Intel Is Doing Something Wall Street Hates. That’s the Only Way It Survives.
Intel’s aggressive capital spending on the 14A node is making Wall Street unhappy. But that displeasure is actually a sign that Intel is finally making the right bet: short-term pain for long-term survival. The only way a legacy giant can regain technological leadership is to ignore the quarterly whisper and invest like its future depends on itβbecause it does.