News Intel delays Innovation event to 2025 amid layoffs and uncertainties

[Admin]

Intel postpones Innovation event for customers and analysts in September.

Intel delays Innovation event to 2025 amid layoffs and uncertainties : Read more

 

[endocine]

"Intel Innovation" lol

 

[DS426]

Why does Intel want to project so heavily that they are ready to go nowhere fast over a bad quarter and defective Raptor Lake chips? They REALLY don't understand this concept of rebuilding customer confidence. Got it, need to make cuts to R&D, fab construction, etc., but I'm still overwhelmingly feeling this sense of surprising shortsightedness. Anyone else with me on that?

The Pat G. train is like an emotional rollercoaster for the company.

 

[dalek1234]

...Anyone else with me on that?

...

Yep. Intel is really good lately at shooting itself in the foot, but perhaps it should aim at the head instead to put itself out of its own misery.

 

[bit_user]

Why does Intel want to project so heavily that they are ready to go nowhere fast over a bad quarter and defective Raptor Lake chips? They REALLY don't understand this concept of rebuilding customer confidence. Got it, need to make cuts to R&D, fab construction, etc., but I'm still overwhelmingly feeling this sense of surprising shortsightedness. Anyone else with me on that?

Except their finances are looking really bad. The fact that Pat suspended the dividend should tell you something. He could lose his job for doing that. It means Intel couldn't save enough money simply by cutting fat - they're down to the muscle and bone.

When you're having to make cuts that put future products and business strategy at risk, you don't waste money on anything with a questionable RoI.