They can be like the Japanese use empty fabs to grow plants in controlled environment, dun think the US Fabless Companies will buy them🙏
Intel Delivers Long-Awaited CEO Change, but That Doesn’t Make Its Stock a Buy
'The situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even more uncertain,' analyst says. Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years, offering investors hope that the company could seek more focus going forward, potentially by de-emphasizing its loss-making manufacturing business.At the same time, the stock's Monday reaction, up about 4%, is somewhat modest considering the exit of an unsuccessful CEO, suggesting an awareness on Wall Street that there are no quick fixes for Intel , even with new leadership."While one could argue that the new leadership team has more leeway to make some necessary decisions for now, the situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even more uncertain," Bernstein analyst Stacy Rasgon wrote. "We don't think we would be diving in.". For instance, the company
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