Intel $INTC will invest $1.2 billion in Costa Rica over the next two years, the company said. The announcement comes after the U.S. State Department said in July that it would work with the Costa Rican government to support Costa Rica's semiconductor sector through the Chip and Science Act through 2022.
The results are fine and it looks like the company could finally really start to thrive.
Intel Corp $INTC said its manufacturing division will operate as a separate unit and start generating margin!
But the company did not announce a new external customer for this business as part of its foundry services (foundry = a manufacturing facility that makes chips for other companies), a key part of Intel's turnaround plans in which it will offer its manufacturing services...
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Could it be that Intel doesn't belong in the old world after all? I would also rather bet on a comeback. The $20 billion sounds good.
For me it's more Intel, AMD seems overpriced to me. Let's see how Intel can handle the fight with other chipmakers and how it manages to develop its network of manufacturing factories around the world.
It's finally here! All you Intel $INTC investors, take heart 👇
Germany will provide U.S. chipmaker Intel with a 10 billion-euro ($10.91 billion) subsidy for its planned factory in Magdeburg, a source familiar with the matter said, capping months of talks on the project that is expected to be worth around 30 billion euros.
...AI! The most talked about topic in the investment world lately. We had a crazy tech rally during covid. When the pandemic ended, inflation and interest rates rose and the tech. mega rally was extinguished.
Now we have a new rally!
ChatGPT has left investors feeling exuberant. And a new rally is in full swing as all sorts of future AI opportunities are priced in.
That's why I've...
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Nicely summed up and I'll join the Applaks here 😂 I also think they'll come up with something later when it's a blast
I really like the way Intel is changing and will have to take a closer look at this company :)