Intel Reports First Net Loss in over 30 Years
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Intel Reports First Net Loss in over 30 Years
1–10 of 22 posts
Re: Intel Reports First Net Loss in over 30 Years
#2This is huge. They used to do anything to report a profit. I was part of the 2016 reduction and we knew it was for them to reduce sg&a. They offered early retirement to many high level (VP+) to get salaries off the books. We were always told Intel would never report a loss.
Re: Intel Reports First Net Loss in over 30 Years
#3Yes. It really is indeed back to the drawing board for Intel [0] and now they are really losing money.
Re: Intel Reports First Net Loss in over 30 Years
#4It's really amazing that they have managed to miss every trend for so long.
Mobile? Nope, don't care, let it go to Qualcomm, Arm, etc.
Cloud shift from on-premise hardware? Screw their power and efficiency demands, let them eat cake (buy Xeons).
Re: Intel Reports First Net Loss in over 30 Years
#5Yes. It really is indeed back to the drawing board for Intel [0] and now they are really losing money. [0] https://news.ycombinator.com/item?id=30603789
I have no corporate financial knowledge so I may out of my depth here but I believe they have made significant investments lately to try to spur up a chip industry outside of China's sphere of influence. Would their bad results be, partly, the result of this?
Re: Intel Reports First Net Loss in over 30 Years
#6It's really amazing that they have managed to miss every trend for so long. Mobile? Nope, don't care, let it go to Qualcomm, Arm, etc. Cloud shift from on-premise hardware? Screw their power and efficiency demands, let them eat cake (buy Xeons).
This is of course overly simplistic. They absolutely wanted to have mobile too, but didn't manage to execute it. Nokia and surely also other manufacturers were counting on Intel delivering, and had to scramble to re-engineer some flagships in the pipeline to switch to available ARM components when Intel's mobile failure became likely.
Re: Intel Reports First Net Loss in over 30 Years
#7Yes. It really is indeed back to the drawing board for Intel [0] and now they are really losing money. [0] https://news.ycombinator.com/item?id=30603789
I have no corporate financial knowledge so I may out of my depth here but I believe they have made significant investments lately to try to spur up a chip industry outside of China's sphere of influence. Would their bad results be, partly, the result of this?
One of the announcements was a reduction in the amount they were spending on building fabs.
I’m not sure cutting capex to pay a dividend is a good move.
Re: Intel Reports First Net Loss in over 30 Years
#8Does anyone else think the future of personal computing is 100% arm?
Arm runs cheaper and more efficient. Aside from PC gaming, were AMD has been doing exceptionally well lately, I don't know what Intel's place is to the typical person.
Re: Intel Reports First Net Loss in over 30 Years
#9It may be related to them preparing for a round of begging for public money?
https://amp.cnn.com/cnn/2022/07/28/politics/house-vote-chips...
Re: Intel Reports First Net Loss in over 30 Years
#10Does anyone else think the future of personal computing is 100% arm? Arm runs cheaper and more efficient. Aside from PC gaming, were AMD has been doing exceptionally well lately, I don't know what Intel's place is to the typical person.
> Does anyone else think the future of personal computing is 100% arm?
Citation needed. VIA made power efficient X86 processors.