wellesenterprises
- Intel’s restructuring, though painful, is necessary due to efficiency and productivity concerns.
- The Intel client group continued to perform well despite concerns about its competitiveness against ARM and AMD; I believe this is a bit overstated.
- Intel Foundry losses, while a short-term pain for investors, are a long-term value creation opportunity for patient investors.
- With Intel selling at a decade-low valuation, a split makes sense since the most expensive phase of the strategy is reaching its end.
