Earlier quoted context omitted.
AMD almost went bankrupt because of Intel's illegal behavior. Intel received a small slap on the wrist, shrugged it off, and then proceeded to do nothing with their illegally-won cleared playing field (making what is perhaps the single biggest business blunder in human history - they effectively were left with zero competition, and squandered the opportunity). Meanwhile, AMD got scrappy and found a way to bounce back…
Wasn’t that judgement recently vacated for failing to prove the case, though?
Intel is on life support. Can anything save it?
101–110 of 122 posts
Re: Intel is on life support. Can anything save it?
#102> Intel has expertise and talented engineers. Intel certainly had those things. It has lots of interesting IP around processor design and tooling locked away in source control and so forth. I think it is critically important whether Intel has retained the engineers who knew how to build world class products. Nehalem was excellent and shipped in 2008 so I'm sure they had the skills back then. They used to have a reput…
If their latest cpus that beat apples m in battery life while still using X86 are anything to go by, these people seem to still be there.
Re: Intel is on life support. Can anything save it?
#103Earlier quoted context omitted.
Intel's foundry business doesn't exactly complement NVIDIA, either, so there's no reason for NVIDIA to help prop up Intel.
Of course it does. Do you think Nvidia likes being dependent on TSMC?
Intel's foundry business is unsuitable for NVIDIA to use to produce GPUs. Intel's foundry business is also not a complement in the economics sense, as in "commoditize your complement"; it's a substitute for TSMC fabs (but a bad substitute). The market impact of Intel's foundry business is that incremental improvements to the fabs used more or less exclusively for Intel's x86 CPUs does not lead to higher sales of NVIDIA GPUs. It would take an unrealistically huge advance in quality or drop in price for Intel's fabs and the output thereof to affect demand for NVIDIA GPUs.
Re: Intel is on life support. Can anything save it?
#104Earlier quoted context omitted.
Wasn’t that judgement recently vacated for failing to prove the case, though?
No? https://en.wikipedia.org/wiki/Advanced_Micro_Devices,_Inc._v... .
That’s not the case that’s normally referenced, why don’t you cite the 1991 case while you’re at it ;)
Re: Intel is on life support. Can anything save it?
#105Earlier quoted context omitted.
It is the same old story. Once the bean counters take charge, pandering to Wall St becomes the one and only priority. Engineering is deemed an expense and thus has to be cut and cut. The old experienced engineers retire and the new generation of engineers gravitate to companies with more favorable culture. McDonnell Douglas takeover Boeing is an example.
Pandering to the people who own the company seems normal
It is also a great way to ruin a company. Especially if you are pandering to the wider market.
Re: Intel is on life support. Can anything save it?
#106> After two sets of disastrous quarterly earnings the company’s market value has shrivelled to $84bn, less than the value of its plants and equipment, from over $210bn in January. Holy smokes. I just looked at the INTC 5 year chart and it is, in fact, a bath of blood. I don't think it happens very often that the market cap of a company is less than the worth of its physical assets.
INTC is criminally oversold right now. I'm buying as much of it as I can at these prices.
I don't invest in stocks so this might be a stupid question: I get that Intel is undervalued now. If things go right it should have a significant premium over its current value. But doesn't that also depend on the rest of the semiconductor sector? Let's say the AI boom bursts. Wouldn't this be a big hit for Intel due to slowdown of semi market, although they are doing good?
Re: Intel is on life support. Can anything save it?
#107Re: Intel is on life support. Can anything save it?
#108I think Gelsingers plan is sound, but they have only one try left after they desired to skip 20A to save money. It's 18A or bust. If 18A is not success, Intel will drop out of manufacturing. If 18A does well, Intel is back making money next to TSMC. So far 18A seems to be a success. Already sub-0.40 D0 defect density and launch at some time 2025Q3 and fully ramped up in 2026. Fabs will bleed money 2024 and 2025, ther…
20A was just a stepping stone to 18A, dropping it was more of a tactical than a strategic decision, I think people are reading too much into it.
This is kind of normal in the industry too. Some nodes are skipped by the fabs, some are skipped by the customers even (TSMC 20nm, 7nm etc). If there's not much customer traction why bother.
Re: Intel is on life support. Can anything save it?
#109Intel being on life support is a bit of a stretch. They are investing an awful lot of money, and it's going to take time for those investments to pay off. I worry more about their inept handling of recent CPU bugs than I do about their stock price or reduced dividends.
But the article mentions that capital spending is down. Their revenue is also not really growing to support even bigger investments. Government subsidy will only take them so far. And they have stronger competitors in almost every domain they compete in.
Sure, but the new fabs take time to build and spin up. I don't know how exactly they spend that money, but I'm guessing a large amount is up front (acquiring land and starting construction etc), so it doesn't seem impossible that spending slows down once construction is well under way?
Re: Intel is on life support. Can anything save it?
#110I think Gelsingers plan is sound, but they have only one try left after they desired to skip 20A to save money. It's 18A or bust. If 18A is not success, Intel will drop out of manufacturing. If 18A does well, Intel is back making money next to TSMC. So far 18A seems to be a success. Already sub-0.40 D0 defect density and launch at some time 2025Q3 and fully ramped up in 2026. Fabs will bleed money 2024 and 2025, ther…
20A was just a stepping stone to 18A, dropping it was more of a tactical than a strategic decision, I think people are reading too much into it.
They skip the node means no customer demand an no incoming money. If 18A is merely meh, they run out of money, and 14A never happens. Someone else buys the assets and Intel will not compete with Samsung or TSMC.