• @commander@lemmy.world
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    14 days ago

    Intel is so screwed, not because of Tan, he just got the job in March and is from what it seems to me trying to prevent bankruptcy caused by the heavy investment into being a fab while failing to attract customers by his predecessor. Predecessor may have a good idea but execution hasn’t gone well

    How can Intel succeed as a fab when their great hope is domestic support but your domestic government is hostile to you because of your CEO. It’s not Trump and cabinet and Congress that are constantly looking at their operating costs and prospects for high value customers.

    Intel is so screwed. They have a backseat driver pulling the hand brake and screaming out the window for a yes-man to run the company the way he wants. The backseat driver is the president of the country they’re based in whose background is inheriting his dad’s real estate business and parlaying that to become a media personality while real estate operations is run by capable people

    • 𝕱𝖎𝖗𝖊𝖜𝖎𝖙𝖈𝖍
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      14 days ago

      whose background is inheriting his dad’s real estate business and parlaying that to become a media personality while real estate operations is run by capable people

      Don’t forget sexual assault, child diddling, and sex trafficking minors to an island

    • Hegar
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      1114 days ago

      while real estate operations is run by capable people

      I don’t think that’s true, his real estate operations was just kept solvent by laundering russian mob money.

    • @vga@sopuli.xyz
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      14 days ago

      Some of their new chips are not bad. Lunar Lake laptops (like X1 Carbons and Asus Zenbooks) can give you quite long battery lifes and low temperatures. I’m almost not missing my Macbook anymore.

      As a company they’re not looking great though yea.

      • Pycorax
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        113 days ago

        Their Foveros tech is also really cool and from what I understand at least (I’m not a a professional in the industry though) it seems to give them an advantage over AMD for packaging.

    • @azimir@lemmy.ml
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      1214 days ago

      Consistency with their words nor actual morals are not features of a right wing party. Only power, money, and ownership of others are features to be expected.

  • circuitfarmer
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    4314 days ago

    The party of small government sure likes to put its meat gloves into corporate decisions lately

  • Optional
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    4214 days ago

    OR - hear me out now - Or trump could shut his grotesque sphincter mouth and waddle his plastic girdled high-heeled flatulent ass into some room where brain-slugged sycophants breathlessly await to rejoice at any demented, slurred neuronic misfire from his ancient twisted headsack.

    I mean, that would be better.

    • @pticrix@lemmy.ca
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      614 days ago

      It doesn’t even have to be a dick. I’d be happy if he choked on a McNugget, or something even softer and more on point. Maybe we find out he likes to taste pennies and oops one went through and blocked his respiratory tract. Anything would make me happy.

    • @UnderpantsWeevil@lemmy.world
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      14 days ago

      Tan literally just started as CEO, so it seems a bit premature to fire him for simply airing the company’s dirty laundry.

      Trump’s on his second lap around the Oval Office and, six months in, has already killed job growth and fouled the supply chain.

      One of these two maybe deserves a bit of benefit of the doubt.

  • Avid Amoeba
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    14 days ago

    While I’m not onboard the China-bad train, this surely looks bad from US’es national security perspective:

    In the years since, Walden has deepened its investment focus on China: from 2017-2020, the company made at least 25 investments in Chinese chip companies, “accounting for more than 40% of the Chinese semiconductor deals involving U.S. venture investors during that period”[14] while Tan, through Walden, “has invested in hundreds of Chinese tech firms, including at least eight with links to the People’s Liberation Army.”[15]

    From wiki.

    Of course Intel’s major shareholders wouldn’t be worried by that as they are mainly concerned with maximizing profit this quarter or next.

    But also Trump suggested a foreign firm taking over Intel. One with head office and facilities a short range missle away from China. 🤭

    What a shit show.

    • Pycorax
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      213 days ago

      Yea this is pretty damning. I’m not sure what the legal definition of treason is but it sure feels like it or at least adjacent. It’s absurd that this guy can commit these crimes and then hop to a different company with absolutely no repurcussions. The American jucidiary is a mess.

  • Devolution
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    414 days ago

    Trump just wants an incompetent white man running IBM into the ground. Just like they do everything else.

    • BigFig
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      214 days ago

      Intel*, IBM CEO is already a trump supporter

  • @Vanilla_PuddinFudge@infosec.pub
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    314 days ago

    Intel is DOOOOOOOOOMED

    It doesn’t matter what they do. Even if they put 110% into new manufacturing processes, they’d never catch up. Dump your stock and laugh at anyone buying it.