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Intel Shifts from Buybacks to AI Growth | Raleigh News
Intel’s once-legendary shareholder rewards are on hold as the chip giant pivots from buybacks to reinvestment. After spending $153 billion over decades to repurchase shares — peaking at $14.3 billion in 2011 — Intel slashed buybacks to just $2.4 billion in 2021 and has paused them entirely since. With AI-driven manufacturing expansion draining cash and free cash flow declining, Intel is now selling more shares and suspending dividends to fund future growth. This strategic shift signals a bold move: prioritizing long-term tech dominance over short-term shareholder payouts. Listen in…
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