this post was submitted on 31 Aug 2024
233 points (98.3% liked)

Technology

59148 readers
2144 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
233
Intel’s Troubles Complicate U.S. Chip Independence (spectrum.ieee.org)
submitted 2 months ago by [email protected] to c/[email protected]
46 comments fedilink hide all child comments
 

Will more funding be needed to keep Intel competitive?

On 1 August 2024, Intel announced financial results for the second quarter of 2024. They weren’t pretty; the company’s stock dropped more than 25 percent as it announced an aggressive plan to cut costs, including layoffs that will impact 15 percent of its entire workforce.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 2 months ago* (last edited 2 months ago) (2 children)

And this is why I don't understand why Nvidia is valued so highly on the stock market. It's obvious that other players are developing chips for Ai as well, and it's also obvious that the benefits from Ai are just shallow stuff like helping the consumer do things with their voice instead of clicking buttons.

Sure we got Ai to make pics better, and Ai to help with tasks, but if it wasn't there, we wouldn't even think twice about it.

Chat gpt seems to be the best product so far.

[–] [email protected] 5 points 2 months ago

And this is why I don’t understand why Nvidia is valued so highly on the stock market.

Don't hold your breath waiting for anything about the stock market to make sense.

[–] [email protected] 3 points 2 months ago

it's also obvious that the benefits from Ai are just shallow stuff like helping the consumer do things with their voice instead of clicking buttons.

Not obvious to the billionaires and hedge funds who own most of the stock market.

Never forget that wealth and power doesn't automatically equal intelligence and competence..