Intel: Turn Off The Lights

DMP/E+ via Getty Images The numbers just keep getting worse for Intel Corporation (NASDAQ:INTC). The giant chip company missed the AI GPU transition and is too focused on building a foundry business to catch up, despite aggressively spending on new foundries. My investment thesis remains ultra-bearish on Intel following another bad quarter and the elimination of the once-important dividend. Source: Finviz Another Major Disappointment Intel not only reported a Q2 '24 miss on both the bottom and top line, but ...