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

Technology

59148 readers
2773 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] 13 points 2 months ago (1 children)

Intel had such a huge competitive lead during AMDs Bulldozer debacle. I assumed they were still making internal advancements and just sitting on them since there wasn't any need to push the envelope while they had basically no competition.

Now I'm wondering if they did the typical US corporation thing of laying off their actual talent and using their obscene profits from this period for bonuses for their corporate officers.

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

Mostly, it's more that they had massive infighting, different projects kept fighting each other because everybody wanted to own "the next big thing", so they kept smothering other projects in their beds.

Read about knights landing, it was a beautiful piece of engineering that was eaten by politics.

Imagine a knights landing Ai core.