Any guesstimate?
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Intel slapped with class action lawsuit over foundry revenues - https://www.tomshardware.com/tech-industry/intel-slapped-with-class-action-lawsuit-over-foundry-revenues#:~:text=When%20the%20company%20reported%20results,the%20beginning%20of%20the%20year.
If not for gov money it would have already collapsed
Company or stock?
Following is how I see the worst case scenario for Intel (which I hope will not happen):
1 - Foundry business moves forward while the product business is completely shutdown (I expect this to be a gradual transition rather than an overnight decision. First sign will be to shut down Intel Labs, which is a cost center with little contribution to the bottom line. A telltale sign of this will be a significant headcount reduction at levels of 50%, reducing the total Intel Labs headcount to ~400. Remaining business units will increase their in-house research to compensate. To a large extent, they are already doing that)
2 - Foundry business focus does not go as expected (despite removing the product business from greater Intel). At that point Intel will probably go on sale. Intel is currently spending a lot of money on assets which will be very valuable to a company who knows how to make money from foundry business (such as TSMC).
3 - The majority of the existing foundry employees will be laid off. The scale of this layoff will depend on who buys the business. I expect such acquisition to be a multi-party venture. Therefore, depending on the mix of the venture, most existing employees may or may not stay.
Intel is going to be around and is going to become successful much to the all round pessimism. You guys can have your dream on collapse today or tomorrow - dream on. If you guys were so prophetic- should have posted 10 years ago.
No year?
Q4 is a do or die quarter for Intel. But I feel Intel will do it.
Define collapse
It's like being worried about the Earth because of global warming. If the climate gets bad, the Earth cannot support you. But the Earth will still be there, right?
It's the same with Intel. If business gets too bad, it might reach a point where Intel has to let you go. But Intel will still be there.
Everyone is expecting a massive upgrade cycle due to AI.
It’s probably not going to happen.
Microsoft is already delaying the recall feature since they were too d-mb to realize that people don’t want spyware.
It’s boneheaded sh$t like that that plagues the PC industry and makes everyone that can afford it, switch to a Mac.
Also the butt ugly devices with bullsh&t branding stickers all over the place. Trust me, nobody want that.
Couple that with all of the outright user hostile windows OS and buggy standby modes and you have people leaving the platform forever.
No, Intel went to the BounceBack (tm) career seminar