Intel to Announce Plans This Week to Cut More Than 20% of Staff
Bloomberg - Are you a robot?
Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.
I’m hoping Arc survives all this?
I know they want to focus, but no one’s going to want their future SoCs if the GPU part sucks or is nonexistent. Heck, it’s important for servers, eventually.
Battlemage is good!
Considering how badly Nvidia's been pricing their dGPUs, the market's ripe for a low cost alternative to fill a niche for years to come.
'Competitors' just use nvidia's price gouging as an excuse to charge more themselves.
Not sure which chipmakers survive a 245% tariff…
Does Intel make its main CPUs in China for those high tariffs?
Looked it up and found this info at least:
Key US Locations:
Arizona (Fab 52 and 62), New Mexico (Fab 9 and 11x), and Oregon (Hillsboro) are major Intel manufacturing hubs in the US, with the new Fab 42 and 32 also being part of a larger campus in Arizona. Ohio is also a major site with construction well underway for two new leading-edge chip factories.
Global Footprint:
Intel also has manufacturing facilities in locations like Israel (Jerusalem, Kiryat Gat) and Ireland (Leixlip).
Expansion and Future:
Intel is actively expanding its global network with new fabs in Ohio, Germany, and other locations, according to Intel Newsroom and plans to make the German fab one of the most advanced in the world.
My friend is on one of the teams working on that so I suppose I'll know soon enough if they're gutting that portion. So far he hasn't said anything, so here's hoping they're safe!
Nothing at all to do with the tariffs, I'm sure.
Honestly, Intel has been up shit creek for a while now. No one big wants to use Intel’s fabs because they’re afraid that Intel’s design team will copy their homework.
Vertical integration has fucked Intel. TSMC’s fabs get all the important contracts from Nvidia, Apple, etc. And the massive client volume allows them to accelerate the evolution of their fab tech.
Intel needs to break their chip design business and fab into two separate businesses, otherwise it’s a continuation of the death march.
AMD did that, but Global Foundry doesn't do that well, at least compared to TSMC. Also Intel was going strong with their fabs until AMD started building better chips architecture wise. I'm just saying that splitting might not work.
No one wants to use their fabs because they're bad!
(Not awful, but not cutting edge really any more)
They've been struggling a lot recently, but this stuff with the tarrifs cantve made it any easier for them.
Suffering decades of imbeciles executive "leadership"
They spent the R&D budgets on stock buy backs and now rely on federal government to pitch in for their capex.
A lot of their chips are fab'd in the US and Israel and Germany and others though. It's weird that nobody has mentioned all their US fabs. The new ones coming up in Ohio shortly (construction has been going already) will be two next-gen fab plants.
...with global parts and materials.