Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

I'm underwhelmed by what's available

I've got my second offer since I started casually looking for something new a few months ago and both of them are under what I make here. The jobs are great but the compensation is just not where it should be. Is this normal these days? Should I... — read more 

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| 2070 views | | 11 replies (last September 22, 2023)
Post ID: @OP+1osggNyY

China's SMIC has caught up with Intel

New Huawei HiSilicon CPU at 7nm on SMIC process. https://www.tomshardware.com/news/huaweis-new-mystery-7nm-chip-from-chinese-fab-defies-us-sanctions https://www.techinsights.com/blog/techinsights-finds-smic-7nm-n2-huawei-mate-60-pro

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| 1220 views | | 3 replies (last September 7, 2023)
Post ID: @OP+1oslNb4i

Good work team Intel

https://x.com/pgelsinger/status/1698765370163929175 81 likes as of this post.

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| 1280 views | | no replies yet
Post ID: @OP+1osCaOmE

This isn’t good, it is FUBAR!!!!

Credit to @lyo+1orfgVya This isn’t good Based on some calculations I just ran, Intel doesn't have sufficient cash to both purchase / outsource current designs to TSMC .AND. fund new process/fab build out for IFS. The amount of cash needed is... — read more 

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| 1131 views | | 3 replies (last September 5, 2023)
Post ID: @OP+1orGUj9D

Zacks Research rates Intel as a 'D'

Value: D Growth: F Momentum: B Overall: D Value measures. Intel forward PE is 60. The 'PEG' ratio is the ratio of PE to growth. Intel PEG is over 9. PEG under 2 is preferred. Intel revenue is 31% below what it was 2 years ago. The core... — read more 

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| 1150 views | | 5 replies (last September 6, 2023)
Post ID: @OP+1orChajE

HOW DO FABS WORK EXACTLY?

Fabs require many expensive devices to function. Estimates put the cost of building a new fab over one billion U.S. dollars with values as high as $3–4 billion not being uncommon. TSMC invested $9.3 billion in its Fab15 300 mm wafer manufacturing... — read more 

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| 1140 views | | 4 replies (last September 4, 2023)
Post ID: @OP+1ordWAJ7

BUMP

company used to be very focused on product gross margins... it was in the50s/60s for a long time. Now it is well below 40%. For the first time in decades, Intel has to worry about investing cash flows and SG&A... TBH, Intel isn't very good at... — read more 

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| 1052 views | | 5 replies (last September 5, 2023)
Post ID: @OP+1oryqLMf

IFS Core Incompetency Game Show

I will name five critical areas required for success that Intel is missing, see if you can name five reasons why IFS should win. Intel has much higher cost structure then TSMC Intel has weak and inexperienced management in IFS Intel has no... — read more 

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| 916 views | | no replies yet
Post ID: @OP+1orvKV4U

IFS will be a FUBAR

“Remember, I'm a customer of TSMC. So I know exactly what their wafer costs are, what their wafer ASP is, they're presenting to their N5 customers, to their N3 customers, their budgetary for N2. We know what the target is, right, for that.” A... — read more 

INTC ocotillo incident

Why no one suing INTC over the tragic incident that happened earlier this year. There's a lot of money involved tbh

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| 1670 views | | 6 replies (last September 9, 2023)
Post ID: @OP+1ooZYiB9

Large customer!!!

https://technews.tw/2023/09/01/intel-to-accelerate-arizona-fab-build-out-after-getting-large-customer-order/ who is this d-mb customer?

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| 2420 views | | 9 replies (last September 5, 2023)
Post ID: @OP+1ooJpnPr

PC Refresh canceled due to no inventory

I have windows 10 work computer and overdue for new PC. I ordered and scheduled for pick up. Delivery day order was canceled...... WHY? NO PC INVENTORY. Classic incompetence. It's like dialysis center with no dialysis machines.

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| 1560 views | | 9 replies (last September 2, 2023)
Post ID: @OP+1ooP39n0

Grade 6 Folsom offer

Is grade 6 software 120k base in Folsom low? I have an offer to join

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| 1670 views | | 8 replies (last September 2, 2023)
Post ID: @OP+1ooglwYh

Can Intel climb up out of the toilet swirl?

Fab as a Service could work but only if the Feds prop it up forever. There’s reason to do that (if China takes over Taiwan at this point of TSMC’s concentrated market share, the US takes a huge economic hit). Is there any other strategy that... — read more 

Pat needs to man the fu-k up

https://fortune.com/2023/08/29/amazon-ceo-andy-jassy-return-to-office-mandate-or-face-consequences/amp/

PG’s IFS Moonshot is not investing… it is gambling!

IDM 2.0 is a huge gamble and not solid investing… Warren Buffett preferred to invest in TSM rather than INTC and that should tell us something. PG’s moonshot is an insane proposition and the real investors see it.

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| 1070 views | | 7 replies (last September 6, 2023)
Post ID: @OP+1omivoVq

Intel has future

Regardless of all negativities I’m positive about 5 nodes in 4 year’s strategy.

Leave

If you have any worthwhile skills I would suggest you leave this shitshow that is Intel as soon and as fast as you can. And make sure never to look back. I know a few people who decided to return a few years after leaving, and each of them regrets... — read more 

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| 1890 views | | 8 replies (last September 3, 2023)
Post ID: @OP+1olN9HNA

Moore's Law is a Two Edged Sword

The irony is here is that with each new process node Intel needs more products just to generate the same amount of factory utilization... with chip demand falling 20% per year, and five nodes in four years, the math doesn't work out. You end up... — read more 

Is this the goal?

Is the goal to replace all older employees with younger and cheaper (or easier to control and get to do two jobs for the pay of one) workforce? Because from where I'm standing, that certainly seems to be the case. Does nobody at the top see all the... — read more 

Asking for a friend.

If you are still at Intel and are there because you honestly belief the IFS strategy will work, can you explain why you believe that? How can Intel beat TSMC who has lower cost, better ecosystem, more nodes, more tools, more experience and process... — read more 

HR guidelines RTO

HR released a guideline comparing intel Hybrid work with FAANG to ask more days in office. I wish head of HR and management would compare salaries and RSUs too.

Simple math. Cut the heads now.

In the first half, Intel had $2.2Billion in operating losses...This is roughly $12 million dollars a day in losses! Assuming a $200K / year burden for each employee, Intel would have been break even if it had cut 22,000 workers... So again, I ask... — read more 

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