INTC down another 6% on the news
https://www.bloomberg.com/news/articles/2020-12-18/microsoft-msft-is-designing-its-own-chips-in-move-away-from-intel-intc
11 replies (most recent on top)
ARM-A-Gettin'.
layoff your experience engineers and force them to go to MSFT and Apple and design silicon to compete with you. Intel can focus on diversity, drones and IOT. That's where the money is.
I was cut during ACT. While at first this was not a great experience it tuned out well at the end. Since 5 years at another company I made more in RSUs than I had base salary at intel. Unfortunately I kept 50k RSUs at Intel which become worthless...
This news really saying Intel is going to bankrupt asap
Hey, but at least we are on the road to being the "most diverse company on Earth." Or at least that's what my corporate mandated screensaver says. Now hand me some Soma in this Brave New World.
The beatings will continue till we lay you off.
Wow what a mess 10nm yields continue to lag, 10nm performance lags, 10nm product shortage. The rest of the world is on 7nm or 5nm and M1 shows what a custom non x86 core can do, AMD shows the world what a x86 can do, and we got Intel the company with more money spent and more engineers than anyone else drowning.
Sounds like a ripe time for a layoff, CEO change, BOD change and then another round of layoffs and reorganizations right before a Kodak like implosion
There is no saving Intel. It has to go down on the bottom of ocean
Lol are they hiring ?
INTC mkt cap now 194B. AMD now 115B.
Hahah the final nail was back down the road a piece. Im sure Intel will fix with some diversity program
Good time to start cutting head in Jan. It's gonna get real bloody