I bought INTC to hold for 10-20 years based on the promise of long term investment in domestic manufacturing. I didn't care if they took a decade to battle back. Seeing them sell of the foundry business would be enough for me to cut my losses before the titanic hits the ocean floor. They'd be a walking corpse at that point IMO.
If they spin off the foundry it's very possible stockholders will end up having stock in both companies. If they sell it for cash that's another story.
I bought INTC to hold for 10-20 years based on the promise of long term investment in domestic manufacturing. I didn't care if they took a decade to battle back. Seeing them sell of the foundry business would be enough for me to cut my losses before the titanic hits the ocean floor. They'd be a walking corpse at that point IMO.