Turnaround stories can be polarizing investments -- some see the long-term potential while others see a business full of problems to overcome. HOWEVER, an OVERSEAS SUPPLY CHAIN makes it take longer and cost more money than originally thought. As with ANY company. The supply disruption is PERMANENT. If there is no actionable PLAN B......
The highest Intel ever spent in a single year has been $16 billion. They are expecting it to go up beyond 2022. They're expecting this turnaround to be very expensive. .... because SPEND SPEND SPEND.....
They don't make what they need to in America. Like most US companies that have taken advantage of OVERSEAS PROFITS (ie. Apple, Amazon), they have no other opportunities to build what they need, where they need to. Supply Supply Supply. Stuck in the ocean & ports like EVERYTHING else from the OLD ECONOMY.
I'm a fan of SOFTWARE. #cannabisreform software. KERN
Looking forward to the Republican led "States Reform Act" on Monday.
GL all
Go Biden's "BUY AMERICAN ACT". Time to generate US MANUFACTURING & SALES in country. What a thought.... lol
PS. JUST BE SURE THE COMPANIES YOU INVEST IN CAN ACTUALLY MAKE THEIR PRODUCTS IN AMERICA SHOULD THEY SHIFT THEIR MANUFACTURING...... yikes
@EpicEconomics you miss two GREAT points: 1) they got contracts from the DoD 2) they gonna produce the chips home (War times, guess what...) This gonna be 100 dollars next year
Cocolessa
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You wrong, I’m holding for ever
UnknownUnicorn433843
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It will break the high and then come down
cyllan
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the only thing biden is buying is illegals votes.....he is selling though , loads of USA assets through his son Hunter , the ARTIST