stock buybacks - Aliff Capital

Intel Cuts Dividend Amid Turnaround Efforts

Feb 22, 2023Juliya RostovaCompanies, Intel Corporationcapital expenditures, cash burn, CFO, chip maker, chip stocks, competitive position, dividend, Dow, earnings call, execution, free cash flow, funding, Intel, investment, investors, market value, operating income, PC sales, Revenue, S&P 500, share price, stock buybacks, stock price, turnaround plan, Verizon

Intel Corporation, the world’s largest chipmaker, has announced a two-thirds cut in its dividend, dropping it to 50 cents a year. The move comes as the company faces mounting pressure to fund its expensive turnaround plan amid concerns over its competitive position and a sinking market for PC sales that still drives the bulk of…

Wealth Concentration: A Call for Fair Distribution

Wealth concentration can have significant economic and social effects on the middle and lower classes. It can lead to a reduction in economic mobility, a decrease in purchasing power, and social unrest. However, there are solutions available to address this issue, including tax policies and programs that promote economic mobility. By taking action to address…