After reading so many bad news of AMD. Nvidia and TSMC eating our lunch I wonder if we are done or if there is future. How much life left to the company?
When is PG getting kicked out? Any guesses?
BoD, PG… When will they all resign or be let go?
2024 budget
BUs will have slightly lower budget than 2023. Promos will be limited and in most cases no salary raise. Enhanced 401k will be a joke when you hear back. 5% 401o contributions may be push by two quarters.
Are layoffs going to be announced tomorrow?
Just wondering
VSP package
My buddy told me intel pays way below industry standard comp and our competitors. I agree with him. A lot of people are in search of opportunities to leave. Good luck competing with NVDIA and QCOM in cpu market. Soon you see flow of talent hijacked... — read more
How will Intel ever fund the IFS strategy... It's a disaster.
So, now we have interest rates climbing about 5% on gov't bonds and corp bonds have a spread of 1.5%+ as credit rating goes down... Intel gross margins are in the dumps and there isn't enough profit to fund the 'new new thing' IFS business. Intel's... — read more
Will PSG spinoff work for Altera
Been with the PSG group for a while. Most of their tools/reports are old outdated and Intel focus. Even the newer projects are a sh*tshow. Just wondering if spinoff would put the final nail on the coffin for Altera knowing Intel didn’t do jack with... — read more
Qualcomm Unveils New PC Chip in Challenge to Apple, Intel
https://www.msn.com/en-us/news/technology/qualcomm-unveils-new-pc-chip-in-challenge-to-apple-intel/ar-AA1iMwsu?ocid=msedgntp&cvid=ae8002bd91f44d589f0c78035af33f8a&ei=23
i am at breaking point
Two years ago, I decided to reject another offer and stay because I believed in IDM 2.0 fundamentals. Now, we have not had a raise in almost two years, and bonuses have been very low or suspended in the past quarters. God knows how small (I hope not)... — read more
Nvidia eating our lunch?
https://finance.yahoo.com/news/exclusive-nvidia-arm-based-pc-185840418.html Nvidia dominates the market for artificial intelligence computing chips. Now it is coming after Intel’s longtime stronghold of personal computers. Nvidia has...
The Sitting Duck Took Another Buck Shot
https://www.reuters.com/technology/nvidia-make-arm-based-pc-chips-major-new-challenge-intel-2023-10-23/
Special RSUs
Any news on the one time RSUs compensation coming later this year?
“Meteor Lake will be our next “Centrino Moment” not can layoffs be far away
ntel Core Ultra 7 155H Underwhelms in PassMark Database Appearance Another Meteor Lake laptop result, another multi-threading disappointment. https://www.tomshardware.com/news/intel-core-ultra-7-155h-underwhelms-in-passmark-database-appearance — read more
Who will be intel foundry CEO?
Any rumors on this?
Earnings next week
Will we beat or miss?
My opinion as an investor
I would like to express my concern regarding employee compensation at Intel, as opposed to solely focusing on profit margins. It has come to my attention that many employees feel they are being underpaid and not receiving bonuses. It is important to... — read more
x86 end of life approaches
A bold statement from techradar. Nonetheless, Microsoft appears to be embracing the ARM architecture again. https://www.techradar.com/pro/microsoft-is-now-teaching-developers-how-to-code-for-arm-as-x86-end-of-life-approaches
Bring everyone and their mother from overseas!!
Instead of investing in educating our own and improving our education system, bring everyone and their mother from overseas!! https://www.barrons.com/articles/intel-chip-war-china-immigration-627440b1
Fabs and US recession
Fabs will act as cash burning oven on full burner during recession. The outstanding debt for servicing these Fabs will bankrupt the company. You heard it here first
Intel could learn from FoxConn
Read this first: https://www.cnbc.com/2023/10/18/apple-supplier-foxconn-to-focus-on-specialty-tech-not-cutting-edge-chips.html This article discusses leading edge semiconductor technology and Intel isn't even mentioned. To the world outside of... — read more
Why pay model removed range?
I noticed pay model does not show min and max anymore. Is it because they don’t want us to know being underpaid ? Or layoffs in progress and trying to push people leave first?
Intel 4 another work of FUBAR
Sources at Intel's LTD development site in Ronler Acres outside of Portland report - Several of these process modules lack the requisite process characterization and process control to provide economically viable yields". The Finfet transistor... — read more
Profit/Loss statements will be further catalyst
Management is SAYING that the company won’t be split… even though it clearly is being set up to do so. Having separate P&L for two halves of the business will show that one side is su-king wind very hard. That side will take some massive cuts, the... — read more
When will salary be restored to 100%
Following cut early this year. When will salaries be restored?
Competitors in the rear view mirror
https://www.cnn.com/2023/10/12/tech/qualcomm-layoffs/index.html
Intel in a 3 year spending reduction
We are about to start the 2nd of 3 years announced of spending reduction. Do we expect further layoffs?
Bored to tears after being laid off
Did you see how quickly that happened?
Intel CEO Needs to Land a Big Customer, and the Clock Is Ticking
Intel Corp. Chief Executive Officer Pat Gelsinger has embarked on one of the largest factory-building sprees in chip-industry history, part of an audacious plan to revitalize the Silicon Valley pioneer. But he’s missing a key ingredient: enough... — read more
Israel F28
Stay safe all, I heard the factorys region has gone code red.
AMD Exec Says Intel IFS is Destined to Fail
A senior AMD executive has implied that the most significant strategic change implemented at Intel under the stewardship of Pat Gelsinger was misguided. Intel's newfound enthusiasm for being a contract chip manufacturer for other companies, a key... — read more
PSG led by former CPO/ marketing person
You know its going downhill when a tech org is led by a salesperson.
how many ppl still in CPM?
https://www.bizjournals.com/sacramento/inno/stories/news/2023/10/04/intel-more-layoffs-folsom.html
Wait….After all these years, you’re finally saying the X86 is NOT going to make a comeback?
Maybe we should get into the mobile chip business. LOL
Another IPO will be announced beside mobile eye and PSG
You heard it first here. Stay tuned…. Guess which BU is that?
PSG separation = layoff?
Just read the news today doesn’t that mean PSG payroll won’t be Intel anymore? Are they going to be an individual company? People in Intel that supports PSG function will they see layoff/reorg?
promotion or demotion for SR
Sandra became CEO of new company. Was that a promotion or a demotion?