As a former Intel employee this aligns closely with my experience. I didn't work in validation (actually joined as part of Altera) but velocity is an absolute buzzword and the senior management's approach to complex challenges is sheer panic. Slips in schedules are not tolerated at all - so problems in validation are an existential threat, your project can easily just be canned. Also, because of the size of the compa…
not quite true regarding the focus - you aren't building a $50B+ company when you don't have focus, it's just that their core compentency isn't fashionable right now. they can't grow in the markets they're in because they either own them completely or were driven out, so they're trying different ones (pivoting, if that's applicable to mature companies).
Now they are pivoting everywhere, but theirs is the only market with sufficient margins. And the perspective is that their margins will shrink because of competition and software emulation (that they are keeping into control by patent trolling).