Comment on Intel sells stake in Arm, estimated to raise $147 million as part of business turnaround

ThePantser@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

• sorghum@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

  I don’t know how solvent Intel is, but I’d be willing to be that this capital might go to covering that

  source

  • svc@lemmy.frozeninferno.xyz ⁨5⁩ ⁨weeks⁩ ago

    But then the board realized there are stocks to buyback, and that seems like a better use of the new funds

    source