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   Technology StocksIntel Corporation (INTC)

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From: Sr K5/8/2024 10:37:20 PM
   of 186885

Intel Lowers Sales Outlook After China Chip Licenses Revoked

Chip maker says revenue likely below the midpoint of second-quarter range

Asa Fitch
Updated May 8, 2024 11:23 am ET



(1 min)

Intel reaffirms full-year guidance that revenue and profits will grow. PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS
Intel INTC -2.22% decrease; red down pointing triangle said its revenue for the current quarter would be lower than previously expected amid new restrictions on sales by chip makers to Huawei Technologies.

The Commerce Department revoked some licenses for exports to the Chinese telecom company, a spokesman said Wednesday, a move The Wall Street Journal reported last year that the Biden administration was considering.


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To: FJB who wrote (186879)6/21/2024 8:36:24 PM
From: FJB
   of 186885
DEI killed this company. Hope lessons were learned.

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To: robert b furman who wrote (186805)6/27/2024 5:03:14 AM
From: FJB
3 Recommendations   of 186885

Intel Diversity and Inclusion Annual Report 2015 Leadership Perspective
Last year, Intel set an ambitious goal to be the first high technology company to reach full representation of women and underrepresented minorities in our U.S. workforce by 2020. We committed $300M to support this goal and accelerate diversity and inclusion—not just at Intel, but across the technology industry at large. The scope of our efforts spans the entire value chain, from spending with diverse suppliers and diversifying our venture portfolio to better serving our markets and communities through innovative programs like Hack Harassment, which aims to combat online harassment.

Why Diversity and Inclusion Matter
Intel is evolving, and diversity and inclusion are among the most important forces driving that evolution and reinvention. Our commitment to diversity comes from our conviction that reaching a critical mass of women and underrepresented minorities in our workforce brings ample benefits. These go far beyond the business benefits to Intel—which are many—to include the entire tech industry and our wider communities beyond.

Inclusion means ensuring that all employees are, and feel, free to bring their full selves to work, offer their true and unguarded perspectives, and find a welcoming and inviting place for those ideas. True change is made through both diversity and inclusion. Together, these concepts are transforming and defining our culture and how we all work together at Intel.

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To: FJB who wrote (186884)6/27/2024 11:22:39 AM
From: robert b furman
3 Recommendations   of 186885

The same gobly gook destroyed GM and it went BK.

That lofty stuff is written by those who have been educated well beyond their level of intelligence.

Those who have never taken an entry level and then given it their all for advancement in a company that they contribute to, spew this barf. It is easy for the competition to outperform you when you build your team on this falsehood. The company that hires and trains the best candidates,regardless of their skin color,or many other traits other than drive, integrity, and intelligence is the company I want to invest in.

There is a solid history of GO WOKE, GO BROKE.

The world is simply competitive. If it is not in your business, it will be

A country that endorses such poor advice, will be surpassed by the country that embraces meritocracy. That is part of the headfake plan that socialism injects into a country you want to see fail!

The DEI spin is nice sounding BULL CHIT. It's philosophies has pretty much destroyed the public school's curriculums.

Any school that dumbs down the curriculum with such unfounded beliefs is not where my kids would go!


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