[adrian_b]

At any other time that would not have looked so weird.

Now Intel has been forced to use an accounting trick to avoid losses that would have been the double of those reported:

"In the quarter ended in June, which we expect to be a very good one for AMD and Nvidia, Intel did not do so good. Revenues were down just a smidgen under 22 percent to $15.32 billion, gross margins were off 50.1 percent to $5.58 billion, and even with a $455 million benefit from taxes that Intel was keeping in its back pocket for a rainy day it posted a $454 million net loss. This is real red ink, and if it didn’t have that benefit and it had to pay some taxes, it could have easily been over $1 billion in losses."

From:

https://www.nextplatform.com/2022/07/29/intel-let-the-chips-...

It looks like now it should have been the time to prioritize saving their future over dividends.

[danielmarkbruce]

What if they can't save themselves? Paying out dividends at this point makes more sense than investing capital on which they'll earn a low or no return.

Does anyone believe Intel's problems are a lack of capital?