It seems Tower deal is unlikely to go through
What happen to all the $BTC Intel bought in 2017?
Didn’t intel purchase BTC back in 2017. I never read or heard of them selling. Would be pretty cool if they worked on a gpu that mined BTC better than anything out. 🤷🏽♂️ maybe it be AI GPU. If that lined up with 2024-2025, Can see intel coming... — read more
Intel Filed WARN Notice in CA for 833 Layoffs
You can see the WARN notice for yourself with some of the details like number of layoffs by location and notice date, the filing date and the effective dates. You can download the report in excel. Just search for CA "Worker Adjustment and... — read more
AMD Retakes the Gaming Crown From Intel
AMD's Ryzen 7000 chips have been selling at retail with steep discounts for months, making them a bit more competitive. But in terms of raw gaming performance, Intel's Raptor Lake has been tough to beat. That changes today as AMD officially launches... — read more
Work from office may solve performance issues
I think INTC would be in a better space if it completely abolishes hybrid and remote work model. Too many freeloaders
A good read for the peasants as more famine is coming
It is interesting that the strategy in the end is to fight everyone on all fronts, starting from behind in both technology and scale, and this is a winning strategy ? More layoffs are all but... — read more
Intel releases software platform for quantum computing developers
https://www.reuters.com/technology/intel-releases-software-platform-quantum-computing-developers-2023-02-28/
Pat keeps saying Intel's AI performance is 10X the competition
Either he's telling the truth, in which case he's doing a terrible job of making this known -OR- he's bullsh--ting again, in which case he's causing yet more damage by over promising and under delivering. I have a feeling it's the latter based on... — read more
Where is the extra cost saving coming from
We're on track (seemingly) for saving the 3 billion they want from '23. They want to save 8-10 billion total by 2024 (or maybe it was 2025 I forget) Considering a significant portion of that 3 billion was made from layoffs - does that mean we're... — read more
Who is going to acquire intel?
if intel were to become an acquisition target, who would be the most likely acquirer?
Fake dangling of carrot
Do you think compensation will really be restored ?
https://www.businesspost.ie/news/intels-global-ceo-to-visit-ireland-for-meeting-with-leixlip-staff-over-challenging-times/
Not sure if this is good or bad news
Job search
What is the longest it took you to find a new job? It doesn't matter if you've been employed or not while searching, I'm interested in the longest period it took you to receive a serious offer you were willing to accept. I'm getting a bit discouraged... — read more
Hoping for the best
https://twitter.com/pgelsinger/status/1629881476677537792
This must hurt the haters
I am sure this hurts the haters and AMD employees over here at the layoff. Intel is back. The dragon is awake. Confidence four square! The competition... — read more
Intel is likely to be forced into IDM 2.0
Nobody wants to fab Intel chips when it is still wed to TMG. TMG couldn't make Intel chips. Nobody wants to buy TMG. Intel don't have the courage to discard TMG. So IDM 2.0 is cooked up to turn deadly bugs into features. It doesn't fool anyone but... — read more
How things play out from here
Earnings continue to deteriorate thru the year The sham of “5N4Y is ahead of schedule” is exposed as i4/MTL and then 20A are delayed. No foundry customer signs up for 18A this year Stock price drops to $20 and market cap gets to $85B .. — read more
Serious question: when will Pat be forced out?
Let’s get serious: The situation is deteriorating by the day. The fiasco of first cutting salaries, then being forced to cut dividend, then reinstating salaries within 2 quarters suggests that this guy is throwing darts hoping something will stick... — read more
Haters be hatin'. We back baybay ! Salaries restored
https://www.crn.com/news/components-peripherals/intel-vows-to-restore-staff-salaries-in-fall-as-emea-head-resigns
50 percent of CPUs sold to the public clouds will be Arm-based, not x86
https://www-theregister-com.cdn.ampproject.org/c/s/www.theregister.com/AMP/2023/02/14/google_prepares_its_own_custom/
Any new rumor on April layoffs
I headed from a few sources there might be Layoffs before or after Q results. Anyone will more details?
Time traveler stock price
Current stock price at around same level as it were in 1998. Shareholders be wild'n lol
Believe Pat or another lie?
“ We are back in the game, AMD in the rearview mirror and never again will they be in the windshield; we are just leading the market." “"We are committed to the dividend and to a very healthy and competitive dividend," “"The 3nm programs are on... — read more
Will Intel be successful in automotive?
What is your opinion? Will Intel be successful in automotive?
No one wants to work for Intel
We can't hire anyone worth their salt anymore. I don't blame anybody for not wanting to join this mess. We have built a reputation for being terrible over the last decade and people know by now that anyone who works here is going to have to put up... — read more
Intel to ban use of Chat GPT
Intel email states chat GPT not cleared for use by company
Intel isn't gonna get as many Biden bucks as it thought?
https://9to5mac.com/2023/02/24/chips-act-rivalry/ Yesterday highlighted CHIPS Act rivalry between Intel and TSMC in particular, as the US chipmaker voiced its view that American firms should get higher priority when it comes to financial assistance... — read more
What does ChatGPT think is the problem at Intel?
Q: In one paragraph, explain on Intel's decline came about? A: Intel's decline can be attributed to a combination of factors. One major factor is the company's inability to keep up with the rapid pace of innovation in the semiconductor industry... — read more
Massive layoff in preparation
April 28 is the date. Things are about to get REAL ugly. Get ready, you heard it here first!
Intel has many management later
The ratio of manager to employees are high. To get efficient my recommendation is open VSP so people can retire.
Intel EMEA president resigned after only 1 year
https://www.computing.co.uk/news/4076520/intel-emea-president-resigns-chipmaker-pay-cuts-short-term
These are the five nodes in 4 years
2022: Intel 10nm End of 2022: Intel7 2024: Intel 100A (Intel70) 2025: Intel 10000pm (Intel7000) 2026: Intel 10000000fm (Intel7000000)
Massive layoff in preparation for end of April
Preparation underway for a huge bloodbath by end of April. Preliminary internal numbers for the first half of Q1 are in, and the situation is much, much worse than ELT forecast. That explains the huge dividend cut and the preparation for massive... — read more
2 + 2 = 5
ELT said so. They’re writing history on TSMC’s used toilet paper, so you know you can trust it.
Remember Swan Song's "Path to 300" as in 300B in mkt cap?
INTC almost breaking below 100B. Right now 103B NVDA is 575B TSMC is 429B ASML is 246B AVGO is 241B TI is 154B QCOM is 140B AMD is 126B INTC is 103B AMAT is 94B INTC is much closer to "Path to 30" than "Path to 300." LMFAO GG BK BS PG
Intel Is Gutting Its Dividend. How Did It Fall So Far So Fast?
Intel (INTC -2.27%) recently revealed that it's resetting its dividend policy. The semiconductor giant is cutting its quarterly payout by 66% to $0.125 per share. That reduction ended years of steady growth for the dividend... — read more
Why the dividend cut?
Pat and David know what Q1 is shaping up to be and it is UGLY
How is Cameron working out for the Public Sector?
Curious as a lot of big tech are focusing in on gov work to get through the recession. If Intel can't bolster that business more layoffs would seem unavoidable
Blatant lies from messiah
https://twitter.com/dee_bosa/status/1628488898040016898?t=XsV_nAKaHlasXGOe3oHJww&s=19