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Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

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Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#271

Post by eru »

tostitos1979 wrote: post #247
noir_lord wrote: post #216

Earlier quoted context omitted.

Me as well, I built an i5-2500K system backend 2010(ish), it's still my main home desktop, 32GB RAM and an SSD and it's as fast as the machine at work that is two generations newer (or more correct it's imperceptibly slower). Things have really levelled out for average loads even developer loads (mostly do web dev, run vagrant machines that kind of thing). I can't see me upgrading til this thing dies tbh.

What you folks are saying is mostly true. VR and 4K are the drivers for a whole new compute cycle in the home. I think the current core counts for Xeon are good enough for cloud (by this I mean that I think CPU isn't the bottleneck for the average EC2, Google Compute, Azure instance). Any one care to comment?

We still need more CPU in the cloud. There's an almost unlimited appetite; and we still often look for optimizations to our program that reduce CPU load. (At least at Google. Not sure how much I am allowed to say in more detail, though..)

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#272

Post by jonknee »

megablast wrote: post #260
tma-1 wrote: post #39

So Intel is cutting 11% of its workforce, Goldman Sachs just reported a 56% drop in profits, Morgan Stanley had a 50% drop in profits, Netflix missed subscriber growth estimates etc... yet, the Dow just hit a 9-Month high, and the S&P500 is now above 2100. The whole market is overvalued, not just the tech unicorns.

You should start a new index, called the 3 index, that just looks at 3 companies. That should be enough to gauge the market, right?

The DJIA only has 30 which is always surprising to me (to its credit it tracks with the S&P 500 pretty well).

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#273

Post by bduerst »

cft wrote: post #229
criley2 wrote: post #214

Earlier quoted context omitted.

"The stimulus mode is a permanent regime now" As a general FYI to those reading -- please fact check before commenting. The Federal Reserve's quantitative easing program ended on Oct 29th, 2014 (538 days ago!) It is difficult to assert that a program which ended over 500 days ago is permanent. Additionally, one may be willing to assert that "ZIRP is permanent regime now" too, to tack onto the culture that central ban…

Just take things in in a perspective, not just based on the latest quarter news: http://b-i.forbesimg.com/jessecolombo/files/2014/01/united-s... http://moneymorning.com/wp-content/blogs.dir/1/files/2015/09... http://www.naic.org/images/capital_markets_archive/2013/1305... whether they do a token 0.5% hike (they probably won't), it's obvious that something very basic has changed, and quite likely irreversibly .

Why did you link three pictures of the same graph?

They also don't support your hypothesis that something has changed irreversibly.

Raising the interest rate more than 0.5% would have likely had a negative impact. It's very likely the Fed will raise it again later this year.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#275

Post by megablast »

teraflop wrote: post #239
djsumdog wrote: post #217

Earlier quoted context omitted.

I don't see why job losses are a bad thing. The last generation of machines was built so well that people don't need new ones. Good! This should be a great thing. Valuing growth over sustainability makes these backwards ass goals of hiring more, building more and growing. The way this is spun is pretty horrible. Amazon and Wal-mart losing is a good thing for the environment and society as a whole. You yell, "But peop…

> You yell, "But people lose their jobs..." There are more jobs, plus why does everyone need a job anyway? This is kind of silly. Job losses are a bad thing precisely because we don't yet live in a world where you can get by on a guaranteed minimum income without a job. If you think it's worthwhile to push society in that direction, then great, but don't kid yourself that believing in it is the same as having already…

Right, they are obviously bad for the people losing their jobs and for the society. But are they bad for Intel? I think that was his point.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#276

Post by thecourier »

chris_wot wrote: post #240
thecourier wrote: post #221

Earlier quoted context omitted.

it works like this: Imagine you have a huge amount of money, enough to buy whole companies like Apple, Coca Cola and Walmart. you want to keep your money and even make it grow, so you're looking for good businesses to buy. I have one company for sale at USD329 billions, it grows 50%-100% a year for now and currently generates USD3.29 billions I have another company for sale at USD219 billions, it is shrinking at 1.4%…

That's very interesting, thank you for posting this!

sure, man. glad it helped you.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#277

Post by superkuh »

qaq wrote: post #199

Maybe it's time to innovate a bit? I have 0 reasons to upgrade my 6 year old MAC Pro, I would need to spend 5K to get a mild performance boost.

I agree but that's a bad example. Macs are notoriously expensive for the performance they deliver.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#278

Post by api »

dangero wrote: post #135
tedsanders wrote: post #63

This is what the end of Moore's Law looks like. * Tick-tock is dead. * 10 nm is severely delayed. * EUV is severely delayed. * Significant layoffs in R&D * The ITRS roadmap is vaguer than it's ever been. * Giant mergers are up (Intel+Altera, KLA+Lam, etc.), concentrating the industry more than ever. * And ultimately: A 5-year-old PC still works just fine. When I say this is the end of Moore's Law, I'm not trying to b…

Interesting point. If we are witnessing the end, would we recognize it at the time? Moore's Law has been something we've become accustomed to, so it almost seems hard to believe that it will end even if we are told that it will. Makes me wonder what research money will be spent on instead of just faster chips.

Worst case scenario: nothing. The R&D goes away. Look at aerospace for a nightmare scenario.

In the early 20th century we got fixed wing flight.

In the teens and 20s we got motorized fighters and the first passenger planes.

In the 40s we got jets.

In the 50s we broke the sound barrier and orbited Sputnik.

In the 60s we landed on the Moon.

In the 70s we... stopped going to the Moon.

In the 80s nothing much happened except declassification of a few things (stealth) that were developed in the 60s and 70s.

In the 2000s we grounded the Concorde. Passenger flight got slower and more expensive.

In 2016 we fly on passenger planes no faster than what we used in the 70s and 80s, and we're stuck in low Earth orbit.

1969 was the peak of the aerospace industry. With the exception of SpaceX (which is really just picking up where NASA left off), we are less advanced today than we were in the 1960s.

There's many places we could go beyond conventional Moore's Law: multi-dimensional chips, optical, quantum, exotic materials with very low power consumption, etc. But if what we have is "good enough" and there is little demand for anything faster, the R&D dollars won't be spent. If anything the shift toward mobile computing and wimpy thin client endpoint devices might actually lead to a pull-back and loss of capability similar to the one we saw in aerospace after the 70s.

The consolidation we are seeing is not a good sign. This is what happens when an industry decides it's now a cash cow and it's time to go out to pasture.

We also could have a base on the Moon and Mars right now and be working on our first interstellar probe to Alpha Centauri. Physics didn't stop us. Economics and politics did.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#279

Post by tim333 »

tma-1 wrote: post #39

So Intel is cutting 11% of its workforce, Goldman Sachs just reported a 56% drop in profits, Morgan Stanley had a 50% drop in profits, Netflix missed subscriber growth estimates etc... yet, the Dow just hit a 9-Month high, and the S&P500 is now above 2100. The whole market is overvalued, not just the tech unicorns.

Yup overvalued. The GMO report which is about the best source I've found for this stuff had the projected 7 year return for US equities at -2%/year which is not great. https://www.gmo.com/docs/default-source/public-commentary/gm... p9

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#280

Post by maaku »

takno wrote: post #134
spriggan3 wrote: post #90

Earlier quoted context omitted.

Didn't they acquire McAfee too ? How did it ever make sense for an hardware company ?

Since when did Acquiring McAfee ever make sense for anybody?

it makes sense for McAfee shareholders...
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