Cardano founder Charles Hoskinson made a sarcastic comment suggesting that Intel is dead after a supposed bullish call from Jim Cramer, the host of CNBC's Mad Money show. However, it was later revealed that the article linked by Hoskinson actually portrayed Cramer as cautioning against investing in Intel. Critics believe that Cramer's predictions are often wrong, and there is an ETF that tracks his predictions and takes the opposite position, which is down 8.3% year-to-date. The future of Intel remains uncertain, but analysts believe that the appointment of a new CEO and revitalization plans may offer short-term boosts.
- Content Editor ( thecryptobasic.com )
- 2024-12-30
“Intel Is Officially Dead”: Cardano Founder Quips at Supposed Jim Cramer Call, but There’s a Catch