That's what the market has been saying for a while: the cost of the assets were mal-invested in its current context and are not worth what the accounting says they are.
Markets obviously can be wrong, but to think that markets are so inefficient that it confuses book value with liquidation value for a company like Intel is much more wrong.
Markets obviously can be wrong, but to think that markets are so inefficient that it confuses book value with liquidation value for a company like Intel is much more wrong.