U.S. Senator Tom Cotton probes Intel board over CEO Lip-Bu Tan's former China links, raises national security concerns amid Cadence scandal
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Who is being pedantic? I made a single statement of the fact that Intel hasn't collapsed. Where are you getting your info from?
They still make more money than AMD.
They still make more chip income than Huawei.
How have they collapsed?
Intel annual net income for 2024 was $-18.756B, a 1210.48% decline from 2023.
Intel annual net income for 2023 was $1.689B, a 78.92% decline from 2022.
Intel annual net income for 2022 was $8.014B, a 59.66% decline from 2021. -
Yeah for all his shortcomings Pat Gelsinger had the right plan for Intel. But the board wanted to see the numbers go up every quarter -- long-term viability be damned -- and he couldn't do both that and push all of their advanced engineering directives, so something had to give (which in this case was Gelsinger himself).
He presided over a ton of dyfucntion too, but yes exactly.
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Then why is the US taxpyer funding their capex?
They aren't?
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Sure buddy... That's 2.5 billion Intel took in state aid without any equity being issued to the taxpayers.
That's Trump's idiotic doing, not the company.
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They aren't?
What is the 2.5 billion in this case here then?
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Intel annual net income for 2024 was $-18.756B, a 1210.48% decline from 2023.
Intel annual net income for 2023 was $1.689B, a 78.92% decline from 2022.
Intel annual net income for 2022 was $8.014B, a 59.66% decline from 2021.Stop asking dumbass chatbots for your info. This is wrong: https://m.macrotrends.net/stocks/charts/INTC/intel/revenue
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That's Trump's idiotic doing, not the company.
That's what biden gave Intel... Trump took the remain 5b.
You don't know what you are talking about. You made several factually incorrect statements within this thread.
You are talking out of your ass. Take the L, got read up om the issue.
Happens to the best of us
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What is the 2.5 billion in this case here then?
The CHIPS act that Trump cancelled for now reason.
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The only thing that Intel leadership is a threat to is Intel.
Dag, yo.
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Stop asking dumbass chatbots for your info. This is wrong: https://m.macrotrends.net/stocks/charts/INTC/intel/revenue
Even if you take one time write off out... Intel has not been profitable since 2023.
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I expect the real issue here is that Cotton doesn't abide by having a non-white CEO at the helm of a good ol' American company. That said, Cadence was caught with their pants down, and should be punished accordingly.
U.S. Senator probes Intel board over CEO Lip-Bu Tan's former China links —raises national security concerns amid Cadence scandal
Senator Tom Cotton is pressing Intel’s board over CEO Lip-Bu Tan’s past China investments and whether he knew about subpoenas tied to Cadence, his former company, which recently pleaded guilty to selling chip design tools to a Chinese military university during his tenure.
Tom's Hardware (www.tomshardware.com)
if they throw Lip-Bu Tan in jail does that mean the 24,000 people he shitcanned get their jobs back?
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if they throw Lip-Bu Tan in jail does that mean the 24,000 people he shitcanned get their jobs back?
The Intel board:
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I expect the real issue here is that Cotton doesn't abide by having a non-white CEO at the helm of a good ol' American company. That said, Cadence was caught with their pants down, and should be punished accordingly.
U.S. Senator probes Intel board over CEO Lip-Bu Tan's former China links —raises national security concerns amid Cadence scandal
Senator Tom Cotton is pressing Intel’s board over CEO Lip-Bu Tan’s past China investments and whether he knew about subpoenas tied to Cadence, his former company, which recently pleaded guilty to selling chip design tools to a Chinese military university during his tenure.
Tom's Hardware (www.tomshardware.com)
Since it references cadence:
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Even if you take one time write off out... Intel has not been profitable since 2023.
So you're not going to address your fake ass numbers that are total bullshit?
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So you're not going to address your fake ass numbers that are total bullshit?
post yours
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I expect the real issue here is that Cotton doesn't abide by having a non-white CEO at the helm of a good ol' American company. That said, Cadence was caught with their pants down, and should be punished accordingly.
U.S. Senator probes Intel board over CEO Lip-Bu Tan's former China links —raises national security concerns amid Cadence scandal
Senator Tom Cotton is pressing Intel’s board over CEO Lip-Bu Tan’s past China investments and whether he knew about subpoenas tied to Cadence, his former company, which recently pleaded guilty to selling chip design tools to a Chinese military university during his tenure.
Tom's Hardware (www.tomshardware.com)
Okay but Tom Cotton is a bigoted piece of raccoon feces.
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post yours
In multiple other comments in this very thread.
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Since it references cadence:
Fined for breaking laws that are supposedly there for national security. People should be in jail, if these laws had any real purpose.
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Fined for breaking laws that are supposedly there for national security. People should be in jail, if these laws had any real purpose.
There are worse people who didn't go to jail:
https://www.theguardian.com/environment/2023/jun/02/dupont-pfas-settlement-water-chemical-contaminationThese days all companies got to do is pay a fine.
