Will more funding be needed to keep Intel competitive?

Will more funding be needed to keep Intel competitive?

On 1 August 2024, Intel announced financial results for the second quarter of 2024. They weren’t pretty; the company’s stock dropped more than 25 percent as it announced an aggressive plan to cut costs, including layoffs that will impact 15 percent of its entire workforce.

  • HakFoo@lemmy.sdf.orgEnglish
    9·
    3 months ago

    I suspect Intel has a broader product range than AMD to justify the headcount, but I’m not sure where the extra resources should go.

    Their networking chipsets were gold-standard in the 100M and Gigabit era, but their 2.5G stuff is spotty to the point Realtek is considered legit.

    They’ve pulled back from flash, SSDs and Optane.

    There must be some other rich product lines that they do and AMD doesn’t

    • GamingChairModel@lemmy.worldEnglish
      7·
      3 months ago

      AMD doesn’t have fabs, and contracts that work out to TSMC. Intel has fabs worldwide. That alone makes Intel a much more capital-intensive, labor-intensive business.