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To: E_K_S who wrote (74628)12/26/2023 2:09:45 PM
From: Madharry  Respond to of 78958
 
OT this is a mindbogglingly stupid announcement by Government of Israel at a time when the country is on a total war footing with 200,000 Israelis displaced and 300,000 called up for reserve duty. This looks like a protracted war and will require extensive rebuilding of structures that were destroyed and burned on October 7 and after. I would think it will be more difficult to get massive US government funding as well as private support for Israel which will be needed while at the same time offering a $3 billion subsidy to INTEL. This smells very fishy to me.

I have added more TTI after reading a write up on the VIC website.



To: E_K_S who wrote (74628)1/3/2024 9:21:52 AM
From: Sean Collett1 Recommendation

Recommended By
E_K_S

  Respond to of 78958
 
RE: INTC

Intel will also be spinning its AI software off with backing from DigitalBridge Group. Seems no details on the value of the deal yet, but interesting move.

Intel spins out AI software firm with backing from DigitalBridge

Intel bought Mobileye in 2017 for some $15B and then later spun it off in 2022. In October 2022 MBLY closed at $28.97/s and today it is at $41.34/s. Could be a decent opportunity here.

-Sean