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well it finally happened after much speculation Intel announced that they would be cutting their quarterly dividends 66 to 12.5 cents per share this brings their forward-looking annual dividend to 50 cents and a current dividend yield of 1.9 percent my initial investment thesis for Intel is now broken I was wrong in todays video Im going to explain the reasoning behind this dividend cut and share what Im doing with my Intel stock for years Intel technicians have been making PCS smarter now anyone can have all the brain power they want what do you have inside [Music] my name is Zach and you should leave a like And subscribe to the channel if you enjoy the video so what happened intel was once the dominant Global chip company vertically integrated across design and Manufacturing however in the most recent decade they missed key transitions to new product categories like mobile and fell behind in manufacturing advancement companies like tsmc gained the manufacturing and process Edge b