https://www.msn.com/en-us/money/other/intel-faces-lawsuit-and-accusations-of-inflating-its-stock-price-by-sharing-materially-false-or-misleading-statements/ar-AA1otwnA
Intel sued for copyright AI software
Once you cannot innovate yourself you have to steal to survive https://www.reuters.com/legal/litigation/intel-sued-copyright-infringement-over-ai-software-2024-08-09/
Intel is sued by stupid managers
https://www.msn.com/en-us/money/companies/intel-is-sued-by-jewish-fired-employee-over-ex-supervisor-s-alleged-antisemitism/ar-AA1oJRCa
Pat as MBLY board member is in trouble 😁
https://www.prnewswire.com/news-releases/mobileye-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick--foti-llc-investigates-the-officers-and-directors-of-mobileye-global-inc---mbly-302224580.html
Will you stay?
Say you won't make the layoff cut this go around. Are you still going to stick around and WFH and collect checks until the next go around? Do you think you are untouchable or just too lazy to move?
Intel's CHIPS Act implementation hamstrung
https://www.digitimes.com/news/a20240814PD215/chips-act-intel-funding-packaging-workforce.html "...the CHIPS Act has built-in insurance mechanisms if setbacks occur, meaning companies won't receive subsidies until they meet specific construction and... — read more
Layoffs in DCAI have started.
This week and today.
For all you Jim Keller worshippers
https://news.ycombinator.com/item?id=37011282#37051003 Hmm, I wonder if this came back to bite Intel later? LMAO! 😂
Christy P to the rescue
Don’t worry guys Christy is going to transform & turn around the company LOL
Fall of Intel is actually fascinating
It just shows how leadership in the end always starts suffering from shortsightedness while indulging in previous success. Intel had a major predisposition not to miss out on anything new that’s coming or even being a leader in innovation, yet we... — read more
80% of managers say they use layoffs as a soft firing, and not for cost-cutting
common practice in high tech... is this happening... — read more
Intel has reached the bridge of death
What is your name? I am Pat, CEO of the Intellians What is your quest? To turn Intel around Will you succeed before running out of cash? I don’t knooooooooooooooowwwwwwww Some feel the third question should have gone like this: What is the ground... — read more
Another day another article about "Bad Intel"
The real motive for choosing Ohio for the new fab: https://finance.yahoo.com/news/bad-intel-180601105.html
The only way intel will survive
Layoff the entire PowerPoint skilled managers Give competitive base pay to all those performing well and doing heavy work Intel can easily operate with 80k people who are well paid and motivated
Let's make Intel great again!
Many of us spent the childhood playing with these amazing machines, dreaming to be an engineer, an intel maker. At this critical challenging time, let's come together to treat this company as family (of course, whoever survives). The number of people... — read more
Jim Keller can smell BS from a mile away…
We need a leader like Jim Keller as our next CEO… someone who would put emphasis on product design and excellence and who would cut the cr-p out with the loaders and power point spewers. Someone with cojones to stop the bleeding of cash and the brain... — read more
OEMs want 30% Qualcomm share
https://x.com/patrickmoorhead/status/1823740225094381965 The senior leaders at OEMs I talk with want to see the company in the position to be a 30% MSS player. OEMs want three, well-funded vendors to increase competition, lower risk, increase... — read more
Barrons: Intel Missed Out on AI Chip Deal, Report Says.
Intel CEO Pat Gelsinger is pinning his hopes of a turnaround on making the company a leader in chip manufacturing. But the latest signs are that it is still struggling to make progress against rivals such as Taiwan Semiconductor Manufacturing... — read more
So when is Broadcom/Avago going to buy Intel and chop it up into pieces?
Hear me out. Imho, Broadcom/Avago is known in the chip industry as the slicer and dicer. Hock Tan is a businessman and a M&A guru. All he does is buy tech companies, keep the profitable units and sells off the unprofitable ones. Intel is dirt cheap... — read more
Did the whale escape?!?
“Japan’s SoftBank Group was planning to work with Intel to manufacture chips rivaling those made by Nvidia, but the talks fell apart in recent months, according to the Financial Times, citing people familiar with the matter. SoftBank blamed Intel... — read more
We need more FAB capacity
There is so much demand and we have no capacity.
CHIPS Act money
Did we get any of the CHIPs Act money yet or did we get played by the government?
No Severance!
Youtubers with millions of subs are bashing intel for the 13th/14th gen cpu's oxidation/corrosion/voltage defects. The severance money will be used to replace all those EUD.
CPM AP (VSP) - what happens after business unit acceptance?
Do you get moved into a cpm pool once vsp is approved? IE - you don’t go back to your old group? Once you’ve handed off your responsibilities, what do you do daily for the next # of weeks?
Theft during ISP exit
How do we stop the ISP crowd from not selling our secret sauce to bad foreign actors during ISP process? People do these specially WFH.
What will happen to SPTD and ATD in Chandler
Substrate are working on fun panel things that are not going to generate revenue this year or the next (yes, yes, toms hardware and semi wiki might say it's the future, but....) , and assembly.... is almost all done by 3rd parties. Not sure what they... — read more
Wow, Intel’s Fin Statements are Terrible (Video)
Thoughts? Intel is one real problem away from being non existent. Dire indeed. From Louis Rossman- very respected techie. https://youtu.be/UvfT0K9t5zQ?si=LyHQAJgHCl27iZfr
We are being run to the ground headless-chicken-style
Sometimes it's scary watching corporate leadership of big companies running around like headless chickens in times of crises.
Intel sold 1.18 million share of Arm holding
Intel really needs cash https://www.tipranks.com/news/intel-nasdaqintc-fire-sale-continues-dumps-arm-holdings-stock#google_vignette
Does anyone know?
Does anyone know what will happen first? — free cash minus free cash bleed equals less than or equal to zero — 18A volume is sufficient to return us to profitability Trolling welcome. If you work for AMD Nvidia or TSMC and have no idea chime in... — read more
Increased security in the cafeteria
Has anyone else spotted the security uptick in the cafeteria? It seems they're on a mission to thwart the great Soda/Coffee/Fruit heist of our time!
Layoffs are keeping me here
I got a job offer that I'm considering. The pay is about 10% under what I make now but the benefits are much better. The only reason why I'm hesitating is the layoffs. I've been here long enough that my severance would be more than decent if I'm... — read more
GTFO
The HR department handling CPM will be called the Generating The Future Office, or GTfO. Your regrettable layoff, Intel’s bright bright future
Unrealistic Strategies!
When there is a storm eminent, should the authority focus on building new shelter facilities (not one, several) or focus on survival/retreat/channeling all resources to pass the challenging time?
Same old story
I don't understand why everybody is so shocked and upset over layoffs. This has been happening at Intel for years - constant small cuts combined with a major round here and there. The only thing that's different this time is that investors have... — read more
Blame Game
Many posts blame ELT for what is happening to Intel, but don't you think employees are also to blame? Many of you been kicking back for the last 3 years collecting check from Intel similar to welfare check so it can't be all PG. Can it?
Jim Cramer should grill Pat Gelsinger next time PG shows up on CNBC
Cramer helped to get the Starbucks CEO ousted… perhaps Cramer can grill Pastor Pat?