Intel is expected to post its biggest loss on record

[brucethemoose2]

TBH this makes me want to buy some Intel.

Seems like TSMC's days are number, so... is the entire western world just gonna accept a Samsung Foundry monopoly? Feels like Intel is Too Big to Fail (even if they keep falling behind their own timetables).

Also it feels like a make-or-break moment for a lot of things like Gaudi, Xe, and the chiplet focus.

[7speter]

I don’t know if TSMC’s days are numbered, but at best they seem to be fumbling with their 3nm process and it kinda seems like Intel is hitting bottom as far as their process development woes are concerned. Theres an intel 7 refresh up next rumored at the end of the year for consumers, and then they will seemingly take their next swing at gpus with Battlemage and should be ready to release intel 4 consumer products next year. Imho, at least, they seem to have the most exciting stuff coming next year.

[Workaccount2]

The US government will backstop intel if need be. Losing the ability/access to manufacture high end silicon is near the top of national security concerns. We can't even do the cutting edge right now, and that's why the chips act was passed.

[ksec]

I am just worried if Stock price continue to fall, Pat may be forced out again by those stupid Board.

And if Pat is out, I won’t invest in Intel at all.

[v0idzer0]

generally agree but the anecdotal evidence I heard from a former employee about the internal dysfunction has scared me away. apparently everyone in a leadership position has a rudimentary understanding of the products they build and is chasing off all the talent like Jim Keller who are forced to deliver the bad news that they’ve made a mess they cannot easily clean up without abandoning current initiatives and starting anew with more knowledgeable leadership

[twelve40]

why are TSMC's days numbered?

[Mandatum]

We're only just starting to see Arc mature, and their line is looking incredibly impressive given their success with optimizing Cyberpunk.

On the CPU front though, it seems they're continuing to lag. I suspect they may have over-invested into GPU's when mining was booming, and the risk isn't paying off.

They'll be back, but I don't see them being a major competitor for many more years outside of commodity and Enterprise business. Which, as a company, is a great place to be. But I really don't care.

[porknubbins]

Aren’t 12th and 13th gen Intel CPUs going toe to toe with Ryzen 7000s and sometimes with more cores/$ (albeit some efficiency cores)? Thats what I see anyway, I heard AMD is winning over the server market but don’t follow too closely there.

[carlycue]

https://archive.ph/6kHRz

[SilverBirch]

This is why I don't invest in single stocks. It was clear back in 2015/16 that Intel was in quite a bit of trouble but their stock continued a really good run up. Even the board was clearly worried by 2018 and got rid of the CEO on a pretext. I've no real information of how they're doing internally now but they've clearly got some good people and put some better leadership in, but now their stock is languishing... I guess they've just got to white knuckle it through the next 5 years and hope they deliver.

[bfrog]

The market can be a lagging indicator in this case it seems.

[mbgerring]

Isn’t Intel also spending tons of money building out IFS? Does that also help account for the loss?

[1attice]

re-shoring semiconductor industry

- what was aimed for

vs

- how it's going

[darkteflon]

Absolutely no evidence to back this up, but if I were the Taiwanese government, I’d be making sure TSMC was slooow-walking their overseas expansion plans.

[firstlink]

Intel is a bad joke that just hasn't stopped moving yet.