Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
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I knew intel have been doing horribly recently, but they are only $83.3B market cap, I had no idea they shit the bed this much.
I’m actually surprised it took people this long to realize how truly horrible Intel leadership has been over the past 2 decades.
Intel's assets are worth more than Intel's market cap. That's how badly they're doing in the stockmarket, and also shows you how market cap is a fairly irrelevant indicator of a company's value.