So far, every single chip-related company is reporting sales/revenue collapses of at least 30-35% in Q1. You think Intel is going to be different?

Sales are collapsing, leadership lost, leaders delusional and sowing money they don’t have nor will get. Epyc FUBAR. Board we thank you for the last decade of exemplary stewardship!

Those who were looking for the Sapphire Rapids chip to solve Intel’s (NASDAQ:INTC) momentum troubles just had their hopes dashed. Intel’s slumping a bit in Monday afternoon trading as the new chip is hitting a sluggish patch of demand. Worse, it’s... — read more 

Bad news coming

For AMD? https://www.tomshardware.com/news/amd-ryzen-7000x3d-burnout-reports Like most of you, I come here for failures of Intel's competitions execution. Anybody hearing good things about the 4070? Lol.

function jobSearch(Candidate you) { // pre-work Goals goals = you.calculateTenYearGoals(); Compensation minimumBar = marketDataService.refresh(); List targetCompanies = searchTargetCompanies(goals, you.coreValues()); // self... — read more 

"Why is this electrical rule here? Do I need it? "Yes - I verified with the content owner. Compliance lowers the risk of dead silicon." "Have you seen dead silicon solely because of this rule?" "No, but you can't ignore it. These things add... — read more 

You heard it first. There might be new announcements in all company meeting. Layoffs and pay restore in 2024…. Do you want some hints?

It would be a great joke if it wasn't true

https://www.businessinsider.com/how-much-chatgpt-costs-openai-to-run-estimate-report-2023-4

Intel would lose the few good people it has left. Why would they do that?

If you want to move between BUs for another job, is it better to: A. Talk to your manager first about what you want and ask for their help B. Talk the manager of the BU you want to go to Use warmline and tell them you’re looking for a better fit — read more 

Asking for a devoted Christian friend.

Any update or rumors?

https://finance.yahoo.com/news/earnings-preview-intel-intc-q1-140302886.html This world's largest chipmaker is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of -118.4%. Revenues... — read more 

After earnings second round (probably smaller) might be announced. The earnings will improve in second half drastically but still extra fat should be burned. AXG folks should be ready specially after org merge. Manufacturing folks too.

https://finance.yahoo.com/news/1-globalfoundries-sues-ibm-says-170410751.html OAKLAND, California, April 19 (Reuters) - Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against International Business Machines Corp ... — read more 

Intel axes Blockscale mining ASICs it brought out just in time for crypto winter https://www.theregister.com/2023/04/19/intel_blockscale_asics/

AI will do a much better job of running this company. I'll gladly work for an AI instead of my lying, corrupt, bloviating, backstabbing manager.

Manager hires his wife with no experience other than some random degree in some unknown college, who barely understands technical terms, keeps silent all meeting long with no engagement. Totally uncalled for. No wonder why it's a dumpster fire out... — read more 

According to proxy 2023 headcount has decreased 6-7k between Dec to April and intel charged 1.2B for the headcount of reduction. Now there is no cash to pay for another round, so the cheapest option is to increase attrition. How? 1) Inflation... — read more 

You heard it here first over two months ago

Folks anyone hearing about rewards this year ? Not just restore, but rewards, raises, promos ? I wonder each day why I should work any harder when there is no incentive to outperform.

Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech’s most complex turnrounds Intel is today at another crucial juncture. If, as planned, the company finally produces chips made with EUV in large... — read more 

Old time ex-Intel here who left with a nice package in 2016 ACT2 reductions. I was glad to leave with such a lucrative package given that I saw the company heading down the wrong path and abandoning its core values. Many of the newer employees out... — read more 

The stock price has shown much better price action in the last couple of months. Looks like the decisions made by Pat are starting to improve the company's prospects. Keep up the good execution, Pat, and continue making the hard decisions when... — read more 

I don't blame the people who are overpaid considering they have very little to do, but the people who so thoughtlessly employed so much dead weight. Intel has a lot of it.

To this day we don't know if all the layoffs that were announced months ago have been completed. We don't know what's coming next and we have no idea if any of us are safe at this point. How does Intel management expect us to be able to concentrate... — read more 

Proxy 2023 page 117 The 2006 EIP is the sole active plan for granting equity awards. If stockholders do not approve the increase in the share reserve, the share reserve under the 2006 EIP will be too low to appropriately implement our 2023 and 2024... — read more 

Anyone can shed some like to the pay range for grade 5 to grade 7? Wondering if the gap is big between each grade. Thanks

Intel has around 100m outstanding shares to grant in the form of RSU read in proxy if remember correctly. The higher stock price, the lower stock share number grant. Now stock dropped 50% since last year meaning rate of running out of allocate share... — read more 

Terminally ill, just waiting to be put out of its f-cking misery

https://finance.yahoo.com/news/china-puts-pressure-intel-us-204138201.html

Intel laid off 544 employees while hiring 877 H-1B... — read more