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Posted

surely they will figure it out, i mean AMD was ass dragging for years before they figured it out but they did.  at some point this stock has to be a buy just because toilet water has so much room for improvement.

  • 3 weeks later...
Posted
17 hours ago, Wiler77 said:

So POTUS is demanding INTC CEO resign, and telling TSMC they need to take a 49% ownership stake in the company.  Things going great!

'member when the president shouldn't be telling companies how do run themselves and what to say? Something about a free market?

season 20 20x1 GIF by South Park

  • Hook 'Em 1
Posted (edited)

Earlier this week, Cadence Design Systems pleaded guilty to illegally exporting EDA technology to China from 2015-2021.  The CEO of Cadence at that time: Lip-Bu Tan.  Today's Intel CEO: The same Lip-Bu Tan.

DJT tends to do almost everything with a bludgeon, but a "leak" to the NYT or WSJ or whatever stating, "The administration, the DoE, DoD, etc. is extremely concerned by the outcome of the Cadence case.  Cadence's CEO was Li-Bu Tan, who is now the CEO of Intel.  Federal officials are concerned about such a breach under his leadership at Cadence and whether the Intel board exercised proper due diligence in adding Mr. Tan to the board in 2022 and appointing him as CEO in 2025.  Intel has been a large recipient of CHIPs Act funding and has several critical contracts with the DoE and DoD."

EDIT to add: DJT being prescriptive almost guarantees a certain course of action will not be taken.  An immediate resignation/termination followed by a partnership with TSMC might actually be one correct course of action.  They absolutely cannot do that now, as it would be akin to DJT dictating corporate actions.  Yet another case where DJT should have been cautious or quiet.

Edited by boilerhorn
Posted

Looks like Trump flipped on Lip-Bu. https://www.cnbc.com/2025/08/11/intel-ceo-trump-lip-bu-tan.html

Another TACO case?

President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he called on the head of the chipmaker to resign. Intel shares rose 2% in extended trading.

“I met with Mr. Lip-Bu Tan, of Intel, along with Secretary of Commerce, Howard Lutnick, and Secretary of the Treasury, Scott Bessent,” Trump wrote in a post on Truth Social. “The meeting was a very interesting one. His success and rise is an amazing story. Mr. Tan and my Cabinet members are going to spend time together, and bring suggestions to me during the next week. Thank you for your attention to this matter!”

An Intel spokesperson confirmed the meeting.

“Earlier today, Mr. Tan had the honor of meeting with President Trump for a candid and constructive discussion on Intel’s commitment to strengthening U.S. technology and manufacturing leadership,” the spokesperson wrote in an email.

Posted
30 minutes ago, boilerhorn said:

Looks like Trump flipped on Lip-Bu. https://www.cnbc.com/2025/08/11/intel-ceo-trump-lip-bu-tan.html

Another TACO case?

President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he called on the head of the chipmaker to resign. Intel shares rose 2% in extended trading.

“I met with Mr. Lip-Bu Tan, of Intel, along with Secretary of Commerce, Howard Lutnick, and Secretary of the Treasury, Scott Bessent,” Trump wrote in a post on Truth Social. “The meeting was a very interesting one. His success and rise is an amazing story. Mr. Tan and my Cabinet members are going to spend time together, and bring suggestions to me during the next week. Thank you for your attention to this matter!”

An Intel spokesperson confirmed the meeting.

“Earlier today, Mr. Tan had the honor of meeting with President Trump for a candid and constructive discussion on Intel’s commitment to strengthening U.S. technology and manufacturing leadership,” the spokesperson wrote in an email.

Not TACO, it's the despotic leader saying "sure is a nice business, it would be a shame if anything happened to it..." And then seeing what sort of concessions and bribes he can secure. Apple did it last week with the glass and gold offering

  • Rage+1 1
Posted
10 minutes ago, Captainant said:

Not TACO, it's the despotic leader saying "sure is a nice business, it would be a shame if anything happened to it..." And then seeing what sort of concessions and bribes he can secure. Apple did it last week with the glass and gold offering

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