Intel Cuts Dividend by a whopping 66% <a rel="noreferrer nofollow noopener" href="https://www.barrons.com/articles/intel-cuts-dividend-6a2e1f03" target="_blank">https://www.barrons.com/articles/intel-cuts-dividend-6a2e1f03</a> &gt;Intel announced Wednesday it will be cutting its quarterly dividend by 66%, saying the move “reflects the board’s deliberate approach to capital allocation.” &gt;Intel will be cutting its quarterly dividend to 12.5 cents a share , down 66% from its previous dividend of 36.5 cents. &gt;“The decision to decrease the quarterly dividend reflects the board’s deliberate approach to capital allocation and is designed to best position the company to create long-term value. The improved financial flexibility will support the critical investments needed to execute Intel’s transformation during this period of macroeconomic uncertainty,” I think Pat&#039;s direction is generally correct, slow down the financial manipulations while refocusing on becoming the best again, though there will be short term pain. As impressive as AMD&#039;s rise has been as someone who watched it as the forever struggling smaller competitor for many years, it&#039;s almost impressive that Intel competes this much stuck on a 10nm FF process at all. If they came back to fab leadership in 2025+? Who knows. Could even fabricate chips for former competitors like AMD and Nvidia.