Thread regarding Intel Corp. layoffs

It’s like most government projects.
A total waste.

Intel is building fabs for customers that will never use Intel. Potential customers will have to consider…

1. lagging technology with no credible way to catch up
2. mistrust due to giving preference for internal designs
3. mistrust due to lack of execution
4. much better run and funded foundry alternatives like Samsung, TSMC non-leading edge nodes

Also, the semi shortage will turn into a glut as demand wanes. Demand was pulled forward by the pandemic and supply chain issues which will resolve in time.

Id--ts in charge at Intel thought 2020-2021 was a new normal. What a bunch of clowns 🤡