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Intel losses hit $16.6B as restructuring efforts take a toll
(www.theregister.com)
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this post was submitted on 01 Nov 2024
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Isn't this just mostly clever accounting, burning intangible assets etc.
They'll make 10 bn a year by cutting jobs and be laughing. Note the share price rose as markets love redundancies.
I mean their new chips look like hot garbage so…not sure if they’re gonna have any good outcomes for a while
I hope AMD keep pushing to do things well, because right now the value proposition of anything with an Intel processor is more ridiculous than when Apple charges $300 for an extra 8GB of RAM. Their $600 processors currently offer performance on par with the entry-level Apple Silicon M4. Which is great news for Apple, but not for anyone who wants to use Linux or "the other Mainstream OS".