As a longtime technologist, many observations-
the battle lines between TSMC/ARM and Intel fab/x86 have been drawn for a long time. Once
ARM starts getting traction in servers, it is the beginning of the end..
So many parallels between Carly Fiorina at HP and BK and co. at Intel. Once the 'consultants'
( Bain and co. ) come in - it is also the beginning of the end..
Intel right now is a far cry from the days of Grove, Moore and Noyce. No Intel leader -- from the
rawest RCG to the senior mgmt has emerged in the last 15 years or so to truly make an impact on technology and lead Intel into profitable markets
The stock right now is being propped up through stock buybacks and debt. Intel has $30B (!!)
in debt, and less than $15B in the bank. Altera ( 8X revenue purchase at $16B for $2B annual revenue ?! ) and
McAfee ( $7.7B ?! ) were epic disasters for Intel . Lesser acquisitions ( Level 3 for $1B ?! ) were equally disastrous. Intel has not had -one- profitable acquisition in its last -70- acquisitions and nothing indicates any different now.
The server market is slowing. From 14% growth in 2014 to 10% last year to 8% or less this year ? DB is not a breakthrough leader as past postings attesting to her largely in-effectual career ( Intel CIO ?! - by no means a frontline role for any effective P&L leadership )
Gartner research posted a 80MM (!!) unit drop in PC shipments from 2014 to 2015 ( from ~ 330MM units to 250MM units !!). This is not rocket science, Intel has too many fabs, too many bodies to justify that lack of revenue.
Speaking of bodies, the days when Grove mandated an extra day (?) of work and pay freezes for 6 months. That spirit of 'we are all in it together' is as far as can be from today - where it is a mad frenzied land grab for BK and co. before the clock runs out..
On and on and on. Would welcome thoughtful (!!) insights - please keep the BS to a minimum - and yes, shorting Intel stock makes sense in light of the above