Thread regarding Intel Corp. layoffs

https://www.fool.com/investing/2017/12/19/intels-ceo-just-sold-a-lot-of-stock.aspx

Interesting indeed, no confidence from CEO

QQFnps3-1stc turning on 10nm with the yields they got right now is serious serious ouch

Ho ho ho

Hahaha; IOS(Intel Online Service) once again. No learning at all. This is why the company will never come back again since they "copied" from others all the time. Who can innovate there?

@1jpp - Should have started turning on the 10nm lines slowly this year, however BK and BS went greedy and wanted to milk 14nm to the max. This will have an impact next year and 2019 as they feel the pressure from foundries 7nm ramping up.

@vkg - I totally agree with your point. But here's a question - do they milk the 14nm processes for several more years, slowly turning on 10nm fab lines for depreciation sake and balancing out the 10nm costs with 14nm profit? Is that possible or do they have to kick in depreciation on all the 10nm equipment at once?

The only reason the balance sheet looks so good is all the production is coming from 14 nm and depreciation is done. All they have is labor and consumables and the rest is profit.

Now the billions of equipment for 10nm has been spent bit is sitting and hasn’t started depreciation. Once they start production and the billions depreciated you TMG folks know the DPW and the Units to Die. Or should we ask how many wafers does Intel need to ship to get one die 😂

The liars and spin masters in LTD, TMG and MCM all have sold their stock as they know what next year finances look like!

If you read between the lines of both of these news, it is crystal clear huge layoffs are coming in 2018, as BK's Intel continues to waste huge amounts of $$$ trying to buy itself to growth by investing in new 'fads of the month' that are touted as the best thing since sliced bread, while the real profit-generating business stagnate and foundries continue to leapfrog Intel in process development innovation. At some point, 10nm has to ramp, with huge implications to margins and profitability that will not be trivial nor pretty. By all indications, it looks like neither Nervana nor MobilEye will be able to beat Nvidia's performance in AI and auto driving, and if those two don't materialize, forget about any hopes for real growth.

The Bozo Klown has been continuously lying to employees, investors and shareholders pretty much since he took office almost 5 years ago. Go back and re-read all the misleading statements about 10nm, Intel's produt roadmaps and growth perspectives and it will be absolutely clear to you. He has zero credibility.

"Instead, given that Krzanich seems to have sold all the shares he could save for those he is required by Intel's corporate bylaws to hold, the impression that I get is that Krzanich doesn't have a ton of faith in the potential for Intel stock to appreciate, perhaps driven by a lukewarm (or potentially even negative) view of the company's near- to medium-term business prospects.

After all, considering that Intel CFO Robert Swan reportedly said in a memo seen by The Oregonian that the company aims to boost its market capitalization to $300 billion (implying a share price north of $60) by 2021, wouldn't it have been wiser for Krzanich to hold those shares, collecting about a quarter of a million dollars per year in dividend payouts, before until they gained another $16 in value each, totaling nearly $4 million in additional value?

Indeed, considering that Krzanich claimed back in February that Intel's total addressable market is now on track to hit $220 billion by 2021, it seems strange that with all these growth opportunities ahead of Intel he'd choose to keep only the shares that he's required to by Intel's rules."

Kaching kaching. Back to work slaves!