Intel needs to find ways to continue to "print" money to pay it's bills and it's increasing debt burden, now approaching $50B; Revenue has dropped from $79B in 2020 to $53B in 2023. All that depreciated equipment and FABs need to generate revenue.
It's worth pointing out that Intel's debt load is not really that horrible. The average US resident has a far, far higher debt to income ratio and though they are not managing their income well, most of them scrape along well enough to continue to light the planet on fire with gigantic trucks and SUVs, smoke, drink, and abuse medication, eat at restaurants constantly, and buy pointless plastic trash or electrically demanding gaming PCs or streaming equipment. And they have enough money for 80% of them to be obese. Intel is by far not as bad as individuals in that silly nation.
$50B in debt is a problem, saying that well everyone else is doing it, including individual consumers, doesn't make it not a problem. It means intel can't invest as much money in R&D, or hire people, or build more fabs, or obtain more credit to keep operating as a going concern. And just like a consumer high on credit card debt, eventually it will come crashing down, especially if the stock tanks and they have substantially lower sales. Also, Peaches, are you bitter about something?
Every company have debts. TSMC have debts with banks?? A LOT !! Without taking risks you are out the game. At least behind this debt there is something: FABs and high cost equipments, this is money in another shape. Many companies have nothing behind their debt. An example was AMD, now fortunately out of this unconfortable situation.
And I'm sure you are just a paragon of environmentalism....wait why do you have a PC made by those decadent westerners? Shouldnt you be in a commune growing crops by hand or something?
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Freeb!rd - Friday, January 26, 2024 - link
Intel needs to find ways to continue to "print" money to pay it's bills and it's increasing debt burden, now approaching $50B; Revenue has dropped from $79B in 2020 to $53B in 2023. All that depreciated equipment and FABs need to generate revenue.PeachNCream - Sunday, January 28, 2024 - link
It's worth pointing out that Intel's debt load is not really that horrible. The average US resident has a far, far higher debt to income ratio and though they are not managing their income well, most of them scrape along well enough to continue to light the planet on fire with gigantic trucks and SUVs, smoke, drink, and abuse medication, eat at restaurants constantly, and buy pointless plastic trash or electrically demanding gaming PCs or streaming equipment. And they have enough money for 80% of them to be obese. Intel is by far not as bad as individuals in that silly nation.Dr_b_ - Sunday, January 28, 2024 - link
$50B in debt is a problem, saying that well everyone else is doing it, including individual consumers, doesn't make it not a problem. It means intel can't invest as much money in R&D, or hire people, or build more fabs, or obtain more credit to keep operating as a going concern.And just like a consumer high on credit card debt, eventually it will come crashing down, especially if the stock tanks and they have substantially lower sales.
Also, Peaches, are you bitter about something?
Gondalf - Tuesday, January 30, 2024 - link
Every company have debts. TSMC have debts with banks?? A LOT !!Without taking risks you are out the game. At least behind this debt there is something: FABs
and high cost equipments, this is money in another shape.
Many companies have nothing behind their debt. An example was AMD, now fortunately out of this unconfortable situation.
peevee - Monday, January 29, 2024 - link
PNC, you are insane in your jealousy.charlesg - Monday, January 29, 2024 - link
Your political ideology is showing again.The planet is not on fire...
But you are somewhat correct. The marketing of the world works very well on the naive.
TheinsanegamerN - Tuesday, January 30, 2024 - link
And I'm sure you are just a paragon of environmentalism....wait why do you have a PC made by those decadent westerners? Shouldnt you be in a commune growing crops by hand or something?blakeatwork - Friday, February 2, 2024 - link
Comparing a semiconductor companies debt load to a individual person is wild.peevee - Monday, January 29, 2024 - link
But at least intel is best at DEI, right?Sahrin - Tuesday, January 30, 2024 - link
Nobody cares, dude. Nobody.Teamgroup451$ - Friday, February 2, 2024 - link
Intel Thank youTeamgroup451$ - Friday, February 2, 2024 - link
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