You know, this was inevitable as of 11th gen… TSMC has been eating Intel’s lunch for years with their ability to produce a continually smaller node in higher volumes.
Intel struggles to build and upgrade fabs and they bet on the server market instead of concentric diversification. (Making more generic chips for a wider array of uses).
They focused on direct to consumer (or channel sales) instead of waking up to the fact that chips have been a commodity for awhile now.
Combine arrogant leadership with slipping engineering and relying more on chasing quarterly profits has led them to this. It’s sad because they can make amazing products but chose so poorly to listen to marketers instead of the market.
RIP Intel.
On the plus side, this sets up to a couple years until AMD gets crappy and Intel claws it’s way back maybe?
asmallman
Bigdongergigachad
That guy on WSB is gonna be a legend if his 700k gamble pays off
PoshDiggory
I want to know where the hell they think they get off, when theyve been behind AMD for years. Making faulty cpus, and now lay offs? They aren’t just shooting themselves in the foot; theyre taking a hacksaw to it.
wazzapgta
Good timing to buy stonks?
psych4191
And the hits keep comin and they don’t stop comin
Dusty_V2
The entire market is down lol
Edit: downvote all you want. I’m on board the intel hate bandwagon. But we dont need to grasps all the straws. This isn’t entirely due to their shit business practices.
roniadotnet
Is it the end of x86?
Cymdai
Guarantee you there will be fools rushing to scoop up the bag and “buy the dip” not realizing that Intel has been a trash company for years. This is just time catching up with incompetence.
zeroStackTrace
fuck intel
MrOphicer
And all this without the 13/14 gen CPU debacle… they should brace themselves when the issue comes to light to investors and partners. It’s going to be a tough road for Intel from now on. They better fund the F out of their R&D department. But I highly doubt it’s the end of Intel, and I hope it better not be since we can’t have a CPU monopoly as well.
Comprehensive_Ship42
We all better hope intel comes back from this or we only have AMD . And having one company being the sole maker of CPUs is bad for innovation , competition it’s just bad all round . And could hike the prices to 2k a cpu for the best 9950x and we would have to pay it because they would be the only people making CPUs . If intel goes bankrupt. Bad news all round .
rohitandley
Ready to buy the dip. Let’s go.
FatMax1492
RIP to that guy who put 700k out of his late grandmother’s inheritance into Intel
talancaine
The more and more intel news I see, I’m convinced that grans inheritance kid was just some board member shitposting during the final meeting before they announce the layoffs/scale back.
Looking at you “Dr” Ishrak
JimmyReagan
The dividend suspension is killer. I literally thought about selling yesterday knowing Tech Jesus was about to go over something big but stopped since it was still paying a decent dividend.
Sucks for me…
techma2019
Augh. Hate to see this. I don’t want AMD to become the crappy Intel that kept us on 4 cores for a decade.
SleepyGamer1992
I’m so glad I didn’t invest $700,000 in Intel stock.
GreyCookieDough
The market giveth and the market taketh.
Ne0_sphere
It’s happening….
AncientStaff6602
So I had this bright idea to blow 700k on this stock…
Hollow_Apollo
Me to Intel: Are the “setbacks” in the room with us right now?
mentive
That guy who just invested 700k in Intel should have waited just a wee bit longer.
Moto_919
Now even more happy with my full AMD build then i was before 😂
ElektrikDingo
Fuck that dude in r/wallstreetbets who dropped 700k on Intel stock must be crying
25 Comments
Whoopsie doodle!
You know, this was inevitable as of 11th gen… TSMC has been eating Intel’s lunch for years with their ability to produce a continually smaller node in higher volumes.
Intel struggles to build and upgrade fabs and they bet on the server market instead of concentric diversification. (Making more generic chips for a wider array of uses).
They focused on direct to consumer (or channel sales) instead of waking up to the fact that chips have been a commodity for awhile now.
Combine arrogant leadership with slipping engineering and relying more on chasing quarterly profits has led them to this. It’s sad because they can make amazing products but chose so poorly to listen to marketers instead of the market.
RIP Intel.
On the plus side, this sets up to a couple years until AMD gets crappy and Intel claws it’s way back maybe?
That guy on WSB is gonna be a legend if his 700k gamble pays off
I want to know where the hell they think they get off, when theyve been behind AMD for years. Making faulty cpus, and now lay offs? They aren’t just shooting themselves in the foot; theyre taking a hacksaw to it.
Good timing to buy stonks?
And the hits keep comin and they don’t stop comin
The entire market is down lol
Edit: downvote all you want. I’m on board the intel hate bandwagon. But we dont need to grasps all the straws. This isn’t entirely due to their shit business practices.
Is it the end of x86?
Guarantee you there will be fools rushing to scoop up the bag and “buy the dip” not realizing that Intel has been a trash company for years. This is just time catching up with incompetence.
fuck intel
And all this without the 13/14 gen CPU debacle… they should brace themselves when the issue comes to light to investors and partners. It’s going to be a tough road for Intel from now on. They better fund the F out of their R&D department. But I highly doubt it’s the end of Intel, and I hope it better not be since we can’t have a CPU monopoly as well.
We all better hope intel comes back from this or we only have AMD . And having one company being the sole maker of CPUs is bad for innovation , competition it’s just bad all round . And could hike the prices to 2k a cpu for the best 9950x and we would have to pay it because they would be the only people making CPUs . If intel goes bankrupt. Bad news all round .
Ready to buy the dip. Let’s go.
RIP to that guy who put 700k out of his late grandmother’s inheritance into Intel
The more and more intel news I see, I’m convinced that grans inheritance kid was just some board member shitposting during the final meeting before they announce the layoffs/scale back.
Looking at you “Dr” Ishrak
The dividend suspension is killer. I literally thought about selling yesterday knowing Tech Jesus was about to go over something big but stopped since it was still paying a decent dividend.
Sucks for me…
Augh. Hate to see this. I don’t want AMD to become the crappy Intel that kept us on 4 cores for a decade.
I’m so glad I didn’t invest $700,000 in Intel stock.
The market giveth and the market taketh.
It’s happening….
So I had this bright idea to blow 700k on this stock…
Me to Intel: Are the “setbacks” in the room with us right now?
That guy who just invested 700k in Intel should have waited just a wee bit longer.
Now even more happy with my full AMD build then i was before 😂
Fuck that dude in r/wallstreetbets who dropped 700k on Intel stock must be crying