• Pasta Dental@sh.itjust.works
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    15 days ago

    Fear mongering articles making it seem like they are doomed and will go bankrupt after bad quarterly results were announced. Articles were probably sponsored by rich people wanting to buy Intel stock for cheap. But they won’t go bankrupt because the US gov./army need Intel to stay relevant against China, and Intel is basically the only American company that both designs and fabs their own processors and that is still relevant.

    That and the fact that Nvidia is over valued (they are valued at 30x the value of their assets).