First I misread and thought they sold mobileeye and was like wow that only got them $147M! Hopefully they dont need to start a gofundMe and can survive...
It isn't. Intel has something like 20B cash on hand still. Even if it loses 4B a year, it has a 5 year ramp before even touching debt or equity sales, which probably would give it infinite money.
Intel is the boeing of semiconductors in the US, with all the pros and cons involved.
Wow, how much trouble they really are in? This cannot just be some slow down of sales, this looks a combination of mass migration to AMD and the CPUs getting so powerful that the demand for quantity has collapsed. You can run most IT workload on a single machine these days.
Anyone remember when Intel was too big to fail? They bragged about having more people in software than AMD's entire employee count, and they couldn't put together a functioning graphics driver.
"Oh no, they outsourced that driver to some Russian driver tea-" I mean, that pretty much guarantees they didn't have enough competent software developers to build it then, because we didn't exactly get a Plan B afterwards.
It's just the typical copy-and-paste propaganda that is spread on the internet. All drivers have problems, the Nvidia forum is full of users complaining as well as AMD, but nothing out of the ordinary. Btw I haven't had any problems with AMD drivers in the last two years.
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webdoctors - Wednesday, August 14, 2024 - link
First I misread and thought they sold mobileeye and was like wow that only got them $147M! Hopefully they dont need to start a gofundMe and can survive...ballsystemlord - Wednesday, August 14, 2024 - link
Intel sells Arm. Next it sells it's Leg. Then, it's first born... ;)529th - Thursday, August 15, 2024 - link
lolABR - Thursday, August 15, 2024 - link
Hard to believe Intel can be hard up for cash given how it literally printed money (at >60% margins) for so many years.amschroeder55 - Thursday, August 15, 2024 - link
It isn't. Intel has something like 20B cash on hand still. Even if it loses 4B a year, it has a 5 year ramp before even touching debt or equity sales, which probably would give it infinite money.Intel is the boeing of semiconductors in the US, with all the pros and cons involved.
sharath.naik - Thursday, August 15, 2024 - link
Wow, how much trouble they really are in? This cannot just be some slow down of sales, this looks a combination of mass migration to AMD and the CPUs getting so powerful that the demand for quantity has collapsed. You can run most IT workload on a single machine these days.mukiex - Thursday, August 15, 2024 - link
Anyone remember when Intel was too big to fail? They bragged about having more people in software than AMD's entire employee count, and they couldn't put together a functioning graphics driver."Oh no, they outsourced that driver to some Russian driver tea-" I mean, that pretty much guarantees they didn't have enough competent software developers to build it then, because we didn't exactly get a Plan B afterwards.
Sivar - Thursday, August 15, 2024 - link
To be fair, AMD can't put together a functioning graphics driver, either.ballsystemlord - Thursday, August 15, 2024 - link
Nvidia can, but it will cost you an Arm to buy their GPUs. ;)bananaforscale - Thursday, August 15, 2024 - link
Technically it won't, after all Nvidia tried to acquire ARM but was denied. ;Pbananaforscale - Thursday, August 15, 2024 - link
WDYM? I haven't seen huge issues in years.Dante Verizon - Monday, August 19, 2024 - link
It's just the typical copy-and-paste propaganda that is spread on the internet. All drivers have problems, the Nvidia forum is full of users complaining as well as AMD, but nothing out of the ordinary. Btw I haven't had any problems with AMD drivers in the last two years.