From Tech Trader Daily:
Intel (INTC) appears to be zigging while others zag, if you will.The stock has gone nowhere over the last decade, although not matching fellow
The company this morning said it will form a new subsidiary, “Intel Federal LLC,” to “better address new opportunities working with the U.S. government.”
Huh? The rest of the world seems to be doing anything they can to get away from relying on public sector budgets, but here’s Intel upping the ante.
In any event, Intel says it wants to focus on high performance computing needs of the U.S. Department of Energy and other agencies....MORE