Discussion Intel's past, present and future

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Jul 27, 2020
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Someone commented:

2017: "AMD's CPU dies are glued together" - Intel
2025: "We can't afford glue" - Intel

Priceless. Just 8 years of AMD using the Zen hammer consistently to crack the head of the 800 pound gorilla wide open and now it's looking like it will need to beg for medical treatment.
 
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Another comment:

As someone who works at an intel campus can confirm, the company is mostly cooked. 25% layoffs devastated all areas; eliminating 20+ yrs senior techs the buyout was too good, can't blame them. Attrition + the 2nd round of layoffs gutted areas so hard they just kept bleeding people, truly some areas are just running on life support; machines can't get fixed cause there's no one there etc. Ain't looking so good.
 

511

Diamond Member
Jul 12, 2024
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Someone commented:

2017: "AMD's CPU dies are glued together" - Intel
2025: "We can't afford glue" - Intel

Priceless. Just 8 years of AMD using the Zen hammer consistently to crack the head of the 800 pound gorilla wide open and now it's looking like it will need to beg for medical treatment.
People without knowing Intel used the glue before AMD and Intel cooked themselves
 

coercitiv

Diamond Member
Jan 24, 2014
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saw the link to former ceo craig 10 point plan and wrote this before reading it, just read it, almost 100% agree
You agree with the part of keeping Intel in one piece while infusing it with $40B?

We can't blame capitalism for Intel's failures.
They probably cumulatively spent more than $40B on share buybacks. Capitalism as we experience it today is seriously broken, but I 100% agree this is not the time and place to discuss such a topic.

Hope you get well soon 💐
There's no need for this, you can agree to disagree and move on.
 
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I'm genuinely sorry for every non-billionaire human in this planet who thinks capitalism good.....
It only works as long as a company takes its social responsibility seriously. The moment it stops caring about the workers who do the actual work and starts rewarding the sociopath executives for being the worst pricks, capitalism fails. I bet there were thousands of employees at Intel who knew how to make Intel better but they had no say in the matter because the people calling the shots were too arrogant to listen to their subordinates.
 

DrMrLordX

Lifer
Apr 27, 2000
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They probably cumulatively spent more than $40B on share buybacks.

Intel has a fiduciary responsibility to maximize profits for the shareholders. The only way a stock buyback makes sense in this light is if that $40 billion can't be spent on anything better (the buybacks amounting to looting the till of a failing business). Unless you really believe that Intel had fallen on such hard times that it could not invest its way out of the problems dating back to (arguably) 14nm, they failed as a corporation to meet those fiduciary responsibilities. They make poor capitalists.

Capitalism as we experience it today is seriously broken

*points at AMD* they're doing just fine, despite a few needless stock buybacks of their own.

sociopath executives

Such as Lisa Su?

capitalism fails.

In this case, it is simply Intel that fails. The fact that they wanted money was not the problem. It is a cheap and foolish excuse for poor decision-making and incompetence to blame the failure of a firm such as Intel on some ism or another.
 

fastandfurious6

Senior member
Jun 1, 2024
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[Capitalism] only works as long as a company takes its social responsibility seriously

Yes, and that was and will happen... never.

The biggest "whales" were always unethical and it just becomes worse over time. There is way too much wealth among billionaires to control the entire West and it's exactly what they do.


You agree with the part of keeping Intel in one piece while infusing it with $40B?

Yes, but that's not the point of that article, the point is Fix Intel from Inside including gov subsidies. The article just makes sense
 

fastandfurious6

Senior member
Jun 1, 2024
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Another comment:
As someone who works at an intel campus can confirm, the company is mostly cooked. 25% layoffs devastated all areas; eliminating 20+ yrs senior techs the buyout was too good, can't blame them. Attrition + the 2nd round of layoffs gutted areas so hard they just kept bleeding people, truly some areas are just running on life support; machines can't get fixed cause there's no one there etc. Ain't looking so good.


I have the impression that all those global mass-layoffs in the last years are strongly powered by AI. They make no sense and are gutting real company knowledge and skills without possible replacement.

As known, majority of HR and Corporate Management types of people are mostly braindead and literally follow "what everyone does". Within those circles, there must have been some kind of viral insider "secret sauce" How To Save X Millions In Your Company With Ethical Layoffs Powered By AI or similar, describing a series of prompts and 'methodology' to doing that, all including the same process everyone's talking about:

- Layoffs chosen at random, no sense
- Preplanning to announce "below average" performance to avoid severance
- Sudden scheduled calls with manager and HR
- The calls are one-way only, literally are 1-5 mins just announcing the decision, no discussion allowed
- Sometimes there's no calls at all

etc... it's extremely dystopian and only executed because HR and Corporate Management types are literally both braindead and soul-less

They are literally the face of capitalism. When someone thinks "capitalism" this is the type of person they should think about, not "capitalism enabled roaring success of apple" Lmao
 
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it's extremely dystopian and only executed because HR and Corporate Management types are literally both braindead and soul-less
Most of the times they have zero idea of what a worker is actually doing and how much education/training and years of experience was required to get the worker to even start working. That's why these idiots will fire someone important, thinking they can find a cheaper replacement and then one of the following usually happens:

1) New worker is unable to cope with the amount of work or ill-equipped to do it at the same level as previous worker.

2) New worker gets fired and another new worker is hired. This may happen a number of times until they have the brilliant idea that maybe one worker isn't enough and so hire two and at this point, the savings are gone from firing the previous worker.

3) In rare cases, the original worker will be hired back. If that worker is smart, HR/management will need to sweeten the deal and the original intent of saving some money goes out the window and they move onto the next victim of their stupidity.
 
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Don't forget HR is the position who does the least work in a company
My previous managing director had a good handle on what each job entailed. He figured that HR duties were so minimal and could be done in a few hours per day so just had some existing staff do it on a rotation basis. The new management created a really expensive HR department, paying them handsome salaries and they are enjoying their lives and having "team sessions" in the conference room with pizza parties to brainstorm how to do their "difficult" job of data entry in Excel sheets. Such pathetic but really well paid losers.
 

511

Diamond Member
Jul 12, 2024
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My previous managing director had a good handle on what each job entailed. He figured that HR duties were so minimal and could be done in a few hours per day so just had some existing staff do it on a rotation basis. The new management created a really expensive HR department, paying them handsome salaries and they are enjoying their lives and having "team sessions" in the conference room with pizza parties to brainstorm how to do their "difficult" job of data entry in Excel sheets. Such pathetic but really well paid losers.
agreed there only job is to hire people and do stuff in a company with 10s of thousands of employees you need some HR but very less not so much
 

Hulk

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Oct 9, 1999
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I'm genuinely sorry for every non-billionaire human in this planet who thinks capitalism good.....

Hope you get well soon 💐
Non-billionaire here typing on my capitolist laptop.

Yes, it's good. Capitolism, ie the belief that you can design, invent, manufacture something that people will actually WILLINGLY pay for and you will make money, is a good thing.

I for one am glad people were driven though the spirit of capitolism to create..

faster and cheaper microprocessors that put them into OUR hands
vaccines, like polio and countless others
telephone, smart phone, etc..
automobiles non-rich people could afford
farming equipment and techniques that feed the world
the list literally goes on forever...

For all of the ills of capitolism the people under it live better than any other system. Have a visit to North Korea;)