this post was submitted on 08 Nov 2024
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Intel has gone full bean counter mode, they are financialized around the world and back again trying to coast on legacy systems and monopoly power. They pocketed the CHIPS Act cash, mostly turning it into financial shenanigans rather than productive capacity.
In theory they could turn it around but it's difficult to know how precarious their operation is, it jist has all the warning signs that it could be taken out by vultures.
I feel like they might get bailed out again >.>