Thread regarding Intel Corp. layoffs

@1ifw - I think the whole blame BK shtick has run its course. That was quite valid in 2021, but Pat has had almost 4 whole years to turn this thing around - or at least begin to take the turn. But if anything, Intel has driven further into the ditch over his tenure.

I distinctly remember him saying that there was a saddle and everything was going to be better in 2024, with IDM 2.0 customers and products firing all cylinders. Well, it's December 2024 and that has not obviously happened. So, I think, rightfully, the scepter of accountability finally caught up to Pat.

The real damage was done before Pat took over. Intel shipped 5 years of Skylake. The same architecture slightly tweaked with bug fixes and minor clock improvements. Innovation came to a screeching halt. Meanwhile, Intel's fabs were way behind TSMC and the bean counters were put in charge, so they cared about stock buybacks and cost cutting and not innovating. By the time Pat showed up, Intel was years behind because of Brian Krzanich effing things up so badly while CEO from 2013-2018. Pat is the fall guy.

Imo it's time to refocus on x86 more or ditch CPUs entirely. Doing cpus, cr-p graphics dependent on cr-p drivers, and some stupid ai stunt where we are too late to be profitable esp once the bubble there bursts, is just too much.
Firing pat is just more churn.
At this point if the reasons are competent business strategy I'm worried about pretty much any part of the company surviving at all.
You could make a case for IDM, selling ifs, etc but this is just more lack of focus and infighting from poor interim leadership that is sure to be great for the investment vultures.
I feel for all of us. Not fear mongering but I do not see any other realistic outcome. Disagree with pg but right now there is no plan notwithstanding M/A for pennies.
CFO and products CEO and ELT are all going to be financially fine so there's no incentive to push hard since they don't have spirit anyway.
They are here to milk what's left.

@nlg - Look up how Treasury Secretary Hank Paulson got Bank of America, JP Morgan Chase etc. to "agree" to buy the banks in trouble - Merrill Lynch, Wachovia, Countrywide etc.

https://www.politico.com/story/2009/07/paulson-admits-to-threatening-lewis-025066

If the United States government wanted to, they will have AMD, NVDA whoever CEO's fly into Washington on a Friday evening, where they will be "agreed" to buy whatever the US Government says they should buy before Monday morning. If the major shareholders object, they too will get the same treatment and will be "agreed" to give their approval.

the best-case scenario for intel is a merger with amd - the us government would likely co-sign it for national security concerns,

What would incentivize AMD to merge with Intel? Unless there's a fire sale on the intellectual property, I don't see any reason for AMD to endanger itself with such a large liability. AMD won't want the fabrication facilities, that's for sure. They spun off Global Foundries for a reason and TSMC is providing them solid service.

I don't understand why it would be a monopoly. Doesn't Nvidia use x86? Or could?

Intel makes chips for toasters. Soon Intel chips would be showcased in museums. No point getting a CEO. Give up! Sell all real estate, fire 50% HC and return the Biden chips act money. Its over!!

Why would China approve an AMD/ INTC merger, especially in this charged trade environment?

There has been chatter in D.C. about saving x86 for national security reasons, and that would involve a AMD and/or QCOM merger/sale.

I imagine Pat was totally opposed and he did not want to be around as Intel was broken up.

As if Pat ever really cared about anyone but #1.

Hard facts:
Intel alienated/sc--wed-over all business partners/OEM's over the years so...No Customers for fabs.

Intel lost major engineering talent over the years due to prioritizing riding the profit margins over innovation so...No worthwhile products.

Pat had an unobtainable dream based on an inflated corporate ego. We are not all- that anymore.

Please turn off the light when you leave. the relator will take it from here.

The Board will have a tough time finding a more woke and incompetent replacement….but I’m sure they will

Back in 2021, Intel’s whole “5 Nodes in 4 Years” plan had 18A going into production in the second half of 2024, judging on this it’s already delayed. The new plan says Q3 2025, but frankly, who even believed that??? Especially after 20A got scrapped, Intel 4 is only used for the Compute Tile in Meteor Lake, Intel 3 barely showed up in a few server chips, and Intel 7? So is it safe to say that’s just rebranded 10nm?

This certainly feels like a cleaver attempt to preempt news of a delay for Intel 18A…. Restoring Intel’s foundry leadership with 18A was a cornerstone of Pat’s vision…. He effectively staked his career on its success. While 18A is scheduled to enter production next year, rumors I heard kind of suggest it may be facing ”major” issues.

also, at this point, i think the graphics business holds more value - even though intel is in third place, there are many players in the soc market that can benefit from a strong gpu - whether you’re building an soc with intel, arm, or risc-v, they all require a gpu