this post was submitted on 09 Aug 2024
32 points (94.4% liked)

Business

561 readers
101 users here now

A place to share business news and insights.

Rules

  1. Follow lemmy.world rules
  2. Only post content related to business
  3. Do not use this community to promote your business

founded 2 years ago
MODERATORS
odrel
jordanlund
32
Intel hit with lawsuit over $32 billion loss, shareholders complain company hid problems (www.tomshardware.com)
submitted 6 months ago by GreenEngineering3475 to c/business
8 comments fedilink hide all child comments
 

Was Intel hiding its big problems all along?

you are viewing a single comment's thread
view the rest of the comments
[–] cm0002 4 points 6 months ago

For a long term investment, I'd say it's a good time to buy. Years back I bought a bunch of AMD stock when they were around 2 or 3 bucks a share and everyone was talking about how AMD is going to go under, some 10 years later it's now sitting at 130/share

Intel is much bigger than AMD, so i'd say the likelihood of them pulling off a similar recovery in the years ahead is pretty high