Intel Stock Gifts $92 Billion To Investors

Core Insights - Intel is laying off nearly 4,000 employees as part of a cost-cutting initiative led by new CEO Lip-Bu Tan [2] - Over the past decade, Intel has returned $92 billion to shareholders through dividends and buybacks, ranking 19th in total capital returned in history [3][4] Financial Performance - Intel's revenue growth has been negative, with a -1.5% growth in the last twelve months and a -7.6% average over the last three years [9] - The company has a free cash flow margin of nearly -15.8% and an operating margin of -0.2% for the last twelve months [9] - Intel's stock trades at a P/E multiple of 764.9, indicating a high valuation relative to earnings [9] Market Position - The total capital returned to shareholders as a percentage of current market cap appears inversely proportional to growth prospects for reinvestments, with companies like Meta and Microsoft showing faster growth but lower capital returns [5] - The historical volatility of Intel's stock is significant, with declines of 74% during the Dot-Com Bubble and 62% during the 2022 inflation shock [6][7]