from Hacker News

Intel is expected to post its biggest loss on record

by carlycue on 4/26/23, 8:02 PM with 51 comments

• by brucethemoose2 on 4/26/23, 8:32 PM

  TBH this makes me want to buy some Intel.

  Seems like TSMC's days are number, so... is the entire western world just gonna accept a Samsung Foundry monopoly? Feels like Intel is Too Big to Fail (even if they keep falling behind their own timetables).

  Also it feels like a make-or-break moment for a lot of things like Gaudi, Xe, and the chiplet focus.

• by Mandatum on 4/26/23, 11:21 PM

  We're only just starting to see Arc mature, and their line is looking incredibly impressive given their success with optimizing Cyberpunk.

  On the CPU front though, it seems they're continuing to lag. I suspect they may have over-invested into GPU's when mining was booming, and the risk isn't paying off.

  They'll be back, but I don't see them being a major competitor for many more years outside of commodity and Enterprise business. Which, as a company, is a great place to be. But I really don't care.

• by carlycue on 4/26/23, 8:03 PM

  https://archive.ph/6kHRz

• by SilverBirch on 4/27/23, 9:24 AM

  This is why I don't invest in single stocks. It was clear back in 2015/16 that Intel was in quite a bit of trouble but their stock continued a really good run up. Even the board was clearly worried by 2018 and got rid of the CEO on a pretext. I've no real information of how they're doing internally now but they've clearly got some good people and put some better leadership in, but now their stock is languishing... I guess they've just got to white knuckle it through the next 5 years and hope they deliver.

• by mbgerring on 4/26/23, 11:22 PM

  Isn’t Intel also spending tons of money building out IFS? Does that also help account for the loss?

• by 1attice on 4/26/23, 8:25 PM

  re-shoring semiconductor industry

  - what was aimed for

  vs

  - how it's going

• by firstlink on 4/27/23, 4:47 PM

  Intel is a bad joke that just hasn't stopped moving yet.