https://finance.yahoo.com/news/us-senate-committee-passes-bill-093000173.html
Why is Intel where it is, with the worst still to come
Missed Mobile, Missed AI, now a distant company with little manufacturing or technology. Still can design a mean x86 as there is only other competitor. In everything else Mr... — read more
Stock price and layoff in the next quarter
Each year, investors grant a pool of shares to Intel for distribution to employees in the form of RSUs, PSUs, and options. The higher the stock share price, the fewer shares are used from the pool of available shares. In simple terms, a higher price... — read more
ARM IPO leaves Intel in the Dust You heard it here first
https://finance.yahoo.com/news/arm-stock-jumps-over-20-in-highly-anticipated-ipo-162614467.html And yes, I bought a truckload when it opened.
TSMC helping Intel. You heard it here first.
https://www.reuters.com/markets/deals/intel-sell-10-stake-ims-nanofabrication-tsmc-2023-09-12/
Stock close to 40
I’m guessing 2024 will be even higher with targeted layoffs to reduce the cost
Should you stay at Intel? A simple test.
ANSWER THESE QUESTIONS: Are you proud to tell your friends and family you work there? Is your job challenging and are you fully engaged and excited? Do you respect your manager and do they treat you well? If you answered yes to all three... — read more
TSMC Arizona chip plant will be a paperweight, says analyst
https://9to5mac.com/2023/09/11/tsmc-arizona-chip-plant/
Targeted small batches of layoff expected in DCAI
I heard from a manager friend
Foundry is FUBAR and will fail
In the ever-evolving semiconductor industry, companies must adapt and innovate to stay competitive. One such company attempting to navigate this challenging landscape is Intel. Once a dominant force in chip manufacturing, Intel has faced significant... — read more
Infosec
Needs CPM what a bunch of clowns in this org. A high and mighty attitude on each and every one here, its the most toxic environment i have witnessed. There is no accountability, directors are pushovers and support toxic workers, IC are way over their... — read more
my friend is in CPM, exit day Sept 15
Is that the last batch of the year or do we expect more ppl to go before EOY?
A good read from Jeff Morrison
How can intel improve its margin?? is it only possible by reducing headcounts till 2024... whats your take? Not sure Ayush. Good Question though. Let's explore together.... With Revenue flat to down and ASP's dropping the only path forward is to... — read more
Company wide reorg
Big day yesterday in the company which no one is talking about. Giant all hail mary last ditch effort to realign once again strategy to stay relevant with market leaders (Nvidia, AI, etc). This happened quietly company wide. Most organizations were... — read more
If you are a high performer, how do you know?
I mean, really?
Promo October
I have been told will get promo in October. How much raise should I expect from grade 6 to 7 SOC hardware ?
If you are a high performer, why are you still at Intel?
I'd honestly like to know.
My skill set is too specific to Intel
I had many interviews, but the outcome is the same, i.e. my skill set is only useful at Intel. What can I do as I want to get a job at one of FAANG company?
Intel Sold NM Fab to Tower Semi for $300M
That's about the same amount of money as we owe them for the failed deal. https://www.intc.com/news-events/press-releases/detail/1643/intel-foundry-services-and-tower-semiconductor-announce-new
IFS and Tower Announce New Agreement for New Mexico Capacity
Under the agreement, Tower will utilize Intel’s advanced manufacturing facility in New Mexico. Tower will invest up to $300 million to acquire and own equipment and other fixed assets to be installed in the New Mexico facility, providing a new... — read more
I'm underwhelmed by what's available
I've got my second offer since I started casually looking for something new a few months ago and both of them are under what I make here. The jobs are great but the compensation is just not where it should be. Is this normal these days? Should I... — read more
China's SMIC has caught up with Intel
New Huawei HiSilicon CPU at 7nm on SMIC process. https://www.tomshardware.com/news/huaweis-new-mystery-7nm-chip-from-chinese-fab-defies-us-sanctions https://www.techinsights.com/blog/techinsights-finds-smic-7nm-n2-huawei-mate-60-pro
Good work team Intel
https://x.com/pgelsinger/status/1698765370163929175 81 likes as of this post.
This is why software job codes changing again in October at intel
Simple reason not to pay you enough or give raise The California Department of Industrial Relations has announced that the minimum pay requirements for exempt computer software professionals will increase effective January 1, 2023, based upon an... — read more
This isn’t good, it is FUBAR!!!!
Credit to @lyo+1orfgVya This isn’t good Based on some calculations I just ran, Intel doesn't have sufficient cash to both purchase / outsource current designs to TSMC .AND. fund new process/fab build out for IFS. The amount of cash needed is... — read more
Zacks Research rates Intel as a 'D'
Value: D Growth: F Momentum: B Overall: D Value measures. Intel forward PE is 60. The 'PEG' ratio is the ratio of PE to growth. Intel PEG is over 9. PEG under 2 is preferred. Intel revenue is 31% below what it was 2 years ago. The core... — read more
HOW DO FABS WORK EXACTLY?
Fabs require many expensive devices to function. Estimates put the cost of building a new fab over one billion U.S. dollars with values as high as $3–4 billion not being uncommon. TSMC invested $9.3 billion in its Fab15 300 mm wafer manufacturing... — read more
BUMP
company used to be very focused on product gross margins... it was in the50s/60s for a long time. Now it is well below 40%. For the first time in decades, Intel has to worry about investing cash flows and SG&A... TBH, Intel isn't very good at... — read more
Intel To Spend $9.7 Billion On TSMC Outsourcing In 2025: Goldman Sachs
I think this is the clear sign of upcoming split up of design and manufacturing. https://www.tomshardware.com/news/intel-to-spend-dollar97-billion-on-tsmc-outsourcing-in-2025-goldman-sachs The analysis from Goldman Sachs indicates that the overall... — read more
IFS Core Incompetency Game Show
I will name five critical areas required for success that Intel is missing, see if you can name five reasons why IFS should win. Intel has much higher cost structure then TSMC Intel has weak and inexperienced management in IFS Intel has no... — read more
Layoff coming to TD and manufacturing
Watch minute 13 to 15 . Intel CEO mentions headcount reduction good lunch https://m.youtube.com/watch?v=yg06OWNQtbs&pp=ygUFSW50ZWw%3D
Big talk about IFS but the truth is TMG is a failure
Intel Plans On Ramping Up “Outsourcing” To TSMC, Orders Exceeding $19 Billion Let’s be honest x86 is big business but when you can’t make it internally what do you do watch AMD I. The rear view mirror... — read more
IFS will be a FUBAR
“Remember, I'm a customer of TSMC. So I know exactly what their wafer costs are, what their wafer ASP is, they're presenting to their N5 customers, to their N3 customers, their budgetary for N2. We know what the target is, right, for that.” A... — read more
INTC ocotillo incident
Why no one suing INTC over the tragic incident that happened earlier this year. There's a lot of money involved tbh
Large customer!!!
https://technews.tw/2023/09/01/intel-to-accelerate-arizona-fab-build-out-after-getting-large-customer-order/ who is this d-mb customer?