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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16635994" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3710251-intel-doesnt-expect-chip-supply-stabilization-until-2023" target="_blank">Intel doesn't expect chip supply stabilization until 2023</a></p><ul> <li data-xf-list-type="ul">Intel (NASDAQ:<a href="https://seekingalpha.com/symbol/INTC" target="_blank">INTC</a>) CEO Pat Gelsinger doesn't expect the global chip shortage to ease until 2023.</li> <li data-xf-list-type="ul">“I don’t expect the chip industry is back to a healthy supply-demand situation until ’23,” Gelsinger<a href="https://www.bloomberg.com/news/articles/2021-06-25/intel-ceo-says-chip-shortage-to-hit-bottom-in-second-half?srnd=technology-vp&sref=DWzi38c2" target="_blank"> tells Bloomberg</a> in an interview, continuing that the situation will still likely get worse before improving for a variety of industries.</li> <li data-xf-list-type="ul">Earlier this year, Intel announced a $20B foundry investment commitment in a push to become a global foundry player, competing against<a href="https://seekingalpha.com/news/3675501-intel-rallies-on-20b-manufacturing-expansion-to-become-global-foundry-player" target="_blank"> TSMC and Samsung. </a></li> <li data-xf-list-type="ul">Earlier this week, Intel announced a unit restructuring that included splitting the Data Platform Group into two new businesses: the Datacenter and AI unit and the Network and <a href="https://seekingalpha.com/news/3708908-intel-restructures-data-platform-group-adds-two-new-business-units" target="_blank">Edge Group.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16635994, member: 137766"] [URL='https://seekingalpha.com/news/3710251-intel-doesnt-expect-chip-supply-stabilization-until-2023']Intel doesn't expect chip supply stabilization until 2023[/URL] [LIST] [*]Intel (NASDAQ:[URL='https://seekingalpha.com/symbol/INTC']INTC[/URL]) CEO Pat Gelsinger doesn't expect the global chip shortage to ease until 2023. [*]“I don’t expect the chip industry is back to a healthy supply-demand situation until ’23,” Gelsinger[URL='https://www.bloomberg.com/news/articles/2021-06-25/intel-ceo-says-chip-shortage-to-hit-bottom-in-second-half?srnd=technology-vp&sref=DWzi38c2'] tells Bloomberg[/URL] in an interview, continuing that the situation will still likely get worse before improving for a variety of industries. [*]Earlier this year, Intel announced a $20B foundry investment commitment in a push to become a global foundry player, competing against[URL='https://seekingalpha.com/news/3675501-intel-rallies-on-20b-manufacturing-expansion-to-become-global-foundry-player'] TSMC and Samsung. [/URL] [*]Earlier this week, Intel announced a unit restructuring that included splitting the Data Platform Group into two new businesses: the Datacenter and AI unit and the Network and [URL='https://seekingalpha.com/news/3708908-intel-restructures-data-platform-group-adds-two-new-business-units']Edge Group.[/URL] [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Frying Pan Into the Fire -- Chip Shortage
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