Recession Looms, the Tariff Wars Do, Mmm?

A Dark Cloud Forming It Is

Hmm hear the news I do. Intel CFO David Zinsner speaks of recession. Increased the likelihood has. Tariffs like sand coarse and irritating they are. Everywhere they get. Trump's tariffs and retaliation from afar the cause they are. Fear I sense. A disturbance in the Force this is.

Stockpiling A Temporary Reprieve It Was

Good results Intel reported. But a trick it was perhaps. Stockpiling before the tariffs hit customers did. A temporary shield it provided. But the future cloudy it remains. Below expectations guidance fell. The stock tumbling down it is. Like Anakin Skywalker falling to the dark side hmm?

Wider Than Normal The Range Is

Uncertainty reigns supreme it does. $11.2 billion to $12.4 billion the forecast it is. Wider than normal Zinsner says. Tariffs the culprit he claims. Sensitive manufacturers are. Trade restrictions like shackles they bind.

A Web Tangled and Complex It Is

Manufacturing scattered it is. Domestically some chips are made. But partners they have in Taiwan and Korea. Machinery from Europe they import. Parts from China they need. A web tangled and complex it is. Like the political machinations of the Senate hmm?

Shrinking Market A Possibility It Is

Performance hard to predict it is. The tariff environment a fog it creates. The market shrinking it may be. Consumers buying less they might. A potential pullback Zinsner fears. Businesses and consumers reacting to higher costs. Like a Womp Rat in Beggar's Canyon hiding from danger they are.

New CEO A Path Forward He Seeks

Mitigate the tariffs they try. Costs will increase they will. Older chips consumers may choose. Cheaper they are. Hedging their bets everyone is. Inventory perspective they seek. Licenses required for advanced chips to China. Operational expenses cut they will. Efficiency Tan seeks. Dead money Intel is not hope remains there does! Hmm.