Intel: What Happens Now?


  • Intel has cut its dividend by two-thirds, a move which does not surprise me at all.
  • In fact, such a move should perhaps have been announced earlier.
  • Dividend investors do not like the move, creating a potential opportunity.
  • With valuations down and the Mobileye stake getting more valuable, these could be interesting levels, albeit that conviction is lacking.

Intel Reports Quarterly Earnings

Justin Sullivan

In the final days of January, I concluded that Intel (NASDAQ:INTC) was off to a dreadful start to 2023. This came as the company had seen a very soft performance in the fourth quarter, while the first quarter outlook

Disclosure: I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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