Intel was the fifth most bought stock on the Capitol in 2024, with three Congress members buying the stock eight times over the course of the year, as per a tabulation by MarketBeat
How Intel ruined an Israeli startup it bought for $2B—and lost the AI race
https://www.calcalistech.com/ctechnews/article/s1tra0sfye Sources who spoke to Calcalist about Habana’s downfall unanimously agree that Intel mismanaged the acquisition by pursuing multiple competing AI strategies without fully committing to any... — read more
TSMC + Intel as a Joint Venture US Foundry?
Baird analyst Tristan Gerra says there are discussions from the Asia semiconductor supply chain that the U.S. government will get involved in potentially TSMC (TSM) sending engineers to Intel’s (INTC) 3nm/2nm fab, applying the company’s know-how to... — read more
Every company in the world is literally scrambling to make their chips in the US now
And of course IFS is nowhere to be seen. Only Intel could f up this badly.
So.... about that APB... when we gettin' it?
I know, I know.... been asked before... yada, yada... but those of us who were laid off wanna know when our "final payout" shall arrive...
Is Intel now a Trump stock? Its shares are surging after upbeat comments by J.D. Vance.
https://www.marketwatch.com/story/is-intel-now-a-trump-stock-its-stock-is-surging-after-upbeat-comments-by-j-d-vance-5b6a1a82
Turns out the Sales guy was right. It is fun to lay off people.
If you own the stock.
Another DEI running DCAI
https://en.globes.co.il/en/article-intel-israel-ceo-named-interim-head-of-dcai-1001501835 What a shame!!! JH did not keep anyone in the org that can run this division. Nokia folks should be very careful about this vulture.
Intel Shares Climb 5% as AI Chief Moves to Nokia
What does it say about you if the stock jumps as soon as you leave? https://finance.yahoo.com/news/intel-shares-climb-5-ai-160838978.html
Hoetard to Nokia
After “stabilizing” Intel’s data center, Justin Hoetard will be taking his talents to Oslo. Strategy is rumored to be around fuchsia-colored faceplates.
Meta Layoff Details
Layoffs are so en vogue. I’m really feeling like I need to reevaluate my career choices. I’m not an AI Engineer. Maybe I should be. I just hate the idea of training my AI replacement. Will AI be regulated so humans can exist? WTF? This is the real... — read more
What is taking the BoD so long?
There is literally only one person who should become CEO and who has a decent chance at saving whatever is left and building on it. Everyone knows who this person is. The Board definitely knows him. So what are they waiting for?!
Goodbye JH, you incompetent cheat!
He probably had a weekly reminder to re-org some team for the sake of it. He opened VSP for DCAI before the Aug1 sh-t-storm, knowing what was coming - and then declined to open it with the rest of the company. Lasted at Intel for just an year, didn't... — read more
DCAI head Justin Hotard fired
No longer on MSFT teams / management org. Anyone know what happened?
23,000 more layoffs bet 2025-2027+ Caufield as CEO
https://www.latestly.com/technology/intel-layoffs-us-semiconductor-giant-to-cut-23000-jobs-globally-in-2-years-to-save-usd-10-billion-amid-leadership-changes-and-declining-financial-performance-6627504.html Probably 50% of IFS, CPU(Atom, Xeon... — read more
Intel is paying too much
Compared to competitors, Intel pays way more. Most of people cant find same salary job in current market.
Intel's data center sales plunge https://www.tomshardware.com/pc-components/cpus/intel-data-center-cpu-sales-hit-the-lowest-point-in-13-years
Quite expected from a bureaucratic dinosaur company that likes to boast about their past laurels, struggling to find any CEO, having 2 MBA bozos as co-CEOs. Where did Gaudi and Falcon Shores go?
AMD stock lost more than double Intel total market value
Is there any AMD massive layoff going on? The stock tanked after talking to Intel CEO. What is going on here with Intel people?
Even if you take out foundry, intel probably has more than a 2:1 HC advantage vs Nvidia.
Are all these “extra” employees working on something riveting ?
Get ready for extra massive layoff. Tom Caufield is here.
At least 50k layoff without a single dime in severance. YOU HEARD IT HERE FIRST
Intel's vacant CEO spot rumored to be filled by Tom Caulfield
In a surprising move, GlobalFoundries this week announced that Dr. Thomas Caulfield had been appointed executive chairman, while Tim Breen will become the new CEO, succeeding Caulfield, effective April 28, 2025. While leadership transitions happen... — read more
More layoffs confirmed
https://folsomtimes.com/intel-announces-another-58-layoffs-for-folsom-campus/ I have confirmation that layoffs are happening in JF too. Brace for impact!
New CEO by end of February
I hope so…
Where’s Gaudi?
In the earnings report, Intel mentioned the company took a $922 million inventory reserve charge in 2024 for its Gaudi 3 accelerator line. These were the AI accelerators Intel hoped would challenge Nvidia in data center AI applications. Earlier... — read more
NXNE/NEX Katti/Lingham shd get the boot
Revenue is abysmal but the # of VPs, PEs, Senior PEs are surging in NEX. Some simple layout and Floorplan guys are now PE w no patents or significant contributions! Getting by brown-nosing
Chip Tariffs are expected to start on Feb 18th.
Grab your popcorn.
Germany
AMD mega-success in Germany: dominates with 92% market share, leaves Intel with just 8%… AMD is absolutely dominating the CPU market in Germany: AM5 and AM4 sockets have 92% market share, leaving Intel with a measely 7.84% market share. Read more:... — read more
Bill Gates - Intel
Gates said. “They missed the AI chip revolution, and with their fabrication capabilities, they don’t even use standards that people like Nvidia and Qualcomm find easy. I thought Pat Gelsinger was very brave to say, ‘No, I am going to fix the design... — read more
The SEC shows MJ has 4,313,000,000 shares! Is that really possible???
Look at section 144: Securities Information > 5th cell "Number of Shares or Other Units Outstanding" 4313000000 Can that be right??? https://www.sec.gov/Archives/edgar/data/50863/000196922324000785/xsl144X01/primary_doc.xml
How was Rewards week?
Anyone get anything worthwhile? My APB was low and got some stock
Check out circuit (DZ/MJ Additional Q&A)
ittttttt's starting RTO mother fuuuuuuuuuckers ... the comments are hilarious, cry babies the whole lot, get rid of them they are dead weight holding all others back. bring us bbbbbbback bbbbbback
Will we ever go back to normal?
Is this place beyond repair? I remember a time when job security was a thing. Yes, we had layoffs, but not all the fu--ing time. That's all I'm asking for. Being able to do my job without having to worry about still being employed the next day. Why... — read more
New CEO Identified?
Found on LinkedIn: https://www.linkedin.com/posts/lynn-coffin-46a8532_from-the-intelstock-community-on-reddit-activity-7293061800244191233-KxB6?utm_source=share&utm_medium=member_ios Dr. Thomas Caulfield will be the next Intel CEO With today's... — read more
Intel needs to layoff about 20k more employees….can they afford it?
It is going to get messy at Intel soon. Intel spent almost a billion on severances. They cannot keep it up. I left as a grade 10 and I was not a high earner, however my total package was well over 400k. I feel bad for the employees who will be... — read more
Intel is so broke it’s asking for $150
My former coworker got laid off while she was on maternity leave…. She got a new job thankfully. Intel is now harassing her saying she owes them 150 dollars because they overpaid her health insurance last year, yet they can’t tell her how they came... — read more
INTEL SLASHES EMPLOYEE BONUSES
https://www.calcalistech.com/ctechnews/article/rjbdryekye
GF IFS merger
You heard it here first.