INTEL
📉 Intel's most recent drop, reported on August 1, 2024, was due to troubling announcements the company revealed layoffs, dividend cuts, and a challenging recovery plan meanwhile, AMD continues to gain ground, increasing its revenue and capitalizing on Intel's mistakes.
💸 Years of poor management, technological setbacks, and lack of innovation have reached a critical point, AMD once the budget option, is now gaining market share over Intel as part of its recovery strategy, Intel plans to
1️⃣ Reduce spending on research, marketing, and administration from $20 billion in 2024 to $17.5 billion in 2025 a 12.5% decrease and even more in 2026, including a 15% reduction in its workforce.
2️⃣ Lower capital expenditures by 20% in 2024 and save $1 billion in sales costs in 2025.
3️⃣ Suspend the company’s dividend.
🤔 At first glance, this all seems pretty serious, and it is but these are the tough calls Intel has to make to tackle its current situation.
🕹️ At the same time, Intel and TSMC are in a competition with their new chips Intel aims to launch its 18A chip before TSMC N2, which would be a significant achievement given its recent performance, although TSMC will likely maintain its leadership in performance and efficiency until 2026, Intel is doing everything it can to catch up, these improvements could help Intel regain market and generate more revenue by opening its factories to other customers, even if that might not be as profitable as making its own chips.
📊 Graphic
Intel
INTC reached a peak of $68.67 in April 2021, but then suffered a -64% drop to $24.47 from there, it experienced an impressive +106% rebound, reaching $51.31 in 15 months, only to fall again by -63% to $19.01, a level not seen since April 2013, over 11 years ago.
📐 Indicators
RSI = 30.36
MACD = Fast length -3.36 Slow length -2.80
Do you think these decisions will help Intel regain its market leadership?
📉 Intel's most recent drop, reported on August 1, 2024, was due to troubling announcements the company revealed layoffs, dividend cuts, and a challenging recovery plan meanwhile, AMD continues to gain ground, increasing its revenue and capitalizing on Intel's mistakes.
💸 Years of poor management, technological setbacks, and lack of innovation have reached a critical point, AMD once the budget option, is now gaining market share over Intel as part of its recovery strategy, Intel plans to
1️⃣ Reduce spending on research, marketing, and administration from $20 billion in 2024 to $17.5 billion in 2025 a 12.5% decrease and even more in 2026, including a 15% reduction in its workforce.
2️⃣ Lower capital expenditures by 20% in 2024 and save $1 billion in sales costs in 2025.
3️⃣ Suspend the company’s dividend.
🤔 At first glance, this all seems pretty serious, and it is but these are the tough calls Intel has to make to tackle its current situation.
🕹️ At the same time, Intel and TSMC are in a competition with their new chips Intel aims to launch its 18A chip before TSMC N2, which would be a significant achievement given its recent performance, although TSMC will likely maintain its leadership in performance and efficiency until 2026, Intel is doing everything it can to catch up, these improvements could help Intel regain market and generate more revenue by opening its factories to other customers, even if that might not be as profitable as making its own chips.
📊 Graphic
Intel
INTC reached a peak of $68.67 in April 2021, but then suffered a -64% drop to $24.47 from there, it experienced an impressive +106% rebound, reaching $51.31 in 15 months, only to fall again by -63% to $19.01, a level not seen since April 2013, over 11 years ago. 📐 Indicators
RSI = 30.36
MACD = Fast length -3.36 Slow length -2.80
Do you think these decisions will help Intel regain its market leadership?
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