It’s actually surprised me to discover that many of the “big computer hardware” companies in the west have somewhat low ratings compared to what I had expected, so maybe this isn’t quite as big of a deal as I thought.
Nvidia’s and AMD’s respective credit ratings look higher (though I’m having trouble immediately finding recent numbers), but they’re also “hot” right now so probably aren’t a good comparison.
I think the bigger story is that Intel is going from “blue chip” type tech stock to more like Seagate or WD (declining revenues on a historical basis).
Didn’t want to submit this separately since it’s more business than hardware news, but Intel’s credit rating got downgraded to BBB (from BBB+) by Fitch: https://www.techspot.com/news/108942-intel-credit-rating-drops-two-steps-above-junk.html
I was reading about that earlier.
They really look their imploding.
It’s actually surprised me to discover that many of the “big computer hardware” companies in the west have somewhat low ratings compared to what I had expected, so maybe this isn’t quite as big of a deal as I thought.
Nvidia’s and AMD’s respective credit ratings look higher (though I’m having trouble immediately finding recent numbers), but they’re also “hot” right now so probably aren’t a good comparison.
I think the bigger story is that Intel is going from “blue chip” type tech stock to more like Seagate or WD (declining revenues on a historical basis).