Buy or shed? Gotta keep with the latest Wall St fashion
When companies are performing well, they just ignore the Wall St talking heads, but as soon as there are problems, the companies must start doing whatever is deemed to be the right thing to be dooing, otherwise the shareholders give them hell and want boards fired etc.
That's much of what drove dot-bomb. Even companies with savvy boards were driven to buying up crazy start ups because that was what everyone did back then.
Now everyone is being forced to buy up other companies. Does Altera make sense for Intel? Maybe.
Even though Altera SoCFPGAs are ARM based and not x86 based and have little in common with Intel, an injection of Intel process savvy could really help the FPGA people make faster devices that use less power. (The current Altera board I'm working on eats about 8W and gets HOT.)
Intel has lost effective market share - their Atoms are crap and being killed off by ARM. Intel need to find some new business to get some growth and maybe they can do that in the FPGA/Embedded space.