Does anyone have any idea what the losses might mean for the Irish site? It's like parallel universes here, one day we are talking about new investment to expand and the next losses and layoffs.

https://www.crn.com/news/components-peripherals/2024/intel-layoffs-april-2024

I wonder where Intel found the money for this? https://www.tomshardware.com/tech-industry/intel-air-employee-flight-shuttle-resumes-regular-operations-to-oregon-other-fab-sites-another-sign-that-intel-is-on-the-upswing

Intel will make a comeback in 2030 once foundry breaks even. Stock price will touch $300. This is buying opportunity of a lifetime if you want to be billionaire in next 5 years. You only find to buy bluechips only at the time of crisis not when... — read more 

If you're tied into the politics, even when you're a mediocre employee, you're less likely to be impacted. Intel doesn't care about those that have the knowledge or are committed to the role/company. Someone else can or will be made to do your job... — read more 

Former employee here (left as G8 at Intel) who jumped to "another semi company" some years ago and I can't tell you the immense satisfaction to see INTC stock get crushed while my RSUs skyrocket. Every big company is going to have its politics, but... — read more 

You need to have an amazing CEO and C-suite to recover from something like this. We have neither.

It only makes chips for Intel, right?

Government full bailout will be needed soon! The current share is not enough for us to eat!!

Make sure you read it. From answer: “…funded our annual employee bonus above target…” this dude is living in another planet lol

Reading through some of the news and some of the posts that I’ve seen on different websites I’m a little bit nervous about working for Intel. Disaster? Are there positive places inside of Intel to work?

Going to be a loss for rest of 2024 and 2025. DZ called it the "trough". I guess CPM is coming for Intel Foundry.. Here we go... https://www.reuters.com/technology/intel-discloses-financials-foundry-business-2024-04-02/

Just heard from my co-worker who got let go.. Its 30% across the team. Lot of people in SMG are getting notified from their managers..

There are fewer and fewer people left at Intel who have more than a few years with the company under their belts. We are losing institutional knowledge at an astounding rate - I'm not even talking about layoffs, I'm talking about attrition - and... — read more 

Rumor has it that DZ might get the boot, IFS to roll heads since they're long overdue to show profits and Diddy has confirmed to perform at the cruise ship

They already got govt money. Now there is no need to put on a show. No one is signing up for IFS. See recent post of CEO begging the great Elon. IFS is already spinned into a new section. So its just so much easier to shred off the 30k employee. — read more 

Why members of the congress present at INTC AZ for CHIPS funding announcement ceremony. Why not at AMD or NVDA ?

Do you believe the Foundry management are completely incapable, especially those under Ann in TD and in Aziz's analytics and automation group? They just pass and steal other people's PowerPoint and escalate people who do the actual work, and put... — read more 

Any news ?

Disgruntled employees asked for top management change and he delivered, many top VPs gone in DCAI and DEG and its structured for future growth. It’s a daring move but that was needed. Yours and My job maybe affected and we don’t want to see some old... — read more 

From the Morgan Stanley conference David Zinsner We probably won't win anybody's major volume in 18A. We'll win some smaller SKUs, and that's all we need, to be honest with you. That will be very significant to us, even though it seems maybe... — read more 

Where is 11.5billion gone missing?

Check new dcai vp record when upload today CPM actions towards alignment of new deg dcai ccg New dcai organisation structure and skill alignment for AI

I think it is not just money but also side effects. It will be negatively affect AMD. When people is about making a purchase in US, they would prefer Intel given the performance is sufficient. It might be very similar to Huawei in China. Most people... — read more 

What skillset do you need to become one ?

https://www.reuters.com/technology/intel-clinches-nearly-20-bln-awards-biden-boost-us-chip-output-2024-03-20/

https://bdsmovement.net/Apartheid-Chips-BoycottIntel As if we didn’t already have enough problems!

It seems like the whale got away… Meanwhile, TSMC just rolls on. Foreign investors have boosted ownership of the stock to a two-year high, backing claims by TSMC that AI will be its biggest growth driver this year. The company has more than a... — read more 

https://www.theverge.com/2024/3/18/24105157/nvidia-blackwell-gpu-b200-ai Intel has no chance competing with this. Combined with the Cuda ecosystem, Intel may as well be selling 386s from the 80s. Keep in mind that they are on a 1 year refresh... — read more 

https://www.pcgamer.com/intel-ceo-admits-ive-bet-the-whole-company-on-18a/

Intel pushes launch date of Ohio fab from 2025 to 2027 or 2028 – state politicians remain enthusiastic about... — read more 

From top to bottom, layoffs in the view

I'm a RCG hired for Manufacturing group. I wanted to know the work culture at Chandler AZ and what's the crime rate compared to Colorado where I'm from.

So when it becomes clear that 18A is 2 years away from production, who takes the fall? Pastor Pat or the Big Lady

https://www.reuters.com/technology/biden-announce-intel-chips-grant-arizona-next-week-sources-2024-03-14/

I seem to recall that Stacy Smith, as CFO, was a potential CEO candidate back in the day… he had left, but now he’s sorta back… with a seat on the INTC board. Feels a tad odd, right?… or is it just me?