Thread regarding Intel Corp. layoffs

Foundry to be sold off to Broadcomm

Will be announced next week, overseas sites will be gutted with cheaper packages by the buyer (statutory only). Executives and cronnies scrambling to get out ahead of this happening

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| 2801 views | | 16 replies (last September 11, 2024) | Reply
Post ID: @OP+1ursmE6z

16 replies (most recent on top)

Not happening poster is from Ireland. Ireland site and is the only site making 1276. This is the process to make base chips for 18A. The poster is stirring the pot and disgruntled they didn’t get VSP

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Post ID: @1nad+1ursmE6z

Chips act money on hold for intel, uh oh.

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Post ID: @1yow+1ursmE6z

Bye bye Foundry! I heard this as well, good news to save other areas.

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Post ID: @1hdm+1ursmE6z

@clq sounds like BS to me. Broadcom wouldn't want to sign up for managing a BU hemorrhaging money like this. And also wouldn't it be anticompetitive? If anything, a consortia of American fabless companies might be able to hold majority stake in foundry to align its goals.

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Post ID: @1inu+1ursmE6z

Broadcomm purchase would be blocked. More likely a nationalisation of US sites for aerospace and defense and a sell off of the overseas sites to investment funds that will split and sell for scraps

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Post ID: @lle+1ursmE6z

@clq a well placed source? Wouldn't that be outside of Intel?

I heard the ladies working in the CH5 cafe talking about it not happening.

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Post ID: @whk+1ursmE6z

Makes me miss Andy Grove.

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Post ID: @lpm+1ursmE6z

Internal mail announcing this by Friday this week from a well placed source

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Post ID: @clq+1ursmE6z

Hock Tan is too smart to buy that junk.

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Post ID: @ynn+1ursmE6z

Total crap2

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Post ID: @ges+1ursmE6z

Sauce?

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Post ID: @hmr+1ursmE6z

Nah. Hock Tan won't buy it

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Post ID: @ene+1ursmE6z

Buckle up. Deluge is about to happen.

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Post ID: @dma+1ursmE6z

What a shambles Intel has become

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Post ID: @myr+1ursmE6z

This seems very likely now and the Ireland site in particular would be all but wiped out on this announcement. Ireland is a shockingly expensive place to run foundry and it is excepted by senior leadership on the site that Broadcom would gut the site and sell it for parts

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Post ID: @zad+1ursmE6z

The supposed leak from Broadcom last week about 18A makes sense... as a tactic to lower the price.

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Post ID: @guw+1ursmE6z

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