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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

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Dec 5 4:00 PM EST

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To: Sam who wrote (89779)	2/22/2023 7:52:26 AM
From: Sam	1 Recommendation Read Replies (1) of 95531

BRIEF-Intel Updates Capital Allocation And Declares Quarterly Dividend REUTERS 7:49 AM ET 2/22/2023 * INTEL UPDATES CAPITAL ALLOCATION TO DRIVE LONG-TERM STRATEGY, DECLARES QUARTERLY DIVIDEND OF $0.125 * INTEL CORP(INTC) - COMPANY REAFFIRMS FIRST-QUARTER 2023 GUIDANCE * INTEL CORP(INTC) - REAFFIRMS FIRST-QUARTER 2023 GUIDANCE * INTEL CORP(INTC): BOARD OF DIRECTORS HAS RESET ITS DIVIDEND POLICY * INTEL CORP(INTC): REDUCING QUARTERLY DIVIDEND TO $0.125 PER SHARE (OR $0.50 ANNUALLY) ON COMPANY'S COMMON STOCK * INTEL CORP(INTC) - CONTINUES TO TAKE DECISIVE ACTIONS TO ADVANCE ITS STRATEGY, OPTIMIZE ITS COST STRUCTURE * INTEL CORP(INTC) - WELL ON OUR WAY TO MEETING OUR COMMITMENT TO REDUCE $3 BILLION IN COSTS THIS YEAR * INTEL CORP(INTC): LOOK TO DELIVER $8 TO $10 BILLION IN SAVINGS EXITING 2025 * INTEL CORP(INTC): DECISION TO DECREASE QUARTERLY DIVIDEND REFLECTS BOARD'S DELIBERATE APPROACH TO CAPITAL ALLOCATION * INTEL(INTC): IMPROVED FINANCIAL FLEXIBILITY WILL SUPPORT CRITICAL INVESTMENTS NEEDED TO EXECUTE TRANSFORMATION DURING PERIOD OF MACROECONOMIC UNCERTAINTY * INTEL(INTC): TEMPORARILY REDUCING COMPENSATION AND REWARDS PROGRAMS FOR EMPLOYEES AND EXECUTIVES * INTEL CORP(INTC): BOARD HAS DECIDED TO TEMPORARILY REDUCE ITS COMPENSATION AS WELL Source text for Eikon: Further company coverage:

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