Intel CEO goes home and not just this the stock didn’t move since the last 2 years so much and Robert (Bob) Holmes goes home in February 2021, not for that for more and let’s see why?
Intel (INTC) acquired Israeli company Mobileye for 16B$ Why? some say it worth much less than 4B$ it will take more than 25 years for Mobileye tech to return on profit. Yes, Intel wanted to go into all vehicle fiasco but this jump to some new tech that Intel doesn’t have any connection to this was really strange and we can ask maybe someone got money under the table?
Another BIG question is where are your tech in mobile phones, you jump to cars but you can easily provide tech for the mobile industry while HUGE friend Apple stopes to work with Intel processors and will eat up its tech and long past patents! it’s such a huge mistake as also more and more other companies like Qualcomm and AMD always brings something new Intel stack on 7nm ISSUE!
We love this company and all that it brought us in the last 40-50 years but it may step down to be elephant stock. INTC was 50-60$ before the pandemic and the same right now while almost all other stocks jump up at least 40% one example QCOM – Qualcomm stock was 50-70 pre-pandemic and now its 150$ same NVDA- Nvidia company that also acquired Israeli tech for Billions (but it makes a really good investment on a company that immediately they sell there’s tech).
Soo Intel please come back and VMWare CEO Pat Gelsinger we wish you good luck and big success in new title The CEO of one of most beloved tech giants Intel.
Even with today +7% we wont see something new yet but we also tell because now all from home we still have to buy pc’s.