Will more funding be needed to keep Intel competitive?

On 1 August 2024, Intel announced financial results for the second quarter of 2024. They weren’t pretty; the company’s stock dropped more than 25 percent as it announced an aggressive plan to cut costs, including layoffs that will impact 15 percent of its entire workforce.

  • NicePool@lemmy.world
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    20 days ago

    Would more funding stop them from making defective product lines? No, it wouldn’t.

    Further, as someone who ran a 2500k for nearly a decade and well-remembering the sandy bridge debacle only to see their 13/14xxx chips be garbage I have zero faith in Intel and will only be buying AMD chips from here on.

    Icing on the cake, I don’t need a space-heater in my office which is what most modern top end Intel CPUs are. AMD hits the performance while not toppling my PSU or my AC. So, no… who’d bother with a broken chip/heater when alternatives are so much better.

    Have a nice day!

    • CheeseNoodle@lemmy.world
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      19 days ago

      Nah we want Intel to live so that AMD still has real competition, same reason I’m in favour of Intel getting into the GPU market.