Intel shares drop after Trump calls for CEO to resign immediately
www.cnbc.com
Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker's CEO to resign immediately.
  • commander@lemmy.world
    60·
    7 months ago

    Intel is so screwed, not because of Tan, he just got the job in March and is from what it seems to me trying to prevent bankruptcy caused by the heavy investment into being a fab while failing to attract customers by his predecessor. Predecessor may have a good idea but execution hasn’t gone well

    How can Intel succeed as a fab when their great hope is domestic support but your domestic government is hostile to you because of your CEO. It’s not Trump and cabinet and Congress that are constantly looking at their operating costs and prospects for high value customers.

    Intel is so screwed. They have a backseat driver pulling the hand brake and screaming out the window for a yes-man to run the company the way he wants. The backseat driver is the president of the country they’re based in whose background is inheriting his dad’s real estate business and parlaying that to become a media personality while real estate operations is run by capable people

    • 𝕱𝖎𝖗𝖊𝖜𝖎𝖙𝖈𝖍@lemmy.world
      29·
      7 months ago

      whose background is inheriting his dad’s real estate business and parlaying that to become a media personality while real estate operations is run by capable people

      Don’t forget sexual assault, child diddling, and sex trafficking minors to an island

    • Hegar@fedia.io
      8·
      7 months ago

      while real estate operations is run by capable people

      I don’t think that’s true, his real estate operations was just kept solvent by laundering russian mob money.

    • SapphironZA@sh.itjust.works
      7·
      7 months ago

      To be fair the previous CEO had the right plan. But his predecessors made sure the company would never be able to execute it.

  • Optional@lemmy.world
    30·
    7 months ago

    OR - hear me out now - Or trump could shut his grotesque sphincter mouth and waddle his plastic girdled high-heeled flatulent ass into some room where brain-slugged sycophants breathlessly await to rejoice at any demented, slurred neuronic misfire from his ancient twisted headsack.

    I mean, that would be better.

    • UnderpantsWeevil@lemmy.worldEnglish
      21·
      7 months ago

      Tan literally just started as CEO, so it seems a bit premature to fire him for simply airing the company’s dirty laundry.

      Trump’s on his second lap around the Oval Office and, six months in, has already killed job growth and fouled the supply chain.

      One of these two maybe deserves a bit of benefit of the doubt.

  • Devolution@lemmy.worldBanned from community
    5·
    7 months ago

    Trump just wants an incompetent white man running IBM into the ground. Just like they do everything else.