Comment by graymatters

The business geniuses of intel bought Altera for nearly $17B in 2015. Now sold control at valuation barely half of that. After official inflation of over 30% during that time. Which means it lost over 2/3 of its value, (take into account also the lost interest on that money). Given that they gave up control for half the money, it’s effectively as if it was relinquished for 1/3 of what Intel paid for it. So far - no one of the responsible Intel execs paid any price for such atrocious loss of stakeholders’ value. They need to be in jail and lose their personal wealth to repay the stockholders.

The SEC should investigate them, see whether there was any inside trading to benefit from this horrible value loss.

This criminal lack of performance needs to be brought up during the upcoming shareholders meeting. Responsible must pay the price.

Would you hire again the Intel CEOs, head of Intel Capital, any members of Intel’s board of directors after such abysmal performance?