this post was submitted on 02 Dec 2024
381 points (99.0% liked)

Technology

59777 readers
4723 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
381
Intel Announces Retirement of CEO Pat Gelsinger (www.intc.com)
submitted 2 days ago by farcaster to c/technology
141 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 2 days ago (1 children)

With the CHIPS Act funding they can't do stock buybacks.

[–] ikidd 8 points 2 days ago (1 children)

It just frees up other money for buybacks that they would have had to waste on R&D.

[–] [email protected] 1 points 2 days ago (1 children)

the fact that you have to explain to people that money is fungible...

[–] ikidd 2 points 1 day ago

Well, at least one stupid fucker disagrees with that idea...