Intel Cancels Its Factories in Germany and Poland, Lays Off 24,000 Employees, and Brings Back Hyper‑Threading

Weirdest timeline, years ago people were getting worried about AMD bitting the dust, turns out Intel is the one being a mess these days...
 
I still remember the days when AMD was way behind Intel and at risk of never catching up again as parts of the CPU arms race. How things have changed... but yeah, it's not totally unexpected. Intel ignored investing in long-term development and treated their customers like crap.
 
Intel never competed. That becomes a problem when you find yourself with fierce competition.

Not the first company that falls due to this.
 
neocycle said:
Why? Just buy a macbook air.
Click to expand...
Confused Trailer Park Boys GIF
 
winjer said:
Intel pays dividends to it's shareholders.
Just a little over a year ago, Intel was still paying 1 Billion dollars per quarter to shareholders.
Money that was better spent investing in the company.
It was because shareholders wanted more and more money that Intel cut it's R&D to a single digit number, which then caused the company to be in the current sorry state.
Click to expand...

It has paid a 2-3% dividend, that's less than any other cash parking vehicle (high yield saving, CD, money market, tbill etc...)
 
Fun fact:
I've disabled Hyperthreading on my 9800X3D and 7800X3D.

No performance lost, but draws less power.

More people should look into that.

 
LiquidMetal14 said:
In theory you want this to work out as it is a good thing for the industry for healthy competition. But much like giving money to certain States in this country which blow it with stupid programs, I'm not sure if I have any trust and Intel to turn it around enough. You want some success but not just at a pity. You want good products that are efficient and competitive with the competition. They had the pole position for a long time. They got complacent and arrogant or whatever other statement you want to use.

AMD finally got their act together and they haven't looked back since. And I was willing to pay a premium for the best when intel was the best and AMD is no different for me. As long as AMD doesn't drop the ball then I will always be going to them for the performance and I said the same exact thing about Intel around 10 years ago. And I still say the same thing about Nvidia right now until enough mess ups happen and maybe some competition is at least there to sway people.
Click to expand...
AMD doesn't have any fabs. We are at the point where 80%+ modern node chips worldwide are produced by one single company.

That's sheer insanity and we really need to get any sort of competition going in both North America and Europe.

Imagine what happens if (more like when) Xi invades Taiwan.
 
Spyxos said:
They just can't go under. That would be a total disaster.
Click to expand...
They are a total disaster now, though. Companies, especially big ones, totally deserve to fucking die if they put out shit and being run by retards. So Intel suffering is one of the unfortunately very few examples of the "free market" actually working as intended. I wish this would happen to Google and Microsoft as well.
 
Hudo said:
They are a total disaster now, though. Companies, especially big ones, totally deserve to fucking die if they put out shit and being run by retards. So Intel suffering is one of the unfortunately very few examples of the "free market" actually working as intended. I wish this would happen to Google and Microsoft as well.
Click to expand...
Without competition in the CPU space, all players, whether PC or console, will suffer, and you don't want that. Yes, they're not doing well right now. But they should still be there so that AMD doesn't completely dominate the pc gaming market.
 
Sgt.Asher said:
Medical IT is stable too.
Click to expand...
:pie_thinking: Hmm, really now. I'm in retail IT, with company doing well despite lots of major retailers not doing so hot. I'm in a spot where it would be hard to replace me, but in 2 or 3 years? Probably not so much.

Scary since I'm still 17-ish years away from retirement. Probably will have to retire early/get laid off due to AI, and then just find something else to do until I die.
 
xrnzaaas said:
I still remember the days when AMD was way behind Intel and at risk of never catching up again as parts of the CPU arms race. How things have changed... but yeah, it's not totally unexpected. Intel ignored investing in long-term development and treated their customers like crap.
Click to expand...
That makes me think how far ahead intel would be if the kept up on R&D throughout the 2010's.
Diseased Yak said:
:pie_thinking: Hmm, really now. I'm in retail IT, with company doing well despite lots of major retailers not doing so hot. I'm in a spot where it would be hard to replace me, but in 2 or 3 years? Probably not so much.

Scary since I'm still 17-ish years away from retirement. Probably will have to retire early/get laid off due to AI, and then just find something else to do until I die.
Click to expand...
My step-mother (A bit older based on retirement time) has been working IT for our local hospitals for years now, moved pretty high up from experience alone (no comp sci degree). I haven't heard any rumblings about AI takeover, in fact she says they are always looking for people.
Obviously, this can change based on location, but it's not a bad idea to look at your hospitals.
 
I still don't understand how they fucked up so badly from the absolute summit they were at around the core2duo days. AMD was so far behind that we couldn't even dream about AMD climbing back to being competitive and now were here praying Intel doesn't go under just for the sake of competition. Honestly intels story is the only hope we have of Amd somehow ending up as serious competition for Nvidia but so far Nvidia doesn't seem to be slowing down any time soon and Amd is content feeding off its scraps than actually gaining ground.
 
StereoVsn said:
So… they are not going to invest in next gen node before acquiring customers… who aren't going to jump since Intel's new node tech is totally unproven.

That's totally not what got them into the current problems in the first place. 🤦🤦‍♀️🤦‍♂️
Click to expand...

More impatient morons that got spooked out of Gelsinger's long term positioning. Maybe it wouldn't have worked out, but this knee jerk reaction taking the company in a vastly different direction just means the powers that be think they see the writing on the wall and just want to chop up the company for parts and cash out. Not only will it take a miracle for them to dig out of this hole, but Intel has just shown everyone they are unpredictable and ready to bail at a moment's notice. I don't see how they can recover from this now.
 
None of this should be a surprise to anyone who dabbles in the stock market or keeps tab on news from the tech sector.

Even if your only source of info was NeoGAF, you'd still know, from a number of threads over the past few years, that Intel was going down hard.
 
Last edited:
Such a shame, I'll always have a soft spot for Intel CPUs after I built a gaming rig around the, IMO, the GOAT of gaming CPUs, the 9900K.
 
StereoVsn said:
AMD doesn't have any fabs. We are at the point where 80%+ modern node chips worldwide are produced by one single company.

That's sheer insanity and we really need to get any sort of competition going in both North America and Europe.

Imagine what happens if (more like when) Xi invades Taiwan.
Click to expand...
TSMC is investing heavily in North American manufacturing as a hedge

If China invades Taiwan, the 100% guaranteed result is that the TSMC fabs in Taiwan will mysteriously explode with all equipment destroyed

The US will then control all the world's advanced semiconductor manufacturing

This is why Chairman Xi better think twice about invading
 
winjer said:
We have to consider that a decade ago, Intel dominated the CPU market, process nodes, and the biggest maker of integrated graphics. A huge market share in servers and workstations, and a presence in SSDs, NUCs, Apple PCs, embedded systems, etc. They even had a presence in the console market during the original Xbox.
So having so many people, was justified. But then they started losing big chunks off market to AMD, Nvidia, ARM, TSMC, Apple, ARM, Qualcomm, etc. So now they have to cutdown.
It's a consequence of terrible management that lasted close to 2 decades. And it's the workers paying for it, not the former CEOs, not the shareholders.
Click to expand...
Complacency and seemingly refusing to evolve. I swore off AMD(back then, Radeon) when my X800 XT Platinum took a dump, now, here I am contemplating my next GPU being AMD while typing on a computer that has AMD MB and CPU. What a series of events.
 
Last edited:
If your foundry isn't comepetitive do an AMD get rid and use TSMC. I don't see a problem with that.
 
Last edited:
www.techpowerup.com

Intel Considering Spinning Off its Network and Edge Group

According to a report over at CRN, Intel is looking at spinning off its Network and Edge Group—also known as NEX—and is now looking for investors to take over the business unit. This is according to an internal memo that CRN has been privy to, and it was sent out by the Network and Edge Group...
www.techpowerup.com www.techpowerup.com

According to a report over at CRN, Intel is looking at spinning off its Network and Edge Group—also known as NEX—and is now looking for investors to take over the business unit. This is according to an internal memo that CRN has been privy to, and it was sent out by the Network and Edge Group lead, Sachin Katti, who has recently been promoted to Chief Technology and AI Officer at Intel. For those not familiar with the Network and Edge Group at Intel, this is the division that makes Intel's Ethernet chips and communications products, as technically it's no longer doing edge computing, since that business was merged with its Client Computing Group in September 2024.

It appears that Intel won't divest the group entirely, as the company "will remain an anchor investor in the new company." This would make sense, as it would allow Intel to continue to influence the direction of product development and still have direct access to the products the new entity will produce. Katti also wrote that this should help NEX "expand into new segments more effectively," whatever those might be, although it's unclear why Intel was unable to do this on its own. Katti continued the memo with "What we expect to change is our ability to operate with greater focus, speed and flexibility—all to better meet your needs," suggesting that Intel's customers have found other partners that better suit their requirements. Over the past few years, Intel has struggled with some of its recent 2.5 Gbps Ethernet products, as they've had several bugs that haven't been properly resolved in some cases, despite multiple hardware revisions. The company launched new 2.5 and 10 Gbps Ethernet products in the E610-series earlier this year, but there doesn't appear to have been much market uptake of the new products either. The question now is how many more business units Intel can shed, until there's nothing but the core CPU business left.
Click to expand...

Another division of Intel getting cut. Intel is being dismantled from the inside out.
 
www.techpowerup.com

Intel Foundry Services "Unsuccessful" at Attracting External Customers: 10-Q Filing

Intel in its latest 10-Q filing with the US SEC revealed that the company has been "unsuccessful to date" in attracting significant customers to its external foundry business. Traditionally dedicated to manufacturing Intel products, the company's foundry had over the years reorganized itself...
www.techpowerup.com www.techpowerup.com

Intel in its latest 10-Q filing with the US SEC revealed that the company has been "unsuccessful to date" in attracting significant customers to its external foundry business. Traditionally dedicated to manufacturing Intel products, the company's foundry had over the years reorganized itself into Intel Foundry Services, and opened its doors to manufacturing chips for external customers the way Samsung Electronics does. While Samsung's foundry manufactures SoCs, DRAM, and NAND flash products for itself, it's also been a contract manufacturer of cutting edge logic chips. For example, NVIDIA's GeForce "Ampere" GPUs were made on a Samsung 8 nm node. Intel was eying a similar future for its foundry, however, major chip designers seem less than enthusiastic.
Click to expand...

More bad news for Intel's foundry business.
 
I'm amazed anyone bought intel CPUs beyond Skylake ++++++ (Comet Lake) everything after that has been rubbish in one way or another
 
Skifi28 said:
The true goat was the 2500k.
Click to expand...

Ive still got a 2500K in one of my PCs, actually still runs and I sometimes for shits and giggles try running modern games on it.

It does surprisingly well all things considered.....till you start looking at the lows and realize that frametime graph will never be flat....even playing at 30 itll randomly drop frames.
The combination of architecture and memory kills this thing.
I do wonder what it could do using DDR4 or DDR5.



My new favorite CPU is my current 12400.....which honestly shouldnt even be in this PC anymore at this point, but with the games I play, ~90 with a flat frametime graph if a lock framerate is very possible so ive seen no reason to upgrade yet.



<----Played Spider-Man 2 with High RT......flat frametime graph?.......a bit of a stretch.
 
You must log in or register to reply here.

Similar threads

  • Locked
EA Cancels Titanfall game lays off Hundreds
1
211
Orpheus replied
Microsoft is laying off a 'couple thousand' more employees
News 
35
673
Blade2.0 replied
[Business Insider] Microsoft lays off employees in security, experiences and devices, sales, and gaming — separate from performance cuts
36
3K
damidu replied
Tomb Raider developer Crystal Dynamics lays off 17 employees 'to better align our current business needs and the studio's future success'
News 
28
2K
PeteBull replied
Intel is laying off over 15,000 employees and will stop all ‘non-essential work’
2 3 4
176
14K
winjer replied
Top Bottom