As Its CPU Scandal Deepens, Intel Plans to Cut Thousands of Jobs

That's the Jack Welch playbook!

Make your point without being demeaning

Stock prices are absolutely determined by investors. As in, that's the only thing that matters. If more people are selling than buying, line go down. If more are buying than selling, line go up. That's how it works.

You say "shareholders," but that's not accurate. the OP said "investors," which can mean everything from long-term shareholders to day-traders throwing around options. The former doesn't determine share prices, those who actively trade the stock do.

So, what does drive stock prices?

I guess he likes his roast beef well aged. lol

But yeah, Intel is a company that only innovates when they have to. If it wasnt for AMD they'd probably only produce a new CPU every 2-3 years to save on R&D costs.

I would go a step further and say that it should not be a stock purchase but partial nationalization. The government is not getting shares that will be sold later. The government is getting a right to appoint part of the board of directors. Every time the company issues a dividend, buys back stock, or engages in other activities to return value back to the shareholders, a proportional amount of money must be paid to the treasury. It only makes sense that if a company is so big that its failure is going to hurt society as a whole, it should be owned by society.

Fuck yeah! Their wealthy buddies would start bailing each other out if the alternative was the government buying the company at rock bottom and competing against everyone to build it back up.

True, I was more saying the decline, like lack of performance, hot as fuck chips etc

Honestly, I think AMD doesn't even have the choice to be anywhere near as complacent as Intel.

ARM is on the rise, and that means multiple competitors incoming, both in the PC and console space.

Nvidia wanted to buy ARM, and despite that falling apart, Nvidia will be coming out with ARM CPUs (I imagine they're, smartly, letting Qualcomm and MS sort out the teething issues with Windows on ARM before they swoop in and look polished and stable right out of the starting gate).

AMD also doesn't have to pay a shitload to maintain, expand, and improve fabs - that's all on TSMC. So the whole aspect of choosing between investing tens of billions or letting fabs stagnate isn't a thing for AMD.

Yeah they could stay on the same process for 5 years, but I highly doubt they'd do that given the ARM competition, doubly so because they don't want somebody else to take away their "we're TSMC's second favourites behind Apple" position.

In other words, I don't think AMD has the financial incentive to stagnate like intel did. From a business perspective, it was an absolute no-brainer for Intel to stagnate; AMD's comeback was an unlikely one. To date they're the only company that's recovered in the x86 space after falling back into complete irrelevance.