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Motley Fool Hidden Gems Investing

Intel's Smart Hire, Importance of Earnings Guidance, and 5 Tips for Increasing Your Wealth

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 11 January 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Intel hires away Micron Technology's CFO as it preps to raise capital this year. Rivian Automotive's COO retires. Tim Beyers analyzes those stories, the latest on Juniper Networks, and shares why Netflix's management team is the best at offering guidance on their business results. Later in the show Alison Southwick and Robert Brokamp share five things you can do in five minutes to be richer in five years (or less). Plus, Bro proposes a new holiday for late February! Stocks: INTC, MU, RIVN, JNPR, CSCO, ANET, NFLX Host: Chris Hill Guests: Tim Beyers, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today on Motley Fool Money, a new holiday proposal for late February and a few tips on how

0:10.6

to have more money in the next five years.

0:12.9

That's coming up right now.

0:22.4

I'm Chris Hill, joined by Motley Fool's Senior Analyst Tim Byers.

0:25.6

Thanks for being here.

0:26.6

Thanks for having me, man.

0:28.4

We've also got a networking business that appears to be on the rise, but we're going to start

0:32.8

with some movement in the C-suite.

0:35.2

Intel has a new chief financial officer starting next Monday.

0:39.9

David Zinsner, I hope I'm pronouncing that correctly, is leaving his role as CFO at Micron

0:46.1

Technology to run the books at Intel.

0:49.9

We were going back and forth a little bit earlier today.

0:51.9

You see this as a move to what Intel has in store for mobile eye.

0:56.6

Do I have that right?

0:57.6

Yeah, I do.

0:59.3

This is somebody who has merger and acquisition experience.

1:02.6

If you don't know anything about Micron Technology, so Micron is primarily known as, I would

1:09.0

call them more of a lower level chip maker, more commodity type chips, memory chips.

1:17.6

Micron has done a lot of asset buys and sales, and this guy in June of 2021 executed a sale

1:30.8

of the 300.

1:34.1

I'm going to guess this is nanometer semiconductor factory, and maybe, yeah, I think so.

1:41.2

It's a semiconductor factory in Lehigh, Utah for 900 million sold to Texas Instruments.

...

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