Any meeting I go see motivation level is -20 and everyone just do bare minimum. Is it the same in your team?
Have you read the specs of mac m3 laptop/desktop?
Are they a threat to us?
Salary raise
According to government as of today if you want the same purchase power as April 2022 you need to earn 6.46 more. I am not counting upcoming inflation stats. if you get at least 6.64 salary raise in 2024, you will be making the same money as 2022... — read more
Story of many
DENIED the promotion. So she RESIGNED. The CEO had promised her (all year) a promotion to VP. But then, the hammer FELL. They hired someone from the "outside" and she got passed over. Frustratingly she had enough. She quit caring. She started... — read more
Will I buy Arm PC? No
My simple answer is No. I have many software that requires X86. I want to use them as I do not want to use some of subscription models with newer software. In addition, there are many legacy games. Also with the efficiency argument, it only applies... — read more
Grasping at straws
The entire world: GPUs are the future of computing Intel: x86 is the only way to do computing, now and forever. The entire world: How do you plan to compete against NVIDIA? Intel: We are so confident in x86 that we disbanded AXG. Also, NVIDIA... — read more
3 billions savings in 2024
Are we expecting layoffs in 2024 ? Why nobody is talking about that?
ELT denying the ARM chip threat
Reminds me of the scene in the web series Chernobyl where the character Dyatlov says " 3.6 roentgen. Not great , not terrible "
I have said to ELT and hope they accept
Employees are not happy with their compensation compared to competitors.
Intel’s blackberry moment
https://www.theregister.com/2023/10/27/intel_q3_2023/ We take all our competition seriously, but I think history is our guide here. We don't see these as potentially being all that significant overall," he added, a sentiment somewhat at odds with... — read more
The reality of Intel’s Q3
“we delivered an outstanding “ “this quarter demonstrates the meaningful progress we have made towards our IDM 2.0 ” “I have been studying SEM diagrams for almost 40-years. RibbonFET and PowerVIA are true works of art” Pat boasts about being back... — read more
Salary raise 2024
Star looking at other jobs I’m feeling 2024 rewards and raises not something 90% of intel will like
Intel CEO Says Nvidia Arm PC Chips Will Have ‘Pretty Insignificant’ Impact
Will this be yet another example of PG shooting his mouth off that won't age well. Apple: a lifestyle company. AMD: in the rear view mirror. INTC Dividend: won't be cut. etc.... — read more
Layoff are happening without noise
Look at restructuring cost in earnings and give you a clue about layoffs in 2024.
Intel slight of hand takes negative GAAP earnings and turns into positive $.41 / share.
Subtract out acquisition costs and share based compensation and turn a loss into a profit. Non-GAAP accounting running out of control. Sales down 8% from prior year... but according the press release the company is doing a bang up job. Set the... — read more
Is there hope or are we done?
After reading so many bad news of AMD. Nvidia and TSMC eating our lunch I wonder if we are done or if there is future. How much life left to the company?
When is PG getting kicked out? Any guesses?
BoD, PG… When will they all resign or be let go?
2024 budget
BUs will have slightly lower budget than 2023. Promos will be limited and in most cases no salary raise. Enhanced 401k will be a joke when you hear back. 5% 401o contributions may be push by two quarters.
Are layoffs going to be announced tomorrow?
Just wondering
VSP package
My buddy told me intel pays way below industry standard comp and our competitors. I agree with him. A lot of people are in search of opportunities to leave. Good luck competing with NVDIA and QCOM in cpu market. Soon you see flow of talent hijacked... — read more
How will Intel ever fund the IFS strategy... It's a disaster.
So, now we have interest rates climbing about 5% on gov't bonds and corp bonds have a spread of 1.5%+ as credit rating goes down... Intel gross margins are in the dumps and there isn't enough profit to fund the 'new new thing' IFS business. Intel's... — read more
Will PSG spinoff work for Altera
Been with the PSG group for a while. Most of their tools/reports are old outdated and Intel focus. Even the newer projects are a sh*tshow. Just wondering if spinoff would put the final nail on the coffin for Altera knowing Intel didn’t do jack with... — read more
Qualcomm Unveils New PC Chip in Challenge to Apple, Intel
https://www.msn.com/en-us/news/technology/qualcomm-unveils-new-pc-chip-in-challenge-to-apple-intel/ar-AA1iMwsu?ocid=msedgntp&cvid=ae8002bd91f44d589f0c78035af33f8a&ei=23
i am at breaking point
Two years ago, I decided to reject another offer and stay because I believed in IDM 2.0 fundamentals. Now, we have not had a raise in almost two years, and bonuses have been very low or suspended in the past quarters. God knows how small (I hope not)... — read more
Nvidia eating our lunch?
https://finance.yahoo.com/news/exclusive-nvidia-arm-based-pc-185840418.html Nvidia dominates the market for artificial intelligence computing chips. Now it is coming after Intel’s longtime stronghold of personal computers. Nvidia has...
The Sitting Duck Took Another Buck Shot
https://www.reuters.com/technology/nvidia-make-arm-based-pc-chips-major-new-challenge-intel-2023-10-23/
Special RSUs
Any news on the one time RSUs compensation coming later this year?
“Meteor Lake will be our next “Centrino Moment” not can layoffs be far away
ntel Core Ultra 7 155H Underwhelms in PassMark Database Appearance Another Meteor Lake laptop result, another multi-threading disappointment. https://www.tomshardware.com/news/intel-core-ultra-7-155h-underwhelms-in-passmark-database-appearance — read more
Who will be intel foundry CEO?
Any rumors on this?
Earnings next week
Will we beat or miss?
My opinion as an investor
I would like to express my concern regarding employee compensation at Intel, as opposed to solely focusing on profit margins. It has come to my attention that many employees feel they are being underpaid and not receiving bonuses. It is important to... — read more
x86 end of life approaches
A bold statement from techradar. Nonetheless, Microsoft appears to be embracing the ARM architecture again. https://www.techradar.com/pro/microsoft-is-now-teaching-developers-how-to-code-for-arm-as-x86-end-of-life-approaches
Bring everyone and their mother from overseas!!
Instead of investing in educating our own and improving our education system, bring everyone and their mother from overseas!! https://www.barrons.com/articles/intel-chip-war-china-immigration-627440b1
Fabs and US recession
Fabs will act as cash burning oven on full burner during recession. The outstanding debt for servicing these Fabs will bankrupt the company. You heard it here first
Intel could learn from FoxConn
Read this first: https://www.cnbc.com/2023/10/18/apple-supplier-foxconn-to-focus-on-specialty-tech-not-cutting-edge-chips.html This article discusses leading edge semiconductor technology and Intel isn't even mentioned. To the world outside of... — read more
Why pay model removed range?
I noticed pay model does not show min and max anymore. Is it because they don’t want us to know being underpaid ? Or layoffs in progress and trying to push people leave first?
Intel 4 another work of FUBAR
Sources at Intel's LTD development site in Ronler Acres outside of Portland report - Several of these process modules lack the requisite process characterization and process control to provide economically viable yields". The Finfet transistor... — read more