Comment by Jach
6 days ago
"In December 2015, Intel acquired Altera for $16.7 billion in cash." $21.5 bn inflation adjusted. Amazing ten year performance.
6 days ago
"In December 2015, Intel acquired Altera for $16.7 billion in cash." $21.5 bn inflation adjusted. Amazing ten year performance.
Sure, it was down 60%. But the real question is whether it outperformed Intel as a whole, and outperformed other internal investments Intel could make. I certainly wouldn't think that a 2015 dollar anywhere else within Intel is worth more than 40¢ today, given how they've been running.
Just to put numbers to it, Intel was $34 in 2016. It’s $20 now. So a dollar in Intel in 2016 would be worth 59 cents today.
ETA they also paid out almost $10 in dividends.
You are ignoring dividends. They have paid something like ~$9 of dividend per share since 2016.
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