact that you have to explain to people that money is fungible…
minus-square@ikidd@lemmy.worldlinkfedilinkEnglish0•1 year agoWell, at least one stupid fucker disagrees with that idea…
That’s probably the real reason. He was going to invest all that money instead of doing more stock buybacks. What an idiot!
With the CHIPS Act funding they can’t do stock buybacks.
It just frees up other money for buybacks that they would have had to waste on R&D.
the fact that you have to explain to people that money is fungible…
Well, at least one stupid fucker disagrees with that idea…