Earlier quoted context omitted.
Intel can save a lot of money by getting rid of incompetent folks in higher management, closing a lot of projects/teams that do not add value, a lot of middle management, simplifying processes that slow down the teams that are actually doing job, changing culture where working 10hr/wk is not tolerated. They need to do some variation of what Elon did to twitter. I have seen many of these things first hand.
I don’t think twitter is a really good example considering its equity value has fallen precipitously under his reign.
Intel to Receive $8.5B in Grants to Build Chip Plants
211–220 of 657 posts
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#212We're living through the silicon age and Intel has made a total dog's breakfast of it. Stagnant revenues, falling profits. Both should have been growing geometrically. Just compare these companies: https://valustox.com/INTC https://valustox.com/AMD https://valustox.com/AVGO https://valustox.com/AMAT Even Qualcomm has seen good growth: https://valustox.com/QCOM This is how it's done: https://valustox.com/NVDA EDIT the…
Native English speaker here, I've never heard this expression before?
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#213Earlier quoted context omitted.
You’re likely being downvoted for posting an opinion piece with zero supporting evidence.
Then the right response is, e.g. “Do you have any evidence that the CHIPS act require DEI?” Yes, see the relevant sections here: https://x.com/bonchieredstate/status/1766467529151557788?s=4... “Do you have any evidence that DEI distributes outcomes to favored activist identities?” A summary: https://youtu.be/n0fpeiFNWMY?si=eiCnRL0LX8RhOlxI Happy to provide evidence from woke literature if you are interested in eviden…
DEI has become a new conservative talking point but so far I haven't seen any evidence that such programs do anything to restrict hiring "white and Asian male[s]" as you put it. I've noticed some people complaining about what they imagine DEI means which is just the same old "affirmative action" complaints recycled.
I'm not saying there are not some cases of DEI-induced discrimination - the world is wide after all - but that isn't what DEI policies/programs say in their text or how they're intended to work. I have never seen anyone saying we should lower standards to meet some kind of "quota".
Again I want to point out that the numerous conservative attacks on affirmative action constantly claimed it was a quota system despite that being a flat-out lie. That makes me skeptical about this current round of conservatives blaming everything from the airline pilot shortage to fab personnel issues on "DEI".
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#214Earlier quoted context omitted.
I don't think Intel is going to train a new skilled workforce. Their domestic hiring is minimal. Like the rest of tech these bills are leveraging work visas that ensure the Corp has feudal control over their workers. The right thing to do is to block these big waves and force global competition.
Who would the competition be between?
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#215Earlier quoted context omitted.
[flagged]
So is every black or hispanic person trying to get a job in tech or maybe thinking of going back to school to get another degree is a closet communist trying to… destroy institutions? Asking for a friend.
That’s not an argument and not an inquiry. Eg what you could ask is
“What makes you confident DEI is Marxist?”
It institutes DEI commissars (in Russian: a soviet) in every company like Stalin did to redistribute outcomes through equity from Marxist oppressor categories to oppressed categories while aggressively destroying dissent.
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#216We're living through the silicon age and Intel has made a total dog's breakfast of it. Stagnant revenues, falling profits. Both should have been growing geometrically. Just compare these companies: https://valustox.com/INTC https://valustox.com/AMD https://valustox.com/AVGO https://valustox.com/AMAT Even Qualcomm has seen good growth: https://valustox.com/QCOM This is how it's done: https://valustox.com/NVDA EDIT the…
>> dog's breakfast Native English speaker here, I've never heard this expression before?
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#217We're living through the silicon age and Intel has made a total dog's breakfast of it. Stagnant revenues, falling profits. Both should have been growing geometrically. Just compare these companies: https://valustox.com/INTC https://valustox.com/AMD https://valustox.com/AVGO https://valustox.com/AMAT Even Qualcomm has seen good growth: https://valustox.com/QCOM This is how it's done: https://valustox.com/NVDA EDIT the…
>> dog's breakfast Native English speaker here, I've never heard this expression before?
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#218Earlier quoted context omitted.
[flagged]
So is every black or hispanic person trying to get a job in tech or maybe thinking of going back to school to get another degree is a closet communist trying to… destroy institutions? Asking for a friend.
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#219Wouldn't GlobalFoundries (HQ in New York and supposedly on the "Trusted Foundry" list) have made more sense, since they fabricate chips for multiple different companies, where as Intel only makes them for Intel? Boosts a competitor, opens up fab capacity for all and moves the needle on the intentions behind the CHIPS act, all at once.
GlobalFoundries are nowhere near the leading edge on node process, and Intel have opened up their foundries to customers since Pat's return with the advent of IFS: https://www.intel.com/content/www/us/en/foundry/overview.htm...
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#220Earlier quoted context omitted.
Too much money in what context? It can be an extremely effective motivator for solving a business problem - hire smart people to work on it, they'll happily go work for double their pay.
A baby can't be made in one month just because you had the money to hire 9 surrogates. Many processes do not scale just because a money spigot turned on. What most often does scale as quickly as monetary availability is fraud, waste and abuse.