💥🇺🇸#INTC #chip #watchlist
Intel scores $30B deal with Brookfield to fund chip factories:

- Intel believes the partnership will provide a $15B cumulative benefit to its adj FCF over the next few years

- cost of the funding deal will be higher than the cost of debt, but below the cost of equity = 4.4-8.5%

⚠️🌎#chip #warning
Intel and AMD say PC demand is deteriorating

#INTC #AMD

⚠️🇺🇸#chip #stocks #us #markets #warning
semiconductor Index SOX = -44% since the beginning of the year = one of its steepest selloffs ever

#INTC

⚠️🇺🇸#INTC #chip #warning
Intel plans thousands of job cuts in face of PC slowdown - BBG
————————
worldwide PC shipments in the third quarter dropped 19.5% = steepest drop in more than 20 years - Gartner

⚠️🇺🇸🇨🇳#chip #warning #china #us
BBG: the U.S. semiconductor industry will be hit hard by the new U.S. restrictions on China.

#INTC #watchlist

⚠️🇺🇸#ipo #MBLY #INTC
Intel eyes significantly lower valuation in IPO of Mobileye (self-driving car unit) again. Now to $20B from $30B previously and from $50B even earlier. Roadshow starts today - WSJ

#watchlist

🇺🇸#INTC #watchlist #ipo
Intel's self-driving car unit Mobileye raised $861M in its IPO, company valuation $17B — WSJ

🇩🇪🇺🇸#VW #MBLY #INTC
Volkswagen to work with Mobileye on automated driving after Argo exit

#autonomous #cars

⚡️🇺🇸#INTC #report #watchlist
Intel
-Q3 Non-GAAP EPS of $0.59 beats by $0.26.
- Revenue of $15.3B (-15.5% Y/Y) in-line

- Sees 4Q Adj Rev $14B to $15B, EST. $16.29B
- Sees Fy Adj Rev $63B to $64B, Saw $65B to $68B
- Sees 4Q Adj EPS about 20C, EST. 66C

💥🇺🇸#chip #us #capex #reshoring
US - CAPEX on electronics manufacturing facilities breaks all records amid reshoring efforts

#INTC