Intel Says Revenue to Miss Expectations, Cuts Jobs

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  • Опубликовано: 22 окт 2024

Комментарии • 73

  • @Raptorman0909
    @Raptorman0909 2 месяца назад +4

    And 13th and 14th gen Intel CPU's are failing in a catastrophic manor and this is NOT limited to enthusiasts overclocking their gaming PC's -- Level1Techs has what appears to be crash dump data that indicates 13th and 14th gen Intel CPU's are vastly more likely to have problems IN SERVER APPLICATIONS. If Intel is going to need to replace them with new chips they are going to need to ramp production substantially to cover both the ongoing needs and the replacement parts. Of course, if you think you might have to release a microcode patch that improves the stability problem but lowers performance they may well be cutting costs in anticipation of being drained of billions in court!

  • @mustafaturksoy
    @mustafaturksoy 2 месяца назад +8

    The management is Terrible.

  • @leealex24
    @leealex24 2 месяца назад +15

    Shucks, 15,000 fired but the CEO retained? CEO holds all the power. He should be the first to go if things become bad.

    • @starvlingk5122
      @starvlingk5122 2 месяца назад

      I'm so glad I sold all my intel stock 4 years ago

    • @DropTableIfExists
      @DropTableIfExists 2 месяца назад

      Maybe because he’s only been there for 3 years while the company has been coasting on cruise control for the last 10+? It’s an attempt at resuscitation at this point

    • @user-lu6yg3vk9z
      @user-lu6yg3vk9z 2 месяца назад +1

      He won’t he will get multi million bonus

    • @vincesiy1403
      @vincesiy1403 2 месяца назад

      @@user-lu6yg3vk9z This is what I never get. They fire people easily that are nowhere near the salary of the CEO yet they give the CEOs big bonuses on top of the already very hug salary they get

    • @ls93780
      @ls93780 2 месяца назад

      Depending on why and how it was done that’s actually the sign of a good CEO. The areas that Intel are reportedly cutting are sales, marketing, and administrative jobs, in other words, this is a perfectly reasonable and normal thing to do when necessary.

  • @FullUhFools
    @FullUhFools 2 месяца назад +5

    15,000 is a bloodbath. Are they outsourcing in disguise?

  • @naga2015kk
    @naga2015kk 2 месяца назад +1

    Multiple vacancies for tech staff in SMIC,
    KINDLY apply IMMEDIATELY.
    relocation benefits for family and schools support.
    Operators are standing by, call now.

  • @uWr.Ppel112
    @uWr.Ppel112 2 месяца назад +28

    Very funny. One country used to import a lot of chips, and who stopped Intel from selling them? Who caused the "sweeping job cuts"?

    • @user-wz8hp2ix9f
      @user-wz8hp2ix9f 2 месяца назад +9

      Intel`s new normal is without China(a large market) and newly forced competitors from China. The USA did a wonderful job.

    • @smoochie3331
      @smoochie3331 2 месяца назад

      Other companies are doing super well without china. It’s irrelevant.

    • @bosun6313
      @bosun6313 2 месяца назад

      They will blame China for everything.

    • @xiphoid2011
      @xiphoid2011 2 месяца назад +1

      Intel has been doing poorly for over 10 years now, nothing to do with China. US's AMD and nVidia are even furthet ahead and eating Intel's lunch.

    • @jakew5987
      @jakew5987 2 месяца назад +1

      Intel is not coming back, no more Chinese market, good luck with earning. Can't innovate and no more money for RD. this is going to be an exciting story, lol.

  • @hangender
    @hangender 2 месяца назад +17

    Intel is no amd that's for sure

  • @Jazzlobotomy
    @Jazzlobotomy 2 месяца назад

    Productivity

  • @ctrl-shift-run8681
    @ctrl-shift-run8681 2 месяца назад +3

    Intel's a company without a plan. Just like GE was a couple of years ago.

  • @hemantsingh8755
    @hemantsingh8755 2 месяца назад +5

    Google already have their own ARM CPU, so Intel CPU loses Google data center revenue. More data centers will move to ARM.

  • @dd07871
    @dd07871 2 месяца назад +1

    Stay away from 14th gen.

  • @franciscomurillo5462
    @franciscomurillo5462 2 месяца назад

    Intel inside, people outside

  • @Dawson2011H
    @Dawson2011H 2 месяца назад

    Well, it is no surprise. If it lost large market share, it will lost revenue, in turn lost the money available for
    R&D, and then it will lost its competitive edge. As one report I read says it is a “death spiral”. Keep up the good work on sanctions, and see how long it can survive with all government money and tariff protections.

  • @vlhc4642
    @vlhc4642 2 месяца назад +1

    Intel's unravelling is beautiful.
    Good luck fighting your tech war against the largest concentration of talent in human history.

    • @iLegionaire3755
      @iLegionaire3755 2 месяца назад +1

      Intel is now fighting alone against NVIDIA, AMD, Apple, and Qualcomm, and Intel won't ever recover if they keep behaving as they have done with Raptor Lake.

  • @zevil89
    @zevil89 2 месяца назад

    You know Intel has dug its own grave when it did not bother to make chips for mobile devices. Even the uninnovative Mediatek is doing far better. Heck Unisoc is even doing better.

  • @rondrake3720
    @rondrake3720 2 месяца назад +2

    Pat needs to take his US paid Golden Parachute and retire

  • @tomlavelle8340
    @tomlavelle8340 2 месяца назад

    Intel not inside

  • @bongsi21
    @bongsi21 2 месяца назад +5

    I'm an Intel fan since 15yrs ago but their crushing in Asia by AMD.
    Converted to team AMD
    Their Intel chips are so expensive vs AMD.
    There is inbalance of prices in Asia by Intel.
    No one is buying their chips because its too expensive, AMD mid processor price is equivalent to Intel entry level processor.
    Intel should wake up, improve their pricing, improve their perfomance of chips (not 5% to 10% of performance increace yearly is nothing) and rebranding it to a next gen processor. The Jig is up.

    • @kleec495
      @kleec495 2 месяца назад

      Plus the lifespan for their motherboard chipset really need to improve. Cannot retain this policy just because it was successful in the past.

    • @iLegionaire3755
      @iLegionaire3755 2 месяца назад +1

      Indeed, AMD is ahead of Intel in every way in 2024, the denial has cracked, and I was an Intel fan for two decades!

  • @भगवानगणेशभगवानगणेश

    Come to India. We have so many dirt-cheap engineers. We want to go the home stretch with you. Intel-India just rhyme so well.

  • @LORDAKIRA818
    @LORDAKIRA818 2 месяца назад +1

    Company is literally a billion dollars richer, and can’t afford its employees… what a terribly bad run company. 13 billion this year compared to 12 billion last year in the same quarter.

  • @ricnyc2759
    @ricnyc2759 2 месяца назад +1

    The truth: AMD and Nvidia are good enough.

    • @iLegionaire3755
      @iLegionaire3755 2 месяца назад +1

      AMD and NVIDIA are the Ibex GOATS, Intel is a crippled llama now.

  • @bikedawg
    @bikedawg 2 месяца назад +10

    Intel needs new leadership---its gone to hell.

    • @AndrewMellor-darkphoton
      @AndrewMellor-darkphoton 2 месяца назад +1

      It old leadership not pat

    • @bikedawg
      @bikedawg 2 месяца назад +1

      @@AndrewMellor-darkphoton they need someone like andy grove

    • @AndrewMellor-darkphoton
      @AndrewMellor-darkphoton 2 месяца назад +1

      @@bikedawg intel's out of founders and it's not the pat's fault the other ones trashed R and D

    • @bikedawg
      @bikedawg 2 месяца назад

      @@AndrewMellor-darkphoton do you know which leaders? i haven't been keeping track

    • @leealex24
      @leealex24 2 месяца назад +1

      Shucks, 15,000 fired but the CEO retained? CEO holds all the power. He should be the first to go if things become bad.

  • @yanshein4042
    @yanshein4042 2 месяца назад +5

    Intel smells like Nortel back in the day

  • @TheRedc0met
    @TheRedc0met 2 месяца назад +1

    Taxpayer bailout coming for Intel!

  • @neutronspdr
    @neutronspdr 2 месяца назад +9

    Intel needs to cut wasteful spending, from the FAB to some of their incompetent staff. Most importantly, those useless meetings. If you spend most of your days in meetings, when are you ever gonna get anything done? last but not least, I'm sure some of their PhDs aren't qualified. Pretty sure their degrees were bought, not earned!

    • @untouchable360x
      @untouchable360x 2 месяца назад +2

      The problem is with leadership and management, not the people below them. If leadership told them to focus on AI years ago, they wouldn't have been in this mess. If leadership told them to focus on mobile over a decade ago, they wouldn't have been in this position.

    • @neutronspdr
      @neutronspdr 2 месяца назад +2

      @@untouchable360x I"d give it 50% of the people who are there, shouldn't be there. They're there just to collect the paycheck and the perks associated with the benefits package. There are a lot of people underperforming. the most wasteful place I've seen!!!

    • @untouchable360x
      @untouchable360x 2 месяца назад +1

      @@neutronspdr agreed. Sometimes it's more like 80%.

    • @iLegionaire3755
      @iLegionaire3755 2 месяца назад +1

      Intel needs engineers in charge of everything, not stockbrokers and empty husk shareholders, who only care about the bottom line.

    • @Thedar561
      @Thedar561 2 месяца назад

      @@neutronspdr more like 80%
      No intel staff member working there for more than 5 years is hireable at another company fact

  • @realmlee8803
    @realmlee8803 2 месяца назад

    Change new ceo, there is other better reason than failure when amd starting taking yr shares! Layoffs is a no brainer, u dunt need a genious to think of that...

  • @asmr-jo7jg
    @asmr-jo7jg 2 месяца назад +5

    인텔 개같은 주식

  • @jpowellfed
    @jpowellfed 2 месяца назад +3

    Intel should get a Taiwanese (asian) CEO, look at NVDA, AMD 😊

  • @lexron1
    @lexron1 2 месяца назад +2

    The future is now old man. AI is here.

    • @withgrowinginsanity198
      @withgrowinginsanity198 2 месяца назад +1

      @@lexron1 and what (AI repleacable) job do you have?

    • @iLegionaire3755
      @iLegionaire3755 2 месяца назад +2

      And AMD, Apple, and NVIDIA will be leading AI, NOT Intel guaranteed.

    • @lexron1
      @lexron1 2 месяца назад

      @@withgrowinginsanity198 I'm a helpdesk analyst. It will soon be over for me 😂

  • @LamGorYun
    @LamGorYun 2 месяца назад

    maybe stop selling defective products

  • @Unclesam404
    @Unclesam404 2 месяца назад +1

    INTEL
    IS
    DESTROYED
    BY
    AMD

    • @iLegionaire3755
      @iLegionaire3755 2 месяца назад +1

      Incorrect. AMD didn't have to do anything. Intel was destroyed by Intel, and Intel alone in 2024.

  • @Richard-s7m
    @Richard-s7m 2 месяца назад

    Ramondo act, sanction China this , sanction China that,coming back to bite on Ramondo's bum.