@mkq+1kZKJM7h and @tap+1kZKJM7h
tel revenue 63B employees 131K
TSMC revenue 75B employees 65K
AMD revenue 23B employees 15K
NVD revenue 27B employees 23K
Add TSMC, AMD and Nvidia HC together still smaller than intel and make so much more value and miss efficiencies of combining and forget all other stuff TSMC does.
And to see really how inefficient is Intels business model TSMCs biggest customer isn’t even considered here as well as other customers like MediaTek and Qualcomm who also do many others that make a ton of chips more than Intel.
Boy did they miss the Foundry pivot a decade ago when they were ahead and turn down Apple. What was the leadership thinking when they canceled and put barriers to all the Foundry efforts.
How inefficient is Intel? Let’s not forget they are going into a huge recession while their competitors are bigger and more well funded and ahead by ever financial, technical and business benchmark.
Intel needs to cut costs dramatically and improve efficiency. It is doubtful that the company could remove 50K employees overnight and still function. It will take years to improve those efficiencies. Intel management and employees haven't comprehended this yet so the bottom is still in the future. There will be a lot more pain before things start to improve. A good start for Intel would be to change the communications strategy of bravado to humble. You f'd up so admit it and fix it.