2022: Intel 10nm End of 2022: Intel7 2024: Intel 100A (Intel70) 2025: Intel 10000pm (Intel7000) 2026: Intel 10000000fm (Intel7000000)

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 

ELT said so. They’re writing history on TSMC’s used toilet paper, so you know you can trust it.

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 (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 

Pat and David know what Q1 is shaping up to be and it is UGLY

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

https://twitter.com/dee_bosa/status/1628488898040016898?t=XsV_nAKaHlasXGOe3oHJww&s=19

Seems like california is about to get shaved again https://www.bizjournals.com/sanjose/news/2023/02/23/intel-to-slash-dozens-more-silicon-valley-jobs.html

Reduce headcount to be around ~80k Give the BEST compensation package to attract top talent and keep existing ones. When employees are happy, they put 120% effort Have more co investment partners for Ohio and Germany. Restore positive... — read more 

intel need to reduce headcount to be around ~85k to be competitive with compensation.

what is the size of company after CPM/layoffs?

No, we ain't gonna take it We're not gonna take it anymore

Dave never seizes to entertain us. Last time it was his sweater and today his neck dance. Which organization can provide you more entertainment than Intel.

Pat and Christy chose to keep it for themselves. Never believe the lie that there isn't enough to go around.

I once witnessed a high-level Intel manager refer to Intel engineers as "whiney lab rats" when he thought he was in the company of only upper management. He later became the CEO. That is the secret leadership culture at Intel. The absurdity of... — read more 

Glad to see Uncle PatG reducing technical debt at Intel like at VMware. Right in the toilet. Nice. Good luck to everyone!

Why would anyone with actual talent work at Intel? Intel has been an amazing employer for decades before we got to the point where we are now. But even at this moment, Intel pays well and provides decent benefits. I understand the pay cut and... — read more 

Intel is a walking dead zombie company. The United States’ road back to competitiveness in semi-manufacturing is to do what others long ago perfected: copy, cheat, and steal like a motherfuhker. Incentivize TSMC to bring leading edge nodes here... — read more 

https://twitter.com/SquawkStreet/status/1628435633348784131?t=J28jb43r2DHInDrm2ZsO_g&s=19

Companies can no longer silence laid-off employees in exchange for severance But the National Labor Relations Board this week put employers on notice that they can no longer silence laid-off employees in two very specific ways that the board says... — read more 

$NVDA's Q4 results are in: 💵 Revenue: $6.05B vs $6.02B expected 💲 Adjusted EPS: $0.88 vs $0.81 expected 🕹 Gaming revenue: $1.83B vs $1.6B expected Thanks Jensen and Lisa for continuing to embarrass Pat and INTC. I think the CHIPS ACT money should... — read more 

I have heard many rumors of IPG being spun-off to Synopsys or Cadence. This explains the management change to KT because IBC was not playing ball. Anyone know more?

Long time employee here. Pat coming back received nearly universal optimism. I was so smitten I purchased 1000 shares at retail in the 50's and lost half of the investment. I guess that is like working a month for free. The most important thing to... — read more 

How much better in real performance does the leading edge TSMC nodes have over Intel's? I have been out of it for some time. Just asking. Hope someone would explain.

So ... First they take our bonus, then our salary, then our 401k ... And god forbid if you are still a loyal employee and holding shares which are cut in 1/3rd, you used to get some dividend. They took even that away. So employee totally... — read more 

If you look at Q4 margins….can they really get better? Profits are being sacrificed for revenue. It is a sign that there is too much inventory, but also a sign the products are uncompetitive. 2023-2025 will be the “great leaning”. But still... — read more 

Both the CEO and CFO faced the public and many questions about the dividend just a short time ago, why wouldn’t they come clean on then the dividend? Can any executive be thrusted? Do they really think TAM is 300M because of one executives... — read more 

https://www.digitimes.com/news/a20230220PD216/intel-tsmc.html

If you can't manage manufacturing efficiently, spin it off or create a joint venture with TSMC (if so, TSMC will not need to build more fabs outside Taiwan and Intel still get a share from manufacturing). It will be good for both shareholders and... — read more 

https://www.youtube.com/watch?v=XRjm-sPrdns No screening of employees' backgrounds Implement layoffs too slowly and create unnecessary stress on employees Fix your culture. How could Pat say the culture is turned better when people clearly... — read more 

Internally, the company has issued only a very brief general statement on the matter and apparently has wiped away any electronic trace of existence of the perpetrator, Derrick Simmons. Given that Simmons had a past felony for as--ult with a... — read more 

The big question is, was this just a simple oversight by HR in missing Derrick Simmons past criminal behavior (felony for as--ult with a deadly we-pon) during the hiring process? Or did they just turn a blind eye to it and if they did was the same... — read more 

More layoffs needed to defend the dividend.

As a result of the pay cuts affecting everyone, many of Intel's most valuable resources will leave Intel once they have the opportunity to find another job. So, Intel's brain power will continue to decline, just when it is needed most. Someone like... — read more 

I was trying to think of a few things that have improved here in recent years. When I look back, I don't see that there were any changes for the better. Instead of getting the company back on track, Intel is just piling up issues. Is it a lack of... — read more 

Person doesn't know the difference between a resistance and capacitance works as an engineering manager. Makes my eyes bleed. No wonder why INTC is going to the cleaners.

Firstly, don't pay attention to the US id--ts who think the rest of the world has to be set up just like here, e.g. re: the EU pay cut consent requirement. But a question: in return to Intel not being able to unilaterally cut anyone's pay over there... — read more