In today’s briefing:
- Intel (INTC.US): Exploring a Tough Journey.
Intel (INTC.US): Exploring a Tough Journey.
- Regardless of the circumstances, Intel Corp (INTC US) must select a new CEO and hope that a new strategy will turn the situation around.
- A possible decision to spin off Altera could signal the possibility of Intel further breaking into several parts.
- For the near term, Intel must overcome financial and management challenges, and laying off 1/10 of its workforce is a short-term and necessary step.
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