https://finance.yahoo.com/news/intel-pinched-losses-sells-stake-214713024.html Though the sale of Arm shares may have provided a windfall, the company still reported a net loss of $120 million on its equity investments in the period. Intel made... — read more
Intel is literally trading at liquidation value (tangible book).
Go figure… 60% down ytd
Are they going to reject VSP applications?
Long story short, am I going to have egg on my face once management sees I applied for VSP and rejects it?
$700K Intel Grandma
Where is that post?
Poll: Who is the worst Intel CEO of all time?
Pick your choice: Robert N. Noyce, 1968-1975 Gordon E. Moore, 1975-1987 Andrew S. Grove, 1987-1998 Craig R. Barrett, 1998-2005 Paul S. Otellini, 2005-2013 Brian M. Krzanich, 2013-2018 Bob Swan , 2019-2021 Pat Gelsinger, 2021-present — read more
I firmly believe layoffs will not change Intel’s downward trajectory
Unless a miracle happens and all of a sudden we end up with new leadership who know exactly what has to be done, have a clear vision, and are bold enough to act accordingly. But outside of my unfounded fantasies, I think we are sc--wed. At this... — read more
BB to GB transition wait time?
I read there was potential wait time from Blue to Green badge if you want to transition to supplier and stay in the ecosystem. Seems overly restrictive given the circumstances… Any info?
Maybe the focus has been lost?
Intel's arrogance over the past 20 years has been astounding. Suppliers run from them because the cost of doing business is too high and margins to low. Instead of all the focus on ESG, DEI and chasing social justice while the house is on fire, is... — read more
We back in the game
https://www.counterpointresearch.com/insights/rebooting-growth-intel-to-launch-18a-process-node-based-cpus-in-2025/ All you AMD and NVDA fanboys can punch the air. INTC to the moon baby.
Does anybody feel safe ahead of layoffs?
I'm sure some do, so do you mind sharing why? I personally believe that nobody outside of the ELT is safe, but I could be wrong.
Intel should follow Starbucks Leadership Signal
Starbucks just removed its CEO and replaced it with Chipotle’s. The stock is up 20% on the announcement. Intel BoD should follow suit: get rid of Pat Gelsinger and replace it effective immediately with Jim... — read more
AMD continues to gain market share in the CPU market
While Intel (NASDAQ:INTC) still maintains a dominant position in the desktop segment, AMD's ability to gradually chip away at its rival's market share underscores the competitive pressures facing... — read more
Intel 18A Advanced Packaging is Key to Tech Leadership
https://www.eetimes.com/intel-18a-advanced-packaging-is-key-to-tech-leadership/
Some of us will never learn
Every time there's a new threat of layoffs I get mad about all the hard work I gave this place, all the holidays and weekends I worked, always bending over backwards to get everything done, and I always say never again. I say I'll give back exactly... — read more
Unemployment benefit after VSP?
I’m based in Santa Clara, CA. If I take Voluntary Separation Package, am I eligible for unemployment benefit in California?
Investing in a sinking ship?
Putting myself in an investor's shoes, why would I invest my hard earned money in intel? What's the potential long term holding benefit? Losing mobile market, PC/gaming market, crypto mining, and finally AI? When will all the hopes that the CEO is... — read more
Anyone retire last year and come back?
Are you eligible for the package again? My continuous hire date qualifies but the ER application isn’t going through.
Time to Shut this Website Down
It's over, spend what time you have left looking for a job.
How hard is it to get from G9 to G10 ?
I've been in G9 for several years. My manager keeps pushing it down the road. How long has it taken for anyone here to get to G10 ? I am worried if that can be held against me for the ISP
Revealed: Intel offers Irish staff up to €500k in exit packages under layoff plan
https://archive.ph/Oe0au
Recent slap/humiliation: Microsoft's ARM based surface book.
All software will soon have ARM version. Game over.
Good luck with A.I. Everywhere
Recent study shows that tacking the “AI” label on products may actually drive people away. A study published in the Journal of Hospitality Marketing & Management in June found that describing a product as using AI lowers a customer’s intention to... — read more
AI everywhere layoff summer garage sale! Hurry up
Location: outside major Intel campus Unvested INTC stocks half price discount for $10 even cheaper than a McDonald hamburger Unvested TSLA stocks half price discount for $99 even cheaper than one way round trip driving to Intel campus.
Why An Intel Turnaround Seems Unlikely
SeekingAlpha.com. Aug. 12, 2024 9:57 AM ET After an active return of almost +31% on my previous 'Sell' view on Intel, I am maintaining my bearish stance post Q2 FY24 results. Intel investors face a potential long-term FCF bleed, as the company is... — read more
Cuts at intel labs?
Is intel labs going to take a bigger hit this time around? Scientists working on LLMs far behind the industry curve that isnt even core for intel. whats the point?
Intel like Nokia
https://www.msn.com/en-us/news/technology/could-intel-be-the-next-nokia/ar-AA1oCXkY?ocid=msedgntp&pc=DCTS&cvid=f11e03c4c75f46f78fcbd6213a5f980b&ei=24
Do they not realize this hurts productivity?
The level of incompetence that we see from the ELT every single day is astonishing. Dragging on this process like this and having people worry and stress over it constantly can only destroy morale and bring down productivity. How is this good for the... — read more
The simple explanation for Intel’s woes you can share with anyone
100% insider information free Intel got behind on fabrication technology before Pat joined Pat made a plan to catch up on fabrication technology but it costs so much it requires amortization over vastly more chip volume than Intel currently... — read more
Jump before the parachutes run out
Take the vsp and jump off this crashing plane. Go join a startup, a smaller firm or even competitors. You will realize how a normal workplace functions. Intel working environment is crazy stressful and the stress is not worth it for your health and... — read more
Gelsinger lies on 18A
January 2023 Additionally, we continue to make progress on Intel 18A, and have already shared the engineering release of PDK 0.5 (process design kit) with our lead customers and expect to have the final production release in the next few weeks. ... — read more
Fellows
How many Fellows and Sr Fellows are actually contributing at that level? At least half of them are merely collecting a paycheck and not even working on Mission critical top jobs for the company. Half the fellows should be retired immediately. RIP =... — read more
Anyone here actually like their current role and worried to stick around?
I like my current role, and I am learning something new every day. My boss is great, and I no longer have to work 10h every weekend. But I'm worried that once PattyG Chops The Wood™, and I survive the chopping, it will no longer be enjoyable. Morale... — read more
Intel will lay off around 3,000 in Oregon
https://oregonbusiness.com/intel-will-lay-off-15000/
Hours worked
How many hours a day have you been working on average since the start of pandemic?
The Retirees disgust me
I know we are suppose to respect them. And I have up until recently. They caused a large of this mess and are leaving with retirement package. They get to complete their career while many of our careers will also end now due to their negligence. It... — read more
Raid Intel Dumpsters Before Lay Off!
You'll find almost new or brand new computers, tablets, Virtual Reality gear, power strips, soldering irons, cable connector adapters, power supplies, and even fully functional discontinued Intel prototypes in the Intel dumpster. They were going to... — read more
How many startups will come out of this?
While the layoffs are bad, I suspect that there will be many startups that come out of this. I'm talking about engineers who have ideas that were rejected by Intel or who just want to do something on their own but need a metaphorical kick in the... — read more
Raise your hand if you want Pat’s Intel turn around plan to succeed
Hmmm that doesn’t seem to be all the hands
Likelihood of VSP rejection?
One fear of applying is that Intel management COULD decided to deny your application and you live out your Intel days with management aware of your desire/willingness to jump ship. If they don’t appprove your application, one presumes you also... — read more