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INTC: from a SeekingAlpha contributor. Intel will protect the dividend at all costs.
- Intel announced a major $30 billion investment partnership with Brookfield Infrastructure Partners.
- The chip giant will improve cash flows while giving up future profits for the investment.
- The company now protects the $6 billion annual dividend payout for several years.
- The stock remains a Sell until Intel solves the fundamental problems with the business.
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