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A message from Intel CEO Lip-Bu Tan to all company employees

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Re: A message from Intel CEO Lip-Bu Tan to all company employees

#151
post #133

Earlier quoted context omitted.

> Yet even in this current “bad chips” era, Intel is only, at worst, about 10% behind in gaming performance (largely due to cache disparity) Gaming is irrelevant. For AMD, gaming (both console and PC combined) is less revenue than embedded-- things like those routers you can get off of aliexpress and Synology NASes. Enterprise, cloud, and AI are the only things that matter, and even enterprise is falling off. Back in…

I’ve found that a lot of my friends who are into pc gaming still haven’t grokked that ever since the crypto boom, much less the ai boom, that they are the old toys that no one wants to play with anymore. I had a friend who legitimately could not understand why Nvidia didn’t care about their reputation in the gaming market souring even after I showed him the numbers on how much nvidia is selling to corporations now. I…

I mean, for a long time the situation was reversed.

Huge gaming demand and easy retail availability of nvidia's cards was providing economies of scale. If a few professors were buying the GeForce 8800 to look at this new 'CUDA' thing that was mostly a marketing thing.

Around the same time there were also one or two Playstation 3 clusters - but a year or two later Sony removed support for that. HPC being inconsequential, and a distraction from their core business, presumably.

It's only in recent years the stuff that used to be marketing decoration has become reality.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#152
post #93

Earlier quoted context omitted.

If I was an Intel shareholder I would be livid. Can you imagine the look you'd get if it was 1998 and you told me that AMD would have over twice the market capitalization of Intel in the next few decades? In 1998 Intel was 50x larger by market cap than AMD. It is a company that has been catastrophically mismanaged.

I wonder if Six Sigmas has something to do with it...

they became a bit too 'lean'

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#153
post #121

Earlier quoted context omitted.

President Obama: https://www.politico.com/story/2009/03/gm-ceo-resigns-at-oba... Sen. Warren: https://www.pbs.org/newshour/economy/embroiled-scandal-wells...

I'd hardly call the GM situation comparable. In that case GM was asking the government for $16.6 billion (on top of $9.4 billion they had received under Bush). Asking a company that wants a nearly $17 billion bailout to make some changes is not at all unreasonable or unusual. As far as I know Intel is not asking the government for anything special, so having the government commenting on their internal organization is…

Presumably all the teeth in the USG demands are about USG contracts.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#154

Lots of en dashes.

Yup.

I'd bet 98% odds that Intel CEO and/or his comms team drafted this using an LLM trained on a competitor's chips.

Bearish. As if we even needed to know, at this point.

edit: Downvoters -- would you honestly take the other side of that bet?

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#155
post #136

Earlier quoted context omitted.

> It's honestly wild that a sitting US president is calling out specific company CEOs This truly never happened before. Oh wait: https://www.politico.com/story/2009/03/gm-ceo-resigns-at-oba...

Not an apt comparison. GM needed $50 billion in government funds just to stay alive.

[deleted]

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#157

Earlier quoted context omitted.

Fixing how? His first major act is to fire 20% of employees, refocus on old technology (smt) and deprioritize next gen (14a) process development. This is tantamount to surrendering as a leading foundry.

Fixing the willful ignorance that the market structure today is very different from 20 years ago. Process leadership and volume leadership are tightly coupled, and no integrated chip company will again have volume leadership. Intel's historical margin power built on a combination of monopoly on performance (in some markets) and superior economies of scale, that's not coming back. The question is not whether they can…

He came in and trashed everyone's effort then fired them

It played out so smoothly over 3 months it seemed scripted from the start

That's not going to inspire people to step up.

Everything is legal for sure, lawyers were paid to agree. But it feels 100% like an orchestrated short of Intel. A GameStop situation.

I am fucking tired of 60+ year olds setting everyone else up for failure. They've been in charge as the problems came about. They're the problem then.

Boomers and GenX need to get out of the way or get stomped by youth.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#158
post #4

Some context is available here: https://apnews.com/article/intel-trump-cotton-yeary-tan-2061... FTA: “In March 2025, Intel appointed Lip-Bu Tan as its new CEO,” Cotton wrote in the letter. “Mr. Tan reportedly controls dozens of Chinese companies and has a stake in hundreds of Chinese advanced-manufacturing and chip firms. At least eight of these companies reportedly have ties to the Chinese People’s Liberation Army.”

"Controls dozens of companies" is a pretty strong allegation without naming a single one.

"Has a stake in hundreds" is true of anyone who owns a global index fund.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#159
post #51

who buys intel instead of AMD at this point?

I just did because of Quick Sync. Plenty of software has support for Quick Sync, the two I use are Plex and Immich. The AMD equivalent, VCN, has never had anywhere near the same level of software support.
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