This is not looking good at all
https://www.statesman.com/story/news/2023/05/11/intel-layoffs-austin-office-sale/70204256007/
13 replies (most recent on top)
Great performance from a bunch of clowns
What makes Pat believe that IDM2.0 and IFS will success when those who failed ICF still around holding higher positions in IFS and other Orgs. I really want to know, so we can all believe his vision!!!!!
This is old news. It has been for sale for over 6 months.
Intel has tried to do foundry serve several times in the past... and during those periods Intel had competitive advantage on process nodes (but not on cost, flexibility, customer centric focus, libraries, ecosystem, etc.,)
Now, as far as I can tell, Intel doesn't have any advantage except that the military might like to rely on Intel being on US soil.
So for the life of me, how does Intel think it can attack TSMC starting 30 years behind and without any competitive advantage? What are all the MBAs at Intel doing? They should speak to the big guy and explain the problem with IFS.
@fzb+1mz4NJDZ Exactly. Fast forward to today: what makes one think that PG/ELT will succeed with IDM 2.0?? Not looking good…
Yes, if my memory serves me correctly, Intel picked up the Austin site when it acquired what was left of Digital Equipment Corp assets including manufacturing and StrongARM chip...
Then Intel proceeded to squander the early (and correct decision) to go after ARM in mobile computing and phones... only to abandon the effort early and cede all the ground to Marvell, QualComm, NVidia ARM solutions...
Really just a sad reminder of how Intel has no staying power or ability to go after strategically important market and get it right.
Only the building was sold, no mention of layoffs, or not.
Sad times … wow
The picture in the article reads "Sponsors of Tomorrow" when it should read "Sponsors of Yesterday."
They are selling it in a commercial real estate down market...for massive loss writeoff.
Folsom site is next in line!
Why is anyone surprised
Feeling sad seeing the situation