Do we see a trend here? Also don’t ask about margins…lol. No competitive products until 2025 likely…AMD and Nvidia taking market share in server ….Intel further margin reductions trying to hold on to the client moat, which is drying up. We... — read more
NVDA to the moon
Joined INTC back in 2018 and been investing them vested RSU amount back in NVDA. Best financial decision ever made.
Were earnings good to justify salary back and benefits back?
Was reading somewhere that intel beat earnings because they played with the numbers. Will intel be able to pay full salaries and benefits consistently onwards or will have to do salary/benefits cuts again in 2024?
How’s our GPU business? Are we riding the AI bandwagon?
The Circuit article about Aurora supercomputer looks promising. Are we selling our GPU to broader AI companies? Even though we may not be able to compete with Nvidia most advanced GPU, can we compete in lower end markets?
Let’s get serious for a moment! How much will Intel rock out once they have AI and 4nodes in 5 years?
Yea boiiiiii!
Technical Recruiter at IBM for Intel
What’s the story behind Technical Recruiter at IBM for Intel ? Intel is using IBM recruiting?
Disappointed from INTC leaders
On every webinar or earnings call they say it’s macro economic conditions impacting the business. Look at NVIDIA. Intel need to accept lost the game and has so much extra headcount which need to reduce.
For the first time NVIDIA beats Intel on quarterly revenue, with less than 1/4 of its HC.
Make your conclusions. Your heard it here first.
The End is Nigh.
Prepare yourself, don't be caught off guard. Y our livelihood is tied to Intel's results so, you should do everything you can to understand the IFS strategy and determine yourself if you think it can succeed or not.
Across the board 12% cuts in all departments.
Picking up a new signal. Looks like the real deal. Confirms? Apparently the first round where ancillary projects were cut is coming to close, now time for the full built cuts to bring us in line with re revenues.
Remember when?
PSO talked grandiose about Intel being a 100B revenue company and we were the center of the technology universe? Ah weren’t those the days! Than we passed on Apple, missed on Apple, got BK, Bob and Pat Missed on everything, a long serious of... — read more
Are we a hybrid first company now?
https://www.livemint.com/companies/intel-jobs-cut-company-reportedly-reduces-work-force-and-shifts-towards-hybrid-first-mode-11692598017946.html
Any chance?
When will manufacturing see a layoff?
The Fall of Intel
https://techovedas.com/the-fall-of-intel-how-an-mba-ceos-short-term-thinking-destroyed-a-semiconductor-giant/
Intel laying off ppl in batches and under reporting numbers
Intel announced 100 layoffs 2 days ago but there are more than 2,000 ppl in CPM. Axording to media, this is the 5th wave of layofs and counting. Not surprised if next year we see same
More layoffs announced
We are just announcing ppl that have been in com for few weeks expected to leave End of Month https://www.crn.com/news/components-peripherals/new-intel-layoffs-impact-gpu-and-cloud-software-staff-among-wide-range-of-roles
Time to get real, you guys.
This company started a slow decline over 10 years ago, and then became a slow moving train-wreck after BK's ACTs about 5-7 years ago. And now PG has only accelerated the collapse. Things are not going to get better anytime soon. What are you going to... — read more
When is the BOD going to get rid of PG!!!
The company is crumbling and losing money!!
You heard it first a while back
89 positions will be eliminated in CA. You know if you know
More layoffs. Time to wipe the dust off my resume
https://www.tomshardware.com/news/intel-to-make-further-workforce-cuts-in-us-report
Mr Mayhem has landed
https://www.tomshardware.com/news/intel-to-make-further-workforce-cuts-in-us-report
Promo
Anyone has heard of any conversation about Q3 promo that the company was supposed to start ? I wonder what all those folks who were so ecited with that meritocracy is coming back announcement are going through right now and were looking forward to... — read more
Are the mentioned TSCG leaders still intact?
I am not at Intel now. Besides SM, are the rest of the people mentioned still there? Hope intel reduced some of the redundant positions and teams by now... — read more
To those shouting Tower deal breakup is bad
https://www.reuters.com/breakingviews/china-does-intel-small-favor-2023-08-16/
BUs looking for more layoffs
Heard teams have to cut budget by 9% additionally. Is it true?
Why Washington Went to Wall Street to Revive the U.S. Chips Industry
https://www.wsj.com/articles/why-the-white-house-went-to-wall-street-to-revive-the-u-s-chips-industry-fe0a0aac Lookout China, Korea and Taiwan! Our mighty wall street women are coming for you.
Name your favorite three Executive Team members that will turn Intel around.
Mine are (in no particular order): Sandra Rivera. Because on a recent Interview with Jon Fortt @CNBC, Sandra said, 'I am this utility player Jon... I can build businesses. I can transform cultures. I can turn around a business, which is what I... — read more
More layoffs expected at intel soon?
First, they need 10B savings in 3 years, and it has been 1 year only. Second, tower deal gone Third, hedge funds dumping the stock badly ( see how stock dropped ) Fourth, losing deals to competition.
AMD in the rear view mirror
Revenue - AMD vs Intel, % 2022 37.43% 2021 20.79% 2020 12.54% 2019 9.35% 2018 9.14% 2017 8.37%
"Because Intel is a US company."
Intel Wants More Than its Fair Share of CHIPS Act Money https://www.techpowerup.com/312368/intel-wants-more-than-its-fair-share-of-chips-act-money
There goes $353 million down the drain
https://towersemi.com/2023/08/16/08162023/ Nearly 2000 jobs
Aug 15th Tower deal anyone ???
Fu----g DOA Another IFS win