Intel Shares Fall by Most Since at Least 1982

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  • Опубликовано: 8 сен 2024
  • Intel shares suffered their largest decline in over 40 years after the company gave a grim growth forecast and laid out plans to slash 15,000 jobs, signaling that the chipmaker is ill-equipped to compete in the artificial intelligence era. Bernstein Research Senior Analyst Stacy Rasgon joins Ed Ludlow on "Bloomberg Technology."
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Комментарии • 121

  • @utente_relax5117
    @utente_relax5117 Месяц назад +41

    Poor Grandma.

  • @richardm450
    @richardm450 Месяц назад +13

    The salaries of Intel’s CEO and top management should be reduced. Firing employees due to the CEO's incompetence is unfair. Maximizing shareholder profits often leads to lower quality, reduced innovation, and decreased safety. There are no safeguards against this lack of accountability.

  • @ZakiSalem-zh5gr
    @ZakiSalem-zh5gr Месяц назад +15

    Perfect example of poor leadership! They have been around since 1968 and still can't update their business model to keep up

    • @Russo2024Zir
      @Russo2024Zir Месяц назад +1

      If a publicly traded company chooses to outsource to cut cost, start with outsourcing the CEO job.

  • @VegasVaron
    @VegasVaron Месяц назад +16

    Cash doesn’t matter if Intel can’t sell their products.

    • @seymorefact4333
      @seymorefact4333 Месяц назад

      When China STOPS BUYING CHIPS due to USA regime sanctions....and Huawei, SMIC, etc will advance. INTEL AND OTHERS WILL HAVE LESS MONEY FOR FUTURE RESEARCH. Intel, Apollo, TSMC will DISAPPEAR!

  • @dutchryans3363
    @dutchryans3363 Месяц назад +12

    This what happened when senior management failed to understand how to run a business and allow to allowed EDI and ESG in their process.

  • @AlexNomadHuang
    @AlexNomadHuang Месяц назад +19

    Question from Taiwan: Why can this company get the biggest share of the subsidy from the Chips Act? and plan to lay off 15% employees?

    • @ricnyc2759
      @ricnyc2759 Месяц назад

      Go back to your place and behave yourself. Stop asking questions.

    • @vlhc4642
      @vlhc4642 Месяц назад +1

      That's like asking a dog why he doesn't get to eat at its owner's table.

    • @AlexNomadHuang
      @AlexNomadHuang Месяц назад

      @@smmasongt so Intel’s goal of remaining USA employees ???

    • @BTC_moisture
      @BTC_moisture Месяц назад

      TSMC is contributing to inflation by endlessly raising prices, and China is continuously stealing semiconductor technology from Taiwan. The United States accepts semiconductors as a security issue, but Taiwan is not showing a clear stance. As a result, it is beneficial for the United States to reduce its dependence on Asia for semiconductor technology, so it is reasonable for the United States to support semiconductor production companies headquartered in the United States. From what I heard, more than 1/3 of Taiwan's population is pro-China.

    • @AlexNomadHuang
      @AlexNomadHuang Месяц назад +1

      @@smmasongt Intel's goal is not to go bankrupt....
      then what is the Chips Act's goal? not to let Intel go bankrupt?

  • @diamondlion47
    @diamondlion47 Месяц назад +14

    Perfect time to buy AMD

  • @lou7139
    @lou7139 Месяц назад +1

    Intel in the 90s was so awesome. Still remember the bunny suit disco commercials fondly. Sad to see a tech giant like this falter and decline destroyed from within by internal politicking and bureaucracy.

  • @egordonliddy697
    @egordonliddy697 Месяц назад +1

    Having your engineers work 12 hours a day in the AZ heat doesnt help either.

    • @katieadams5860
      @katieadams5860 8 дней назад

      Wow I didn't know that they had to do that. I'm an intel Employee in CA, and we don't have that problem. I've heard the same thing in Oregon and there was even a unionization attempt there

  • @supriadiramlan5545
    @supriadiramlan5545 Месяц назад +2

    amd user since k6, but i worried abt Intel
    we need intel for competition
    like we need AMD 2001 to 2017 era
    no competition will be very bad for consumer
    but intel kept making bad decision after bad decision

  • @MrkRRos2012
    @MrkRRos2012 Месяц назад +2

    Eye off the ball

  • @0monroy
    @0monroy Месяц назад +3

    This doesn't make sense; taxpayers granted them 6 billion dollars for a new fabrication, but now they're divesting multi-billion dollar partnership fabs. Without a GPU play, this was a mistake.

    • @masterofnone597
      @masterofnone597 Месяц назад

      6B$ dont even cover the cement they pouring,

    • @supriadiramlan5545
      @supriadiramlan5545 Месяц назад

      they bleed in gpu bro
      i not sure how lonng they can sustain that bleeed
      this stage similar like when amd buy ati, the diffrence is Intel much bigger company than amd that time
      so the reserve much bigger

  • @DunDun-Oh
    @DunDun-Oh Месяц назад

    What I am seeing is finally reality and market sentiment catching to them. It's been on the writing long coming, perhaps even delayed a couple of times, which just made things way worse

  • @anonymousunionsoldier
    @anonymousunionsoldier Месяц назад +1

    Intel is too big to fail. Chips Act funding cemented that.

    • @Freedom_from_imp
      @Freedom_from_imp Месяц назад

      Can't keep on subsidizing the chip industry with usa taxpayer's money. This will only encourage companies to be less competitive and keep on relying on free money to stay afloat.

  • @DunDun-Oh
    @DunDun-Oh Месяц назад

    What I am seeing is finally reality and market sentiment catching to them. It's been on the writing long coming, perhaps even delayed a couple of times, which just made things way worse. Measures and changes, more drastic changes should have been taken long ago
    Glad it finally caught up even if delayed

  • @slap99
    @slap99 Месяц назад +2

    This man told us to buy Nvidia at 125 because it cheap.

    • @RotaxXS
      @RotaxXS Месяц назад

      Yeah. He’s a jackass.

  • @ha8290
    @ha8290 Месяц назад

    Intel needs to make one simple adjustment: produce chips that are competitive and people want to buy, and while at it fix the manufacturing.

  • @urvasidugana8875
    @urvasidugana8875 29 дней назад +1

    Applied materials,tata electronics video s please

  • @StockPax
    @StockPax Месяц назад

    In 2021 company had Annual $79B Revenue & $19B Net income, in 2024 Rev $54B and Net income $1.69B. In 2021 year company had annual $38B Debit and $9B cash now $49B debit and Negative -$14B cash. It's not first time INTC dropped like this multi time in past

  • @MrJsv650
    @MrJsv650 Месяц назад

    The chips act was a total setup,congrats. The next general givernment motors

  • @Lewis-dq2xb
    @Lewis-dq2xb Месяц назад

    They must mean in 2010 not 1982 "one of the safest blue-chip stocks" lol ok

  • @Squig96
    @Squig96 Месяц назад +4

    I put 700k from my grandmas inheritance into this stock 2 days ago, Im sure it will turn around.

  • @jointy
    @jointy Месяц назад +3

    I bought loads at 21. Like Xmas morning. People can't see past one quarter, and speak like they know what it takes to build fabs and chip leadership. #bull

    • @untouchable360x
      @untouchable360x Месяц назад

      You can't see past 5 years. Intel can't compete in mobile, AI, manufacturing, etc. Apple ditched them a few years ago for ARM. Microsoft is ditching them with Qualcomm CPUs. They have no business model left.

    • @Random-Stranger
      @Random-Stranger Месяц назад

      > chip leadership
      LOL 😄
      LMAO even 🤣

    • @jointy
      @jointy Месяц назад

      @@untouchable360x so they ditching AMD then too, but I bet you don't feel the same about AMD. Xmas morning, I bought loads.

  • @bliglum
    @bliglum Месяц назад

    Buy the dip, or is Intel dying?
    The latter seems unthinkable.

  • @rosetzu_nagasawa
    @rosetzu_nagasawa Месяц назад +2

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

    • @vlhc4642
      @vlhc4642 Месяц назад +2

      Intel just f*ed up their 7nm generation while SMIC is already past 7nm, lol

    • @rosetzu_nagasawa
      @rosetzu_nagasawa Месяц назад

      @@vlhc4642 INTEL just took delivery of ASML latest and pricest machine...they are just going to die standing

  • @johnm2991
    @johnm2991 Месяц назад +1

    Appears that Intel has a higher degree of viability being acquired by another technology company, rather than remaining a standalone business. Too much business model erosion accelerating at a torrid pace. Gotta read the tea leaves in real time. 💯🎯

  • @richardlionheart4856
    @richardlionheart4856 Месяц назад +1

    Yeah, they lost all the moat they had, intel is been esting by everyone, MAGS7, Qualcom, ARM tec., u name it

    • @diamondlion47
      @diamondlion47 Месяц назад +1

      AMD, Lisa's been bleeding them dry for years. Intel's been forced to give away chips they are so uncompetitive with AMD

  • @MrkRRos2012
    @MrkRRos2012 Месяц назад +2

    Losing team

  • @supplychainanalytics9114
    @supplychainanalytics9114 Месяц назад +2

    Intel has been sucking since the early 2000's when they played bad with competition. AMD was going to capture intel if it werent for their dirty tricks (Bribing Dell, Forcing Asus to produce AMD's Althlon mothersboards in brown boxes and ASUS then denying that it was theirs, Denying parts to anyone who made AMD hardware. Their strategic mistakes from the Pentium 4 Clock speed, Itanium trying to kill x86, losing their way even when they had the lead, changing out chipsets and forcing users to upgrade memory and everything else etc, Rambus faisco, back in the days when AMD was in talks to buy NVDA (and they eventually bought ATI).
    Their days have been numbered for a long long time. Wall St propped them up even quarter after quarter, year after year. Honestly i think they ill die (less the chip fab business).
    You will end up with NPU type products from AMD, Qualicom, NVDA etc. There will be no room for Intel CPUs.

    • @soulg1969
      @soulg1969 Месяц назад

      Companies have karma just like people and countries have karma.

    • @soulg1969
      @soulg1969 Месяц назад

      en.wikipedia.org/wiki/Advanced_Micro_Devices,_Inc._v._Intel_Corp.

  • @Agent77X
    @Agent77X Месяц назад +1

    Intel BOD has pick another looser as CEO in a long line of CEOs like Pat Gelsinger!😮

  • @egordonliddy697
    @egordonliddy697 Месяц назад

    Buy Intel at $10

  • @hillbilly4333
    @hillbilly4333 Месяц назад

    Check the golf handicaps of management. Anything under 12 will explain this debacle.

  • @3thinking
    @3thinking Месяц назад +1

    Intel. Dead Inside.

  • @edwinyangtw
    @edwinyangtw Месяц назад

    Intel is good at chip design. They should focus on designing/innovating great chips instead of manufacturing chips.

  • @RaviRajPophale_ravi
    @RaviRajPophale_ravi 29 дней назад

    he's speaking anything he dont understand anything

  • @aerohk
    @aerohk Месяц назад

    will the CEO resign?

    • @RotaxXS
      @RotaxXS Месяц назад

      Hope not. Best thing to happen to Intel in 10 years.

  • @Agent77X
    @Agent77X Месяц назад

    Intel is outsourcing their latest Lunar Lake CPU to be manufactured!😮

    • @Freedom_from_imp
      @Freedom_from_imp Месяц назад

      I thought they were going to make them right here in AZ? Didn't the subsidies that were given to them have some sort of "make in usa" clause?

  • @gaseousclay6126
    @gaseousclay6126 Месяц назад +1

    Terrible company

    • @RotaxXS
      @RotaxXS Месяц назад

      You are a terrible intellectual.

  • @LamGorYun
    @LamGorYun Месяц назад

    over invested in defective cpus more like.

  • @Unclesam404
    @Unclesam404 Месяц назад +2

    If Amd can not win the gpu against nvda. How this junk chip company who has little expertise in GPU can get exposed to AI gpu ? 😂

    • @unknowned1113
      @unknowned1113 Месяц назад

      @@m4758406 AMD and Nvidia aren't going to give their designs to their fellow competitors.
      Unless Intel solely focuses on chip manufacturing.
      There's still Samsung and TSMC which are most likely moving to Japan in case a war breaks out.

  • @AlbertXuY
    @AlbertXuY Месяц назад +1

    The result of bandict Huawei. Microsoft will have the same day.

    • @seymorefact4333
      @seymorefact4333 Месяц назад

      When China STOPS BUYING CHIPS due to USA regime sanctions....and Huawei, SMIC, etc will advance. Intel, Apollo, TSMC will DISAPPEAR with NO MONEY from China for future R&D!

  • @Unclesam404
    @Unclesam404 Месяц назад +4

    Stacy is the worse semi analyst. He compared AMD’s ai gpu sales toward nvda’s rack system including gpu + motherboard , shintel cpu, interconnect. It’s very biased. Pls use Apple to Apple comparison.