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I did the same thing with EMC for my first house back in 2001. Well done!
Yea... I have heard from so many friends who work at Intel saying the company has been super political for many years. Pat Gelsinger unfortunately further exacerbated the problem by bringing in highly political animals from VMware and EMC, further poisoning the ranks. Intel needs to move FAST and it needs to get rid of the bad leaders who are so used to NIH mentality. There are even some in the c-level who must go. The current CEO of the desktop CPU leader, who has zero engineering background and caused the current crisis, must be fired.
[https://www.latimes.com/archives/la-xpm-2000-apr-07-fi-16994-story.html](https://www.latimes.com/archives/la-xpm-2000-apr-07-fi-16994-story.html) >Tuesday’s intraday market plunge seemed a distant memory Thursday as analysts and investors alike were in a bullish mood. >Goldman Sachs & Co. came out with a “Super Seven” list of tech names it calls “core holdings” for a volatile market, and five of the stocks finished higher. >The list features electronic commerce specialist First Data Corp. (ticker symbol: FDC), software developer Oracle Corp. (ORCL), electronic systems maker Teradyne Inc. (TER), communications chip manufacturer PMC-Sierra Inc. (PMCS), data storage systems maker EMC Corp. (EMC), Internet gear maker Cisco Systems Inc. (CSCO), and PC retailer Dell Computer Corp. (DELL). >“During this period of extreme volatility, we recommend technology names \[in whose fundamentals\] we continue to have high conviction,” Goldman said in its report. >PMC-Sierra and other chip makers also got a boost as the Semiconductor Industry Assn. said worldwide chip sales climbed 33% in February from a year ago, led by rising demand in Japan and the Asia Pacific region. >“The year-to-year growth of semiconductor sales indicates a strong 2000 for the chip industry,” said George Scalise, the trade group’s president. Sales rose 19% in 1999 and are expected to climb 20% this year. >Intel Corp. (INTC), the leading maker of computer chips, eased 6 cents to $129.81, but most of its competitors got a lift, including Texas Instruments Inc. (TXN), which jumped $10 to $160. >Meanwhile, brokerage analysts issued positive ratings on several stocks in the tech sector and elsewhere, including: >\* In the retail group, Limited Inc. (LTD; $46.81, up $5.13) was upgraded to “strong buy” at Banc of America Securities; Sears, Roebuck & Co. (S; $37, down 50 cents) was called “buy” at Lazard Freres & Co.; and Intimate Brands Inc. (IBI; $43.94, up $2.94) was raised to “strong buy” at U.S. Bancorp. >\* In the struggling health-care sector, Oxford Health Plans Inc. (OXHP; $14.81, up 25 cents) was raised to “buy” at First Union Securities Inc. >\* Internet security company Check Point Software Technologies Ltd. (CHKP; $176.75, up $18.25), which has sunk 40% from its recent peak, was upgraded to “strong buy” at Sands Bros. & Co. >\* Two Internet incubators got recommendations, as Safeguard Scientifics Inc. (SFE; $50.50, down $2.50) was rated “buy” in new coverage by Merrill Lynch’s high-profile Henry Blodget, and Internet Capital Group Inc. (ICGE; $73.88, up 17 cents) was reinstated “strong buy” at Deutsche Banc Alex. Brown.
Definitely not that straight forward. It's not that they are manufacturing in the same countries, it's *what* product lines and *how much* they are manufacturing. Dell still has some US manufacturing capabilities, and while it might take time, I would expect them to start revitalizing and ramping some of their US production facilities. Lenovo only has one US manufacturing facility on the east coast that I'm aware of, and it's really only to support TAA-compliant systems, but sometimes gets flexed for other work. There's no way Lenovo can scale their data center business in the US with these tariffs compared to Dell, as Dell does have US manufacturing facilities (and some they acquired via EMC). Can't speak on HPI/HPE. I'm not sure where they manufacture in the US, if at all.
I just cheated and used chatgpt: 1. Medivation acquired by Pfizer (2016) • Purchase Price: $81.50 per share • Pre-rumor trading price: ~$26 • Premium: Over 200% • Context: Medivation had a blockbuster prostate cancer drug (Xtandi). Several bidders were interested (Sanofi, Pfizer, others). The high premium reflected the strategic value and competitive bidding. ⸻ 2. Zappos acquired by Amazon (2009) • Acquisition Value: ~$1.2 billion • Premium: Estimated at ~600% based on internal valuation • Context: Zappos was private but included here because it’s often cited due to Amazon’s massive valuation multiple and the high premium paid to secure the culture and customer service DNA. ⸻ 3. LinkedIn acquired by Microsoft (2016) • Purchase Price: $196 per share • Pre-announcement price: ~$131 • Premium: ~50% • Context: Strategic asset for Microsoft to build out its enterprise/social presence. Competitive dynamics also influenced the valuation. ⸻ 4. EMC acquired by Dell (2016) • Deal size: $67 billion (largest tech deal at the time) • Premium: ~28% • Context: EMC held a large stake in VMware, which added to the strategic complexity and premium.
Yes, get off the big cloud providers and build your own European cloud built with HP/Dell servers (with Intel/AMD CPUs, nVidia/AMD GPUs, WD/Seagate hard drives, Seagate/Micron/Sandisk SSDs, Broadcom NICs, etc...) using NetApp/EMC/DDN storage with Cisco/Arista/Juniper networks in Equinix datacenters. Sure, you can swap HP/Dell with white box Taiwanese companies, and Cisco/Arista/Juniper with the same (but you'll have to write a lot of the software from scratch). But the bulk majority of the components still rely on American technology, from CPU to GPU to storage to network to "simple stuff" like datacenter space rental (i.e. Equinix). And this is all relatively easy if you don't consider the most difficult part: you need A LOT of electricity. The biggest limiting factor in building datacenters is electricity and Europe faces a power crunch. Translated, Europe needs to build a lot of power plants. I'm in no way suggesting I agree with this trade war (I'm a globalist) but this is much harder said than done. Also, Europe pays dogshit for IT wages so America has the best IT talent in the world. (I used to work closely with datacenter hardware in hyperscale, from USA to Europe to Asia.)
The storage market had its peak over 15 years ago with the rise of cloud computing. It truly thrived in the 2000s when companies like EMC and Sun Microsystems were selling servers for $30K or more. Capacity and codecs have significantly increased and in some cases images are also regenerated using data rather than saving the actual image.
Dude constellations investment in canopy is basically a write off at this point. They fucked up to the tune of 4 billion dollars. Canopy is basically worth peanuts and Buffet only bought in because Constellation because it got buttrammed for 25% of its value. And believe me when I tell you I know constellation brands and it’s EMC plus the CEO of canopy better than anyone in this sub.
That’s not investing, that’s gambling. If you can explain the actual use case of crypto like I’m a 5YO, then I’ll listen, but spare me the store of value, finite supply, frictionless transactions, and devaluation of the dollar due. These are speculative at best. Disclosure: I hold crypto but only 1% of my NW. Leave your current allocation there and put money into companies that make products and services that people need. Open an account at Fidelity or Sofi where you can make fractional share purchases and start looking into companies. Everyone on here will tell you to get an index fund - that’s not for me. For me, I put 50% into indexes and 50% into stocks I research. I was more aggressive at your age without gambling. I bought companies like Intel, Siemens, EMC, etc. Some beat the S&P and others didn’t. So why didn’t I go all in on an index and ignore it? I learned! I created a set of filters: companies in industries I liked, companies with moderate PE ratios ~15-20, dividend payers around 1% b/c I liked the psychological effect of seeing a few dollars credited every quarter. I started small and now have $3M NW at 45YO. You’ll get FOMO, TRUST ME! Some 40YO posted in another group that he has $9M b/c of Bitcoin. That’s human nature. But here’s what I learned, for every story like that, there are 10 more of people who were afraid or lost because they gambled and sold at the wrong time: classic buy high, sell low. So take the advice you read on here but always stay true to YOUR plan and convictions. I lost A LOT of money because I deviated from my process and followed the Gamestop fad, but I made a boat load more b/c I bought Supermicro in 2021 before the AI craze b/c I did a lot of research and they met my criteria. Sorry that’s long winded, but hopefully some of that resonates.
I have few hundred shares… i have had broadcom since it bought VMWare… i use to own EMC that spun off VMWare. I decided i wanted to stay in so i bought 80 shares pre split at between $200-300…. I watched it go up over 700%…. Boom! And i think it may even double from here before Nvidia will…
NYSE:EMC at about $10 (2008?) If you held it thought the Dell buyout, subsequent VMware spinoff and Broadcom purchase and added up all the spinoff stock, it’s up at least 12x.
Depends on how well Dell can price point for these EMC's, I could defiently see another company pricing them cheaper eventually. Tesla is Tesla because of the market name they built for themselves. They essentially own the electric car commerce. Nvida is Nvida because of the connections they have with Taiwan to mine the minerals for their GPU's/CPUS, etc. Unless you can say that DELL sits on a gold mine of these EMC's, I wouldn't place much faith in them.
I distinctly remember Gelsinger saying "EMC is too big to purchase". uhhh ok.
Dell/EMC sent his kids through college
It's obvious you haven't even tried to do any research on the tech. You know the CEO founded EMC and sold it for 500+ million to start this company, right? He's been building communication sats for over 20 years 🤣 The tech works, it's scalable and they have the funding to make it happen. It's hilarious how wrong you are. Just go ahead and watch from the sidelines and let the wrinkle brains take this one.
The core issues are definitely not his fault. But that said, if you go look at his past comments, it seems clear he underestimated how deep these problems ran, and as a result was overconfident about his ability to turn things around quickly. If we were to rank order a list of "who is to blame for Intel's problems", Pat Gelsinger is pretty far down the list, but that said he hasn't been perfect either. Gelsinger left Intel in 2009 for successful tenures at EMC and VMWare. He probably thought the core capabilities at Intel were still intact, so he could turn things around and have a victorious homecoming, before finding that Intel was nothing like the company he'd left.
Gelsinger was never capable to turn things around. At VMWare with monopoly in VM virtualization environment joker missed boat with containerization. The best they did was acquire pivotal and never made money with it. In 12yrs the stock just doubled. Clown has infinite cash and support from EMC, Dell and amazing engineers and still failed to bring new products and services. What made anyone believe he is capable to turn around a sinking ship? Guy is an idiot.
> I'm trying to save us both time and headache I've done a variety of tech support jobs. The best way to save time/effort is to quickly follow instructions. Many people dont do once an interaction becomes adversarial. I cant tell you how many problems I fixed with simple steps where people where self professed experts failed to solve their own issue. I've done ISP tech support for for Verizon, Comcast, AT&T, Sprint, EMC and a handful of others,as a trainer, supervisor, and a SME Do I Actually walk over to it and unplug it as instructed when asked? Will I refresh my NS even if I have no reason to believe its a DNS issue? You bet! Abosofuckinglutely. That 10 minutes of perfunctory troubleshooting is going to take half an hour otherwise. At one corporate helpdesk position I'd request people powercycle a printer. etc. People loved to pretend to do it. I learned to run a continuous ping before asking. Printer does not stop responding to ping? we now have a much bigger problem (wrong printer etc.) making lying to me counter productive. Tell me you restarted a PC for an issue I know that will fix? You're going to watch me remote in, pull up systeminfo only to tell you the uptime of the PC. Application wont launch because you're spam clicking a quicklaunch icon and telling me you're not? I'm going to taskkill all the instances and tell you how many instances were terminated. (rebooting would have fixed that!) "oh look 87 instances of the POS application were closed... Cant find a PC and wont help me? Fine, Ill just remove it from the domain. You'll "find" it eventually, with a message written in notepad to call the helpdesk. A great way to get an escalation attempt closed etc. is to be belligerent and fight a tech resulting in incomplete information etc. At that point you get to go through the entire process again. You want my supervisor? Fantastic. Usually my supervisor was useless have fun with that! In the rare even I need to call tech support, I likely have *decades* of experience on the person on the other end of the phone. What I dont have? The exact set of information in the exact format that their corporate overlords require to get things done with a minimal amount of pain. I dont know anything about their corporate culture etc.
[Pictured: the "dip"](https://i.imgur.com/EMC4wMY.png)
Back when I was slinging EMC to biotech I would look to Dell’s share price. It really gave me better insight into how the implantation of specific node clusters would benefit existing archives in the data centers. TFOH, I smell bags.
Put it into NTAP - a pure play for flash storage. All these super fast AI chips are worthless unless we have flash storage. NTAP is making that happen. Along with DELL, since it merged with EMC.
When grandma’s start playing options, you know the market is hyped…reminds me of the cabbies in NY telling me to buy EMC, JDSU and BRCM…
Nvidia makes alot more than chips. Their network switches (Mellanox) are some of the best in the business, their server interconnect fabrics are insane. Right now Dell is doing well in servers and EMC for storage but storage is becoming very saturated and driving prices down. They attempted whitebox switching but failed. But there’s a lot of potential in this market specially for super high end servers and networks vs small and medium sizes clients.
As someone who works in the data center space, my question is, when the hell are they going to get heavily into the AI space? They could buy enterprise grade players too like SonicWall, etc. There is a lot of growth in the data center space and they’ve done a shit job capturing it. EMC was a great purchase, but they are still struggling to find ways to add more revenue.
Bought EMC in 1993, they acquired vmware. Dell acquired EMC and out of that I got a chunk of change and Dell stock. Then Dell spun off vmware, so I had that too. Then Broadcom acquired vmware and I chose (stupidly) the payout option. I’ve had numerous companies go private.. some at a gain and some at a loss (sunrise assisted living, silver diner, Buffalo Wild Wings). I’ve had bunches get acquired or spin off other companies (and stock) as well. Sometimes, if I’m not paying attention, I’ll look at my portfolio and wonder where a stock I now own came from, or why I suddenly have too much cash.
They bought a company called EMC years ago that made server racks and was a super small part of their business. Ai hype suddenly boosting that part of the business but likely still not enough to keep company afloat
My business is all Dell. Dell servers and EMC SAN is pretty solid.
Which companies? I smell BS. "Avellan was the founder and Chief Executive Officer of Emerging Markets Communications (EMC), from 2000 until its sale for $550 million in July 2016. Mr. Avellan built EMC from a start-up into one of the leading end-to-end satellite services companies and one of the largest satellite capacity users in the world." Here's my [source](https://www.broadbandcommission.org/commissioner/abel-avellan/#:~:text=Avellan%20was%20the%20founder%20and,capacity%20users%20in%20the%20world.)
Michael Dell is seriously smart af. Dude took a huge bet and was levered to the tits to take Dell private, executed almost every step of the way on a loooong long turnaround story, re-IPO went great and flooded them with cash, EMC acquisition catapulted growth again, then the VMware spinoff paid off big in 2021. Then Michael Dell came in and flopped his helicopter on the table to show off his fresh tattoo that says "AI". Don't mistake me, this recent run-up is almost purely because of AI, but he is pretty much the reason a company that was on its deathbed 15 years ago is still alive today and in a position to invest in and utilize AI.
Are you talking about 800% at GME, EMC or other MEME?
I lost $80k on EMC at 24.
It was cool. I killed it on Cisco, eBay, EMC, and some others I don’t remember. I got in at the right time and got out right before the crash. I’m kicking myself for not catching this AI wave. The moment ChatGPT was released I was telling everybody who would listen it was the next big thing but I didn’t put my money where my mouth was.
It is a private company here in St. Louis that started as a system integrator (buy HP, Sun, EMC hardware from them and they handle delivery, installation, ...) and has grown to basically full IT outsourcing.
Where are the storage companies? Lol. NTAP, PSTG, DELL (EMC)?
About EMC during the dot-com bubble: "**...But, of course, online traders were fixated on how far and fast the stock had risen, not on whether the company was healthy. “***This stock,***” bragged a trader using the screen name of “Launch\_Pad1999,” “***will just continue climbing to infinity and beyond.***” The absurdity of Launch\_Pad’s prediction—what is “beyond” infinity?—is the perfect reminder of one of Graham’s classic warnings.** *“Today’s investor is so concerned with anticipating the future that he is already paying handsomely for it in advance. Thus what he has projected with so much study and care may actually happen and still not bring him any profit. If it should fail to materialize to the degree expected he may in fact be faced with a serious temporary and perhaps even permanent loss.”* ...**EMC also rose in 2000, gaining 21.7%. But then the shares lost 79.4% in 2001 and another 54.3% in 2002. That left them 88% below their level at year-end 1999. What about the forecast of $10 billion in revenues by 2001? EMC finished that year with revenues of just $7.1 billion (and a net loss of $508 million).** " ​ https://preview.redd.it/v7f5dcecieqc1.png?width=725&format=png&auto=webp&s=83b3bc9aa9727f34c70d7165b8fa2c4ee5299baa ​ Its kinda comforting knowing there were regards just like us 20+ years ago doing the exact same thing lol
Dill sells a lot of servers and storage. Servers can be loaded with cards, storage is needed for the data lakes. (Remember, dell acquired EMC).
Sources: [1] The impact of Russia–Ukraine war on crude oil prices: an EMC framework https://www.nature.com/articles/s41599-023-02526-9 [2] [PDF] The Effects of Terrorism and War on the Oil and Prices - DIW Berlin https://www.diw.de/documents/publikationen/73/diw_01.c.391361.de/diw_econsec0057.pdf [3] Oil prices climb on geopolitical tensions, positive economic data https://www.reuters.com/markets/commodities/oil-edges-up-geopolitical-concerns-support-prices-2024-01-30/ [4] Unveiling the impact of geopolitical conflict on oil prices: A case study of ... https://www.sciencedirect.com/science/article/abs/pii/S0140988323004541 [5] Effects of Crude Oil Price Shocks on Stock Markets and Currency ... - MDPI https://www.mdpi.com/1911-8074/16/2/64 [6] Oil prices remain volatile amid uncertainty arising from geopolitical ... https://blogs.worldbank.org/opendata/oil-prices-remain-volatile-amid-uncertainty-arising-geopolitical-conflict [7] Conflict in Middle East Could Bring 'Dual Shock' to Global Commodity ... https://www.worldbank.org/en/news/press-release/2023/10/26/commodity-markets-outlook-october-2023-press-release [8] [PDF] The Impacts of Wars on Oil Prices - Atlantis Press https://www.atlantis-press.com/article/125975825.pdf [9] How do political tensions and geopolitical risks impact oil prices? https://www.sciencedirect.com/science/article/pii/S014098832300717X [10] Impacts of crude oil market on global economy - ScienceDirect.com https://www.sciencedirect.com/science/article/pii/S2405844023110826 [11] Energy Wars: How oil and gas are fuelling global conflicts https://energypost.eu/twenty-first-century-energy-wars-oil-gas-fuelling-global-conflicts/ [12] The Coupled Cycles of Geopolitics and Oil Prices - jstor https://www.jstor.org/stable/27030624 [13] How does the war in Ukraine affect oil prices? - The World Economic Forum https://www.weforum.org/agenda/2022/03/how-does-the-war-in-ukraine-affect-oil-prices/ [14] The Middle East conflict is threatening to cripple a fragile global economy https://www.brookings.edu/articles/the-middle-east-conflict-is-threatening-to-cripple-a-fragile-global-economy/ [15] Oil up on geopolitical tension, gains capped by fading Fed rate-cut hopes https://www.reuters.com/markets/commodities/oil-prices-near-flat-demand-worries-offset-middle-east-risk-2024-02-13/ [16] Impact of War in Ukraine on Oil & Gas Industry - Accenture https://www.accenture.com/at-de/insights/energy/ukraine-oil-gas [17] Impact of Russia-Ukraine War on Oil and Gas Industry | GEP Blog https://www.gep.com/blog/mind/russia-ukraine-wars-effects-oil-and-gas-industry [18] [PDF] geopolitical tensions, opec news, and the oil price: a granger causality ... https://www.scielo.cl/pdf/rae/v35n2/0718-8870-rae-35-02-57.pdf [19] Implications of Israel-Palestine war on global oil and gas markets https://www.offshore-technology.com/features/what-are-the-implications-of-israel-palestine-war-on-the-global-oil-and-gas-markets/ [20] Russia's War on Ukraine – Topics - IEA https://www.iea.org/topics/russias-war-on-ukraine
Dell also has a shit ton of gov contacts after they acquired EMC years ago. Was in Vegas when Dell acquired EMC and was drunk shit talking with a gov official and he told me…: guiooddaaaa
Went private in 2013, acquired EMC in 2016 (enterprise storage and stuff), went back public in 2018
I know DELL EMC but god damn
Seems like only yesterday they were buying EMC to get a hold of VMWare in the first place. How times change.
Dell sucks. Mike owns himself a dope revenue generator but if you’re looking for innovation then don’t look at Dell. Their strategy is a Walmart version of EMC with ai marketing.
GELSINGER is as much of an engineer as my dog. He once was a long time ago, but he’s now a manager who has failed upwards in every position at EMC and VMware, who has now hitched his wagon to the black hole of innovation, Intel, in exchange for a ludicrous compensation package. He is largely responsible for delivering VMware to Broadcomm, by ignoring his founding engineers, customers, and what was left of VMware’s original pre-EMC-douchebag leadership. F him for destroying a technological marvel in the name of his self promotion and F Intel for becoming a fat bloated bureaucracy that deserves to die on the hill it made. I wish those of us with intimate knowledge of the problems and players involved could vote on how our tax dollars are spent rather than let the inept Washington belt line pad their pockets with the best of intentions.
VMWare was the Nvidia back then. Owned by EMC which was all bought out by Dell
PC sales continue to go down which is affecting revenue. Intel’s moat is breached with rivals eating lunch from its table. Apple, AMD, Microsoft, NVIDIA and now Qualcomm are already making CPUs for personal computers while Intel is missing out on the AI front. By the time (and if) Pat catches up with these new Fabs to the competition they will already have taken a chunk of Intel’s market. It’s is like when Netflix was already shipping DVDs and thinking about starting the streaming service while blockbuster started a home DVD mailing service. Too Slow and Too Late. Intel will continue to get hurt. It’s like Cisco and the third one was EMC which is now a commodity company under Dell the only hero of that era was Microsoft as it continued to reinvest and reinvent itself. Intel in many ways reminds me of IBM, HP, Compaq etc. got too big and too lazy.
cisco, oracle and others increased their profits back in 1999, but it was paper profits. they sold a bunch of stuff on credit and those dot coms went bust and all that gear was sold off on ebay. they were selling enterprise EMC SAN's on ebay then
TL;DR: Michael Dell and Silver Lake Capital took Dell private in 2013, Michael using $6 billion of his own equity. Dell merged with EMC Corporation in 2015, which owned 81% of VMware. In 2021, Dell spun off VMware in a deal which left Michael owning 40%. In 2022 Broadcom acquired VMware for approximately $61 Billion in cash and stock. The deal closed last month. Michael will see his initial $6 billion investment turn into $60+ billion, in which he will get $12 billion in cash.
SMCI would be the ticker. As far as I’m aware SMC has been the only GPU nodes. Dell EMC is also very popular. Tbh I could list a metric fuck ton and companies that are involved in data centers how much their revenue and profits stem from that? I’m not sure but one thing is clear. DCs are growing and not going away any time soon. The biggest issue is space and infrastructure. Go poke around and look up super micro computers and price how much their servers are going for. For what it’s worth I work in a building that is about 200k sq ft of usable rack space. You could in theory rack like 32k 4 node chassis in that building and we’re building 5 more in similar size on campus. Every single day I drive to work I pass about 15 campuses all doing the same exact thing. Facebook, Apple, Amazon, LinkedIn, TikTok, Microsoft, wework, twitter, Nvidia, google, and several more. So when you think about future growth…. You can be sure that SMCI is a clear growth stock.
🫵Got that EMC = Energy Made of Cum
The problem is not to your health. It's to other electronics. They are rated to withstand certain levels of EMC radiation and the iphone 12 was exceeding them.
So, you’re at least aware, perhaps, that the actual issue is EMC compliance? No one needs the bro-splaining about “non ionising radiation being totally safe” under all circumstances when 1) it isn’t the issue 2) it is also a lie. And that’s the point.
A few years back when they bought EMC.
I'm bullish on Intel for long term only. My reasons are below. I should have bought Nvidia when they split...but oh well. I firmly believe Intel will pull an AMD but it will take a long time just like it did with AMD. * Current CEO Patrick Gelsinger is old school Intel and seems to have innovation in mind. Per their site;"Before rejoining Intel in February 2021, Gelsinger was CEO of VMware. In that role, he transformed VMware into a recognized global leader in cloud infrastructure, enterprise mobility and cybersecurity – almost tripling the company’s annual revenues. Gelsinger was also ranked the top CEO in America in 2019 in Glassdoor’s annual employee survey. Prior to joining VMware in 2012, Gelsinger was president and chief operating officer of EMC’s Information Infrastructure Products business, overseeing engineering and operations for information storage, data computing, backup and recovery, RSA security and enterprise solutions." * CEO cut dividends to focus on innovation and growth. * Intel bought the new ASML machinery to catch up to 5 nm. * Intel is a investing heavily in their US Fabs, but they will take 5+ years to finish. [https://www.reuters.com/technology/intel-breaks-ground-20-bln-arizona-plants-us-chip-factory-race-heats-up-2021-09-24/](https://www.reuters.com/technology/intel-breaks-ground-20-bln-arizona-plants-us-chip-factory-race-heats-up-2021-09-24/) * If China were to take TSMC then the world would be at risk, the world needs another 5nm fab other than Samsung and TSMC. * CHIPS act in the US is helping Intel stay afloat while they incur large costs developing 5nm chips. * Germany announced they are funding 1/3 of the cost of a Fab in Germany from Intel. [https://finance.yahoo.com/news/intel-germany-sign-agreement-32-153331647.html](https://finance.yahoo.com/news/intel-germany-sign-agreement-32-153331647.html) * Intel's Cash position TTM is 11B which is also up from 4 B from 2019. So while yes they are investing they still have cash on hand. * **TL/DR; good leadership, Dividend cut, 5nm machines purchased, lots of investment. The business model is sound and finances are sustainable with Chips and Germany. Competition is good, Intel LONG.**