Under the agreement, Tower will utilize Intel’s advanced manufacturing facility in New Mexico. Tower will invest up to $300 million to acquire and own equipment and other fixed assets to be installed in the New Mexico facility, providing a new... — read more
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
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
Good work team Intel
https://x.com/pgelsinger/status/1698765370163929175 81 likes as of this post.
This is why software job codes changing again in October at intel
Simple reason not to pay you enough or give raise The California Department of Industrial Relations has announced that the minimum pay requirements for exempt computer software professionals will increase effective January 1, 2023, based upon an... — read more
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
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
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
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
Intel To Spend $9.7 Billion On TSMC Outsourcing In 2025: Goldman Sachs
I think this is the clear sign of upcoming split up of design and manufacturing. https://www.tomshardware.com/news/intel-to-spend-dollar97-billion-on-tsmc-outsourcing-in-2025-goldman-sachs The analysis from Goldman Sachs indicates that the overall... — read more
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
Layoff coming to TD and manufacturing
Watch minute 13 to 15 . Intel CEO mentions headcount reduction good lunch https://m.youtube.com/watch?v=yg06OWNQtbs&pp=ygUFSW50ZWw%3D
Big talk about IFS but the truth is TMG is a failure
Intel Plans On Ramping Up “Outsourcing” To TSMC, Orders Exceeding $19 Billion Let’s be honest x86 is big business but when you can’t make it internally what do you do watch AMD I. The rear view mirror... — read more
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
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?
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.
Grade 6 Folsom offer
Is grade 6 software 120k base in Folsom low? I have an offer to join
Intel using CHIPS Act funds to invest overseas, while laying off thousands in the US
https://www.reuters.com/business/intel-invest-12-bln-costa-rica-over-next-two-years-2023-08-30/
Sad to see my friend in GPU division leaving tomorrow
He was not able to find anything internally in 2 months
How many HC does Intel use to troll this page and get posts removed?
At least 1, probably more
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/
What kind of selection criteria is usually used for layoffs?
How worried should I be about layoffs as a relatively new hire?
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.
If CPMed who delivers the massage
If a person is CPMed who typically delivers the massage? First level manager? Second level manager? HR? Automated massage?
Intel has future
Regardless of all negativities I’m positive about 5 nodes in 4 year’s strategy.
Oregon seeks to penalize Intel $31,000 over failed pollution controls
https://www.oregonlive.com/silicon-forest/2023/07/oregon-seeks-to-penalize-intel-31000-over-failed-pollution-controls.html Good job people! First you stopped cleaning the restrooms, and now you're actively polluting and harming the environment and... — read more
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
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
Nearly all tools bagged in fab24
Being nearly a year now no wafers have ran thru the fab since Xmas factory shutdown 2022
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.
How many ppl will be gone in Aug 31?
Just wondering
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