Layoffs are so the stock doesn't crater even more.

Sad thing is that AMD can't make that many more CPU's even if they wanted to because Intel has purchased up much of TMSC's production making their own chips.

Intel was always known for their FABs and not their CPU design.

StriderTR wrote on 2024-07-26, 18:32:

There is speculation by some that Intel took a gamble the silicon could handle it and did it to push the limits of whats achievable on that die in order to compete with Ryzen without having to put in much effort or cost. Of course, I have no idea what the real reason is, but if this is anywhere near true, then it's really backfired. Though, it does seem like something Intel would do. They command the largest market share and have topped AMD for many years until Ryzen came along. Many people think they got complaisant and, as it was said above, got cocky.

Intel:Raptor Lake::Boeing:737 Max

eta: ncmark got there before me

Hot take...

Intel in very precarious position because it booked a lot less profit in 2023 than in previous years and 2024 ain't looking good. It particularly doesn't want to have to restate it's financial for 2023 because of liabilities incurred therein, i.e. sold crappy chips. Also it cannot lean on anything from the CHIPs legislation, because it's not free money, it's tax incentives, and if their profit is wayyyy down, then no benefit. Then they have somewhat geopolitical concerns, with restrictions on tech transfer to China, and China wanting domestic CPU production and consumption up anyway, so buh bye that market, and China keeps making menacing gestures toward Taiwan, which will make them nervous about putting all their eggs in that basket.

Then another basket they're gonna be worried about are facilities located in Israel, not the most secure part of the world at the moment, it's on a knife edge balance for complete destabilisation and if that landslide starts their stuff could get wiped out either intentionally or as collateral damage. I believe there are up to six parties who could land a nuke in that area if things get sufficiently screwed up, so yeah another basket they don't want many eggs in.

I think they're gonna be going hat in hand to congress real soon, please sir, can we have some actual cash money, because core industry, national security, american jobs, blah blah.