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Open original source ↗$INTC investors seem to be OK with a bump up in CapEx.
I think they’re getting the benefit of the doubt when Google did not because investors believe the Intel is a better capital allocator.
Some of their confidence may have come from a comment from the CFO tonight emphasizing they would not be making these CapEx investments unless they were highly confident in customers showing up.
https://t.co/valLeaZxRN