Friday, August 2nd 2024
Intel Stock Swandives 25% in Friday Trading Spooked by Quarterly Results
The Intel stock on NASDAQ slid 25% as of this writing, on Friday (08/02). This comes in the wake of the company's Q2-2024 quarterly results that held the company's profitability below expectations, leading the company to suspend quarterly dividend payouts starting Q4-2024, and engage a slew of measures to cut cost of revenue by over $10 billion. Among other things, this mainly involves downsizing the company across its various business units. Intel tried to keep investor spirits high by posting updates on how its 5N4Y (five silicon fabrication nodes in four years) plan is nearing completion, and how the company is at the cusp of raking in numbers from the AI PC upswing. To this effect, the company is launching its "Lunar Lake" and "Arrow Lake" processors within 2024, to address the various PC sub-segments. The Intel stock isn't churning in a silo, tech stock prices across the industry are witnessing corrections, although few as remarkable as Intel.
Source:
FT
188 Comments on Intel Stock Swandives 25% in Friday Trading Spooked by Quarterly Results
And contrary to your claims, they have addressed the intel issue multiple times on their podcast.
Puget themselves stated (when they made these announcements) that they use conservative settings in their BIOS, what reviews are you referring to?
I was talking about shop failure rates from larger retailers. There's a lot of other data out there you see. I even mentioned one to notice field failures for 13900K which you have seemed to glossed over.
A podcast is where you can hide things. A video specifically about a rumor, is what you do when you need to escalate that rumor to a fact.
Thanks for keep remind me to not reply to you even when you quote me.
I mean just think about what you said. Hub were NEUTRAL that's why they didn't cover the burning CPUs. :roll: :roll:
So they are neutral now too, that's why they don't cover the intel issues (which they are, but let's ignore that). There you go.
The whole thing about X3D lasted a week. AMD fixed it when it got in the news, so HUB and others didn't had to do much. Being more neutral means you don't feel the need to rush to make a video about it to throw the blame. You wait a few days and see what is happening and if it is fixable, before rushing to make a video about it.
Intel's problems are 2 years old as it seems. Things started heating up this year. Everyone is talking about how badly the situation is and how badly intel is reacting to it.
HUB is silent the last month that everyone is talking about it. Instead they rushed to do a video about "Zen 5 issues" based on a rumor immediately after that rumor got out. They didn't waited at all.
I don't expect you to publicly acknowledge the clear difference between the two situations. You NEVER do conversations here. You only try to pass your narrative and when you fail and most times you do, you just throw a laughing smile under the other's person reply. It's just what you do.
The hilarious thing is Puget claims they don't want to deflect the issue by bringing up AMD, yet they are obviously trying to do damage control for Intel.
If AMD cpu's failing was such a massive problem then it would be in the news. And a cpu having issues out of the box is much better than one having issues a few years later, having issues means either the company or someone doing a DIY system can get the cpu replaced right away, well maybe not if someone bought an Intel cpu lol.
Also Intel knew they were having issues 2 years ago, then quietly changed their reddit post to admitting they knew since 2022, so thats being very scummy of them not even being transparent on when the issues started to happen, so I doubt Intel didn't know of these Raptor lake failures. The handing of this whole situation has been atrocious yet you're still defending Intel while trying to insist AMD is somehow worse here when any issues they had were quickly resolved because AMD actually worked to get things fixed instead of trying to shift the blame while denying RMA's like Intel has been doing. That isn't what neutral is, being neutral means they would report objectively on issues from both team blue and team red, HUB rushed to make a video on AMD delaying the 9000 series with all kinds of theories on why they delayed, yet hasn't done any videos on the whole Intel 13th & 14th gen issues.
Please. Go and troll at wccftech. Taking someone's post and distorting it's meaning isn't an argument.
But according to your own argument, they haven't done a video cause they are neutral. You mean as an absolute number? Doesn't really matter, % is what matters. Yes, 13th and 14th gen fail at an increased rate compared to 12th. Still holding well below zen 3 and zen 4 though. So posting their data is damage control? They should have hidden the data is what you are suggesting? They don't have the marketshare Intel has, neither is everyone using the same settings as puget. You are taking Puget's numbers out of context. All PUGET is saying is that, as long as you are using the Intel and AMD default settings, Intel are less prone to fail than amd. If you are not using the default settings all bets are off. That sounds correct at first read - but.
Company A) 4% of their CPUs are failing within a day, 0.3% are failing the next 3 years
Company B) 1% of their CPUs are failing within a day, 1% fail in the next 3 years
You cannot possible suggest that company A has better quality controls cause their cpus fail much quicker. Failing much quicker is the opposite of good quality control.
And see, you are still spreading your missinformation about Intel denying RMAs. You are not here to argue the facts, you are here to shit on Intel. That's why im doing what im doing, specifically because of people like you. Yep, let keep making up stuff, why not.
Read again what I posted. Fix your reply without distorting what I posted already.
I have a hard time calling them anti-AMD when:
Insane Gaming Efficiency! AMD Ryzen 7 7800X3D Benchmark & Review (youtube.com)
And they have always tuned their ram at 6000 cl30 and disabled VBS/mem integrity, had to be basically bullied to run intel at a higher spec. Their AMD reviews are consistently more favorable than any other hardware review channel.
I certainly see ARM making issues for intel in the future when the windows devices finally get sorted out, but right now intel is still raking in billions in client sales. Leading up to this point is more the bureaucratic nightmare and complacency. Oh please. HU and Techspot have been accused of being Intel shills, AMD shills, nvidia shills, apple shills, android shills, ARM shills, the list goes on. :laugh::roll::laugh: They have a certain way of angering fanbois. :nutkick:
In reality: FSR sucks compared to DLSS. Unlike freesync, FSR is still nowhere near as competent or feature rich as DLSS, and nvidia is still actively investing in DLSS to a point that AMD cannot keep up. People onf orums actively complain about FSR's image quality. They did the same to DLSS, and nvidis worked on improving it. FSR has not improved anywhere near as fast, nor as well.
And the issue is most people are going to use the default settings, you keep ignoring the fact of even with changed settings intel cpus are still degrading, even Puget system admits it with higher than normal failure rates on 13th and 14th gen. Company A has better overall QA if less of their CPU's are failing over a longer period of time, its simple as that, no need to try gaslighting over Intel cpus literally killing themselves even when ran at the base spec that Intel had approved.
It isn't misinformation, its what several sites have reported on, Intel has been denying RMA's since 2023 according to Alderon Games and some other game companies, so Intel had to have known there was something wrong then.
When Intel denies RMA's and claims cpus are fake most people would stop there instead of fighting Intel trying to get out of fixing the problem, Intel isn't free from blame when their AI thing messes up. Maybe they should have people checking serial numbers instead, unless Intel fired most of their CS team responsible for handling RMA requests. It isn't making stuff up, you keep on denying it's happening lol.
Who said it will be boring and long 2 weeks for delaying Zen5 launch :D
It is a fact you angry anti intel / nvidia brigade are the vast majority and you skew content to cater to your needs, by blaming everyone that disagrees as being paid by Intel / nvidia. You and the other guy already done it twice in this thread alone. Just the last 2 days I've heard people saying Puget is being paid by Intel, adobe is being paid by intel, epic is being paid by intel, hub is being paid by intel, and it goes on and on. Company A that sells 3 times as many CPUs that fail doesn't have better quality control by the very definition of what quality control is. But again, just because it's amd on the losing side you won't acknowledge it. It's fine, im used to it, sure, 5% failure rate is better than 2%. Whatever floats your boat chief. Post those cases then. Go ahead
@AusWolf See you said on the other thread "of course Intel honors RMAs, who said they don't". Oh boy, plenty of people, trust me :D
They rushed to make a video about "Zen 5 having issues". They didn't hide that into a podcast or something. They did a video about it. They don't talk about Intel issues. Their last video was 1 month ago about it.
For one whole month they can only spot AMD's problems with their product naming, their benchmarks and.... Zen 5. Intel is fine.
Consider me shocked if they review Intel's patch first, have an exclusivity on that patch and come to the conclusion that "voltages are fine, everything seems to be fixed, extended warranty will cover you, all problems are in the rear mirror now".
In terms of this thread I am pretty sure Brian form Tech Yes City exposed Intel issues with 11th gen and now is not holding back on 14th gen. All I know is a 25%+ drop in stock price must have wreaked havoc on a bunch of Investment portfolios. Intel is a very popular stock to hold. I am sure there are those on media channels calling for a strong buy position on Intel.