We recently published Jim Cramer discusses 10 stocks as he blows up China's hostility to the United States. Intel Corporation (NASDAQ:INTC) is one of the stocks recently discussed by Jim Cramer.
Intel Corporation (NASDAQ:INTC) cannot rest in 2025. After the latest earnings report, the company has scared investors and sunk its stake by warning that it may have to stop developing its next-generation 14A chip manufacturing technology and cause a lot of reports. Cramer is confident in Intel Corporation (NASDAQ:INTC) CEO Lip-bu Tan, but he is not very happy with successor Patrick Gelsinger. CNBC TV host repeatedly criticized the former Biden administration for funding Intel Corporation (NASDAQ:INTC), although he warned the company of poor debt-to-asset ratios. This time he also reiterated his views on the Gelsinger era:
“Gelsinger tried to build things here with government funds, he lost 18 billion and now we get a balance sheet that I didn’t even know could maintain what was going on.”
Intel Corporation (INTC): I don't know if the balance sheet is sustainable, Jim Cramer says
Earlier, Cramer discussed Intel Corporation's (NASDAQ:INTC)'s foundry business and its CEO Lip-bu Tan:
“Well, foundries are not wise. You're right, we need them in the country, but they're not necessarily profitable, former CEO Intel has a new CEO at Intel. The CEO's name is Lip-bu tan, who knows exactly what you know about foundries. Even my favorite NVIDIA will be able to compare with many others and even have a break.”
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Disclosure: None. This article was originally published in Internal monkey.