They seem to prefer dividend payouts rather than capex on new fabs[1]. Combined with them moving to FCF loss - I think that what you described here may be imaginary at best.
Given what they said in the last earnings call, a slow IBM-like death seems more likely.
They seem to prefer dividend payouts rather than capex on new fabs[1]. Combined with them moving to FCF loss - I think that what you described here may be imaginary at best.
Given what they said in the last earnings call, a slow IBM-like death seems more likely.
1: https://semianalysis.com/intel-cuts-fab-buildout-by-4b-to-pa...