Intel

Intel keeping things spicy on the weekend ... by announcing the layoffs of 2,400 workers in Oregon. https://www.oregonlive.com/silicon-forest/2...

Intel CEO says it's too late for the company to catch up with the competition in artificial intelligence. It's too bad Intel spent the last decade or so spending all their money on dividends and buybacks instead of actually investing in research and development. Imagine if they had developed GPGPU technology instead of nVidia, or chiplet CPUs instead of AMD. Or performant mobile processors instead of ARM / Apple. Oh well. https://www.tomshardware.com/tech-industry/...

Intel CEO Lip-Bu Tan now saying Intel will potentially "write-off" the 18A process and instead focus on their 14A chipmaking process. This is in an effort to win major customers over with promises being made about the 14A process, which is still in early development phase. Am I missing something or has Intel been kicking the can on delivering a solid product for almost a decade now? Ever since the Skylake launch in 2016 Intel hasn't delivered a product based on a new process without some kind of major upset. https://www.reuters.com/business/retail-con...

Intel will lay off up to 20% of its factory workers, according to a leaked internal memo. https://www.oregonlive.com/silicon-forest/2... That amounts to over 10,000 jobs.

Intel no longer approving new products that do not promise at least 50% gross profit. This seems completely absurd, almost no products outside of software return margins like that, and even then, there's no magical crystal ball to predict how well the market will receive a product. But hey, maybe Lip-Bu Tan knows something nobody else does... https://www.tomshardware.com/tech-industry/...

Some of Intel's top talent have left to join a startup creating the "biggest, baddest CPU". https://www.oregonlive.com/silicon-forest/2... Too bad Intel themselves can't find it in themselves to support this kind of innovation internally.

https://breakingthenews.net/Article/Softban... Intel is collaborating with Softbank (the investment firm) on a new type of large-capacity memory for use in semiconductors used in AI applications. They claim, "with this memory, AI calculations will be processed instantly, and power consumption will be reduced by half compared to current products." Of course, this magical product will not be ready until the end of the decade, according to Intel. Probably sometime after Intel finally goes bankrupt, given the current pace of things.

Ever since nixing Pat Gelsinger and the ensuing CEO shakeup it has been a relentless stream of bad news. Entire divisions being axed, massive layoffs hitting tens of thousands of employees, and a stock chart that looks like the heart monitor of a dead corpse. Is this actually a turnaround strategy? Or is the company just done for? The delayed factory builds alone are enough to bankrupt this company. What was once described as "financial horsepower" is more like digging for scraps at this point. AMD and Nvidia are both absolutely dominating the market both technically and financially, and Intel has no response but to find more ways to cut costs. No idea what Intel can do from here, it looks to me like it's in a death spiral.

Some pretty sweet new GPUs coming from Intel. The Arc Pro B60 and B50 graphics processing units for workstations and AI inference capabilities, expanding the existing Arc Pro lineup with larger memory configurations and improved software support. https://newsroom.intel.com/client-computing... But the real question remains, will it run Crysis?

Lip-Bu Tan, Intel's new CEO, just proudly proclaimed that Intel controls 55% of the data center market. Of course, that's down from >90% just ~5 years ago. Never let the truth get in the way of your own fictional narrative.