Isn’t this just mostly clever accounting, burning intangible assets etc.

They’ll make 10 bn a year by cutting jobs and be laughing. Note the share price rose as markets love redundancies.

Don’t worry, the American tax payer will bail them out via Joe’s IRA.

Damn they should buy back more shares again 🤡

Didnt ceo cry recently that US was trying to impose restrictions on chips act bailbout?

These parasites are pathetic, pay for your own capex

Another mismanaged American company, not surprising. When you have douchebag trust fund kids who go to Southern business schools run your country into the ground for 40 years you should replace the douchebag trust fund kids that go to Southern business schools. Nothing good comes from these stock buyback institutions. Because thats all they teach.

Is the AI image from The Register?

Wake me up when they start producing chips without Management Engine