News Intel sells stake in Arm, estimated to raise $147 million as part of business turnaround

[Admin]

Intel sells its stake in Arm for an estimated $147 million, reduces stakes in some other companies after $1.6 billion lose in Q2 2024

Intel sells stake in Arm, estimated to raise $147 million as part of business turnaround : Read more

 

[Marlin1975]

Intel seems to be hard up for money right now.
I know they have some issues but every day its something new. Maybe things are worse than most think.

 

[MisterZ]

How can they be losing so much money? I thought they're the market leader by a large margin?

 

[tamalero]

How can they be losing so much money? I thought they're the market leader by a large margin?

Generally its overbloated management. But sure they will love to fire small workers who make everything run XD

 

[Blastomonas]

Small change. Why bother.. Pat probably earns more than this in bonuses.

 

[-Fran-]

Hey @bit_user, remember when I said the bean counters would start making dumb decisions?

Regards.

 

[bit_user]

Hey @bit_user, remember when I said the bean counters would start making dumb decisions?

What do you think might be the practical consequences of this decision?

 

[-Fran-]

What do you think might be the practical consequences of this decision?

Immediate ones? None, I'd say.

ARM has been on the decline, kind of, and they haven't been showing much in the spirit of improvement, I'd say. Didn't help Qualcomm botching the "Windows on ARM" launch to the degree they have, bringing with it a lot of the momentum ARM could have had in the space.

All the others, I'm not totally sure, but read like they could have been good long term investments. Still, short-term cash seems to have been the priority here.

As with all things, time will tell, but I'll stick to my "dumb decision" story.

Regards.

 

[thesyndrome]

Immediate ones? None, I'd say.

ARM has been on the decline, kind of, and they haven't been showing much in the spirit of improvement, I'd say. Didn't help Qualcomm botching the "Windows on ARM" launch to the degree they have, bringing with it a lot of the momentum ARM could have had in the space.

All the others, I'm not totally sure, but read like they could have been good long term investments. Still, short-term cash seems to have been the priority here.

As with all things, time will tell, but I'll stick to my "dumb decision" story.

Regards.

Was it a major botched release? The worst I heard was that the iGPU isn't detected by some games and programs, and that the x86 emulator made it run slower than native x86 for programs that haven't incorporated native ARM support.

I'm not saying you're wrong at all, I'm just curious what other problems it had, because I hadn't heard anything so bad that the release could be considered botched

 

[renz496]

How can they be losing so much money? I thought they're the market leader by a large margin?

Those fab are very expensive to maintain. One of the reason why AMD have to let go GF before.

 

[-Fran-]

Was it a major botched release? The worst I heard was that the iGPU isn't detected by some games and programs, and that the x86 emulator made it run slower than native x86 for programs that haven't incorporated native ARM support.

I'm not saying you're wrong at all, I'm just curious what other problems it had, because I hadn't heard anything so bad that the release could be considered botched

Wendell explained it better than me, for sure:

View: https://www.youtube.com/watch?v=qKRmYW1D0S0


Regards.

 

[dalek1234]

Intel seems to be hard up for money right now.
I know they have some issues but every day its something new. Maybe things are worse than most think.

Yes, things are worse than most think. It's a train-wreck in slow motion

 

[dalek1234]

How can they be losing so much money? I thought they're the market leader by a large margin?

Intel still earns a very large revenue, but after expenses are subtracted, they are losing money. Each quarter they are losing more and more than the previous one. Compared to AMD, Intel's business is very expensive to run.