Nothing much has been done after the disastrous reports.
Is the collapse finally here?
4 replies (most recent on top)
Pretty funny because Intel CEO was running larabee around 2008 and said IA many core would be launched in discrete graphics and compute... He announced before Intel even had a product. Arrogance of the highest order.
NVidia CEO famously made a keynote saying, 'we will open up a can of Whoop A-s on Intel'. Boy did they ever. Since that time, NVDA has overtaken INTC market cap by a wide margin. Intel talks a good game, NVidia delivers.
Nvidia revealed that people are dumping CPUs for ML inference and instead buying up GPUs.
Most notably, Facebook is replacing their CPU inference clusters with GPU.
Intel fvvcked once again by poor management decisions.
@wet+1mN3rbcZ We’ve read this multiple times in multiple places no need to keep spamming with it
INTC investors are finally heeding the words of Larry the Liquidator.
You just heard The Prayer for the Dead, my fellow stockholders, and you didn't say, "Amen." This company is dead. I didn't ki-l it. Don't blame me. It was dead when I got here. It's too late for prayers. For even if the prayers were answered, and a miracle occurred, and the yen did this, and the dollar did that, and the infrastructure did the other thing, we would still be dead. You know why? New technologies. Obsolescence. We're dead alright. We're just not broke. And you know the surest way to go broke? Keep getting an increasing share of a shrinking market.
You know, at one time there must've been dozens of companies making buggy whips. And I'll bet the last company around was the one that made the best godda-n buggy whip you ever saw. Now how would you have liked to have been a stockholder in that company? You invested in a business and this business is dead. Let's have the intelligence, let's have the decency to sign the death certificate, collect the insurance, and invest in something with a future. "Ah, but we can't," goes the prayer. "We can't because we have responsibility, a responsibility to our employees, to our community. What will happen to them?" I got two words for that: Who cares? Care about them? Why? They didn't care about you. They sucked you dry. You have no responsibility to them. For the last ten years this company bled your money.