No. 43: Echoes of Intel, What the Oil Industry and Biology Have in Common
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Echoes of Intel in Micron I see Micron becoming an Intel-like situation, with not much capital coming back to shareholders in the end. Intel, in its glory days, stuck every dollar of profit back into the next generation of chips. They were miles ahead of competition. Therefore, you could guess that the business would gush cash the following year. However, at the end of each year they'd bet the farm on the next generation of chips just to keep the cash gusher going.
No. 43: Echoes of Intel, What the Oil Industry and Biology Have in Common
No. 43: Echoes of Intel, What the Oil…
No. 43: Echoes of Intel, What the Oil Industry and Biology Have in Common
Echoes of Intel in Micron I see Micron becoming an Intel-like situation, with not much capital coming back to shareholders in the end. Intel, in its glory days, stuck every dollar of profit back into the next generation of chips. They were miles ahead of competition. Therefore, you could guess that the business would gush cash the following year. However, at the end of each year they'd bet the farm on the next generation of chips just to keep the cash gusher going.