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A comment on Intel can’t grow profits in a global chip shortage. Parent comment
> They are currently spending large amounts of money on capital expenditures to ensure future competitiveness and that eats into profits.
Which is precisely why understanding more than just an Income Statement (i.e. Earnings) is important to understanding how much companies "make".
Hilariously this article was published in Jan. Intel just (April) recorded its highest quarterly earnings ($8B).
https://www.intc.com/news-events/press-releases/detail/1541/...
Financial media is such a trash-heap.
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> They are currently spending large amounts of money on capital expenditures to ensure future competitiveness and that eats into profits.
Which is precisely why understanding more than just an Income Statement (i.e. Earnings) is important to understanding how much companies "make".
Hilariously this article was published in Jan. Intel just (April) recorded its highest quarterly earnings ($8B).
https://www.intc.com/news-events/press-releases/detail/1541/...
Financial media is such a trash-heap.