The chipmaker is reportedly cutting jobs as it faces down a gloomy earnings report and a growing product scandal.
    • rottingleaf@lemmy.worldEnglish
      0·
      1 month ago

      The good part is that the amd64 ISA is going to become less relevant if they go on like this. Maybe we’ll have those RISC-V PCs after all.

  • barsquid@lemmy.worldEnglish
    0·
    1 month ago

    Government handouts need to come with some extremely strict rules attached. Alas, our government has been purchased by capitalists, so it will continue to be free money but only for the people who need it least.

    • Randomgal@lemmy.caEnglish
      0·
      1 month ago

      They shouldn’t be handouts, they should be share purchases. You want Uncle Sam to deus ex machina your greedy ass? Sure, but Uncle Sam now owns 40% of the company.

      • barsquid@lemmy.worldEnglish
        0·
        1 month ago

        Fuck yeah! Their wealthy buddies would start bailing each other out if the alternative was the government buying the company at rock bottom and competing against everyone to build it back up.

      • TAG@lemmy.worldEnglish
        0·
        1 month ago

        I would go a step further and say that it should not be a stock purchase but partial nationalization. The government is not getting shares that will be sold later. The government is getting a right to appoint part of the board of directors. Every time the company issues a dividend, buys back stock, or engages in other activities to return value back to the shareholders, a proportional amount of money must be paid to the treasury. It only makes sense that if a company is so big that its failure is going to hurt society as a whole, it should be owned by society.

  • Lets_Eat_Grandma@lemm.eeEnglish
    0·
    1 month ago

    Guys, i’m sorry to say that 15 years of avoiding innovation because we were the market share leader has to end. We thought AMD was a joke after so many issues in the 00’s so we got complacent.

    So we have to can all of you marketers who are shitposting on our advertising “review” site and hire some R&D people. Maybe we can scalp some from AMD.

    Sincerely, Intel Executives