Intel draws a line in the sand to boost gross margins — new products must deliver 50% gross profit to get the green light
www.tomshardware.com
Lip-Bu Tan is "laser-focused" on getting Intel back to maximizing shareholder value
  • WoodScientist@sh.itjust.worksEnglish
    6·
    1 day ago

    Issuing a press release like this should result in your company being immediately broken up. You clearly have far too much monopoly power if you can just decree profit margins like that.

    • F1gm3nt3d@lemmy.worldEnglish
      3·
      1 day ago

      I don’t think they can TBH. They’ve had a couple of shit years lately, something like a ~25% year-to-year decline in profit for the last two/three years? I think this decree is panicked and a result of that.