Increasing stock buybacks is exactly what they would do if they were crapping their pants.
I can't imagine Server ASP is going to last now that Rome is out. Even if the big players stick with Intel I have to assume they will want big, big discounts.
uh no. Companies get aggressive buying back their stock when they think they are undervalued. Not when they are scared lol. I dont think you know anything when it comes to investing or corporate actions.
Intel spent 10bln ytd buying back their own stock. They are about to spend another 20bln in the next 15-18months buying back their stock.
In addition to that they are increasing their wafer capacity 25% next year (on top of the 25%) this year.
The company is THE ONLY large semi company that has increased its guidance this year.
Wall st. estimated ASPS down 6% for PC and 3% for DCG, ASPS were up in both segments.
Wall st. estimated DCG revenues were going to be down 9%, they were up 4%
AMD has been "competitive" since 2017. While they have taken share, Intel has hit record numbers, asps, earnings. .
The amount of hate in here on the company makes no sense. Intel certainly has been doing well and has crushed bearish expectations.