Intel's traditional business hasn't grown fast enough to cover its manufacturing costs: Chris Caso
Chris Caso, Wolfe Research senior analyst, joins 'Squawk Box' to discuss Intel's quarterly earnings results, the company's weak guidance, semiconductor production outlook, and more.
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MICRON is coming to Central New York State, north of Syracuse to build its microchip factory. Micron requires over 20 Million Gallons of Fresh Water per Day. There is no infrastructure, no electrical grid or power plant, need to build a 50 to 60 miles water pipeline from Lake Ontario, more housing, build a new small community, meanwhile, New York State Government and the U.S. Government (Feds) and the Biden administration fronts the bill aka $Billions to start everything using U.S. Taxpayer's monies, not Micron. It is going to be an environmental disaster, cause ruckus and havoc, displace natural habitat- wildlife, produce toxins and pollutants, destroy the ecosystem, corrupt the local economy as Cost Of Living increases, more traffic and CO2, and the list goes on. We do not need Micron. Tax Breaks and subsidies given to Micron. Nothing to the citizens of the United States or New Yorkers. We'll get a few jobs for local central New Yorkers, most all the others hired from outside NYS and OUTCONUS. The Politicians make special interest money and wealth and hope to get more votes to stay in office, the Wealthy become richer, and Micron profits from stealing from the American people. It is like we are paying Micron to make its presence in the U.S. while taking our money. Meaning, Micron never has to pay a cent. The Micron $100 Billion project is a huge mistake as it is an enormous win for them and a record-breaking loss for the USA. Pinocchio Biden the marionette for the Democrat-Liberal party and his support group of political cronies came to Syracuse, NY on Thursday, April 25, 2024. Giving CNY more of an earful of B.S.
Negative trolls commenting. Support your country and the ambition of the USA to achieve these massive goals
*Buy Rating equal weight*
Lisa Su should offer Intel $10 and call it a day?
@jackchoy6969
Ай бұрын
Lisa Su would not be interested in the capital-intensive foundry business that Intel has on its hands.
@marijavasilevska1581
Ай бұрын
@@jackchoy6969 that's why I said 10 bucks?
*Outperform y/y*
How do we attend the meeting to bring up the matter of sacking the CEO
@SaurabhKumar-uo6ms
Ай бұрын
Intel has nobody who can replace him. it was badly run company. it will take this decade to fix this. In 1990's intel won the pc and server race not because the ISA of their chip was good but because they had good manufacturing. they lost that edge in the 2010s. Intel's future depends on its foundry business.
This guy says ' u know' constantly.
That CEO is a crap
CEO is the worst representative and spokesman ever. Open shirt?! Always looks like he pulled an all nighter, and reactionary to disappointment.
@antonlogunov1936
Ай бұрын
Don't think he enjoys it either. But he is there for a different purpose.
look at intels MARKET CAP. and TOTAL REVENUE...... they are higher then nvidia, arm, amd, and many more.... so tell me how others cost 100's if not 1000's...yet intel is getting beat and doing so poorly....... how when they have those kind of numbers???
@majoralex1576
Ай бұрын
They are making a loss
@utubeisfake
Ай бұрын
@@majoralex1576 no sir, great revenue....
@utubeisfake
Ай бұрын
@@Moonplant432 it says intels total revenue is 12b which blows all them out the water, except for nvida now.....
@andybogard9974
Ай бұрын
@@utubeisfake Net income is what matters not revenue. Net income is how much money the company actually made after you take out all the expenses.
@utubeisfake
Ай бұрын
@@Moonplant432 how are they not making money when they got billions subsidized by the government??? lol