I can still remember the various DEI policies that led to hiring meagre employees. We were guided to hire particular groups of people, and bypass talents. Through time, all these DEI hires went on to hold leadership roles. Hence meritocracy took the... — read more
Q4’24 beat, Q1’25 below estimate
Just so we can post a beat again this quarter. And you guys still whinning?
Clowns
It takes a good couple years to design and validate IP for a new process node then to assembly it all into a real chip and pilot run it. I20 and I18A ship already sailed and I14A is the the first chance to get it right yet we have the same clowns... — read more
I knew Intel was doomed due to ESPP
When I worked at Intel every co-worker immidetiatly sold their ESPP for "muh 15%". How these short sighted mo--ns got hired I never knew, but it was my tell to GTFO out of this sinking ship. No employee had long term vision... just "what's best for... — read more
Q4 Bonus / 2024 APB published?
Not expecting much, if any.. left the company last November and curious
Seems clear that any layoffs will be targeted, isolated to product decisions or foundry efficiency.
Glad to hear that they are actually switching to what is referred to as 'smart' capital, rather than spending like a drunken sailor on capacity that does not serve a customer. If the semi tariffs are forthcoming then it they may need to ramp up the... — read more
“Managing the Message”. Intel is a pro at this!
Managing the message that they are a 40b company. Still Intel has 2 levers they will pull: 1- grasp for business, growth will be slow at best 2- cuts costs
Intel is better with only 1 cent earning
You hear it here first. No new CEO until we can earn 2 cents better next quarter to keep cost down.
Intel doing much better now that they shed the dead weight.
Another few quarters of performance management should enable the company to sustain profits even as revenues remain flat. I bet many companies are approaching Foundry, to prepare for the semiconductor tariffs which appear to be ready to happen... — read more
for those who signed their severance late
how long after you signed the release agreement, you got your payment? thanks
Funding Secured!
I read it on X so it must be true.
I’ve been working hard on having a backup plan
I want to be prepared for whatever comes next with Intel—whether it’s layoffs, RTO, restructuring, or selling parts of the company. The uncertainty has lasted too long, and working on alternatives has helped me manage the stress and anxiety, which... — read more
Ex-Intel CEO Pat Gelsinger's startup chose China's DeepSeek instead of OpenAI
DeepSeek reminds us of three important learnings from computing history: Computing obeys the gas law. Making it dramatically cheaper will expand the market for it. The markets are getting it wrong, this will make AI much more broadly deployed. ... — read more
RTO Announced today
along with the strong earning miss, that Intel still is searching for its next CEO, RTO will be mandated for all, remote workers will have a fixed time to move to a core site. Start to wrap your head around your future work site.
Why have I never heard the term “Grand Rapid” here?
This article would leave you to believe it crushes the AMD solution and at a lower price point: https://www.fool.com/investing/2025/01/29/intel-just-created-a-big-problem-for-amd/
DCAI update?
After one year, Justin removed many many people.. However can he survive for another year 🤔
January 30th 2025 Earnings Guesses
Let's here your honest (not id--tic) guesses on EPS and quarterly and total 2024 revenue.
Alibaba releases AI model it says surpasses DeepSeek
Bandwagon in 3,2,1... https://www.reuters.com/technology/artificial-intelligence/alibaba-releases-ai-model-it-claims-surpasses-deepseek-v3-2025-01-29/
Best talent I knew around me has already left
All that remain are the loyalists, Intel lifers, and folks who are busy with family/kids/house, etc working from home. Is this how this company will prosper?
Will you support Intel Hellgate AI ?
IF it is much cheaper than OpenAI Stargate DeepSeek
Nobody needed Chips Act money to build fabs in the U.S.
https://old.reddit.com/r/FluentInFinance/comments/1ic0kmh/i_dont_even_know_how_to_process_this_trump_to/ TSMC will be begging to build their fabs here. DJT has spoken.
Intel to turn empty offices into greenhouses.
You heard it here first. https://www.bbc.com/future/article/20250127-why-veg-is-growing-in-empty-office-spaces
Brace yourself - Thursday is going to be bad
Update your resume folks
Does DeepSeek vindicate Larrabee?
I think it does! RL needs the CPU to run the RL environment. Larrabee GPGPU allows this to scale efficiently. Thanks Pat!
That's a revelation!!!
Gelsinger is, of course, the recently former CEO of Intel, a hardware engineer, and current chairman of his own IPO-bound startup, Gloo, a messaging and engagement platform for... — read more
Intel's former CEO says the market is getting DeepSeek wrong after AI chip stock rout
DeepSeek's new AI model has triggered a sell-off in top AI stocks. Former Intel CEO Pat Gelsinger thinks the markets have got it wrong. Gelsinger said DeepSeek's claims of creating AI cheaply will drive demand for chips, not reduce... — read more
DeepSeek is disrupting AI the way ARM disrupted x86.
Open source eventually gets good enough to overcome the first mover advantages of proprietary tech. This maybe, just possibly makes the Intel and AMD open source AI efforts more valuable, as they are both focused on lowering cost. At the very... — read more
Earnings week
Is there a CEO announcement incoming this week?
‘Time to Pull the Trigger,’ Says Investor About Intel Stock
Yet, investor Paul Franke sees glimmers of hope on the horizon. With Q4 2024 earnings set to be revealed on January 30, Franke highlights a number of developments that suggest this could be the moment to jump... — read more
Strategy should be to hire more lawyers
Intel should consider raising headcount for lawyers because of all the lawsuits it will soon have to defend in court. No use hiring engineers since technology is already sh-t and wont improve anytime soon!
APB Expectations and Timing!
Laid off back in November. I am still entitled to APB (pro-rated of course). Can anyone tell me what are y'all expecting and when is the payout?
AppleTel is coming out soon
You hear it here first from new Apple department after famous AppleBee
Intel University
Anyone here graduateted from this University? What kind of degrees?
Thoughts on likely EB ?
So , we’ll find out next week - but curious what folks are thinking about potential EB. Clearly the revenue / profit numbers are toast - but we did some launches , fired Pat (oh maybe that wasn’t a goal) , surely closed some kind of foundry deal …... — read more
Pat’s Report Card
Q1 2021 INTC = $61 Market cap = $260B Revenue = $78B Operating income = 23B Long term debt = $34B Shares outstanding = 4.1B Gross Margin = 56% Operating Margin = 26% Dividend yield = 2.36% Q4 2024 INTC = $21 Market cap = $90B Revenue =... — read more
Shitel will die a long, painful death
Given the state of affairs, the only direction is downwards. Eventually, more layoffs, real estate footprint will shrink, more people will quit when market recovers, Foundry will split, more layoffs, share price down? Have I missed anything?