Intel Stock Swandives 25% in Friday Trading Spooked by Quarterly Results

[Easo]

I am fascinated by the people who think Intel will die from this, or will be allowed to. Like, seriously, people?
Uncle Sam as the most obvious intervention path...

 

[Am*]

Brian Krzanich
He thought, that AMD is no more competition, and focused on high dividends and R&D cuts. Then not only AMD managed to reinvent itself, but also TSMC and ARM became even harder competitor. Also he abandoned GPU and now they are years behind nVidia and AMD while GPU is more profitable than CPU.
Then he faked an affair with employee and resigned. then there was Bob swan, having no clue what to do. And 5N4Y is simply too little too late.
This is a great lessons for investors. When a CEO focuses on high dividends and sacrifice R&D it will cause shares to go up in a short term, but then they will collapse.

Don't forget Paul Otellini too. He was approached first by Apple to create a chip for the iPhone and turned it down because he thought it was too much of a small time project for Intel. Qualcomm and Samsung probably wouldn't exist in the mobile market if Intel had taken that deal and Intel would've been a company several times larger than what it is today. Strike 1.

Once the iPhone proved to be a hit, Intel started working on a low power comparable chip for phones and spent tens of billions on the project -- but they were so afraid of cannibalising their own much higher margin desktop/laptop processors with their mobile offerings, they refused to fund the project sufficiently for it to be a success or release what they had around 2008 (when they would've compared favourably to their competition in the mobile space). This was on par with Kodak refusing to release the digital camera in fears of cannibalising their film business. Intel resurrected the project about half a decade later and their mobile processors were by this point way too slow, inefficient and too far behind the competition. That's strike 2.

Finally, he also canned Intel's Larrabee/discrete GPU project -- which was the right time for them to enter the discrete GPU market (as Intel were riding high on their success at this time, with AMD completely failing with Bulldozer) -- and launching it with their resources available at that time would've by now put them on par against AMD and Nvidia in the discrete and integrated GPU market (they re-used a lot of designs, concepts and tech from that GPU in their current Arc GPUs today. They didn't bother and therefore missed out on the crypto bubbles and the HPC discrete GPU markets that AMD and Nvidia profited handsomely from.

Intel have fumbled too many times to count and fully deserve their current place in the market today.

 

[trparky]

I am fascinated by the people who think Intel will die from this, or will be allowed to. Like, seriously, people?
Uncle Sam as the most obvious intervention path...

I don't want Intel to die either. I just want them to see them with a black eye and a missing front tooth.

I also want them to learn from this mistake they made. They have got to learn that when it comes to research and development and innovation, you cannot take your foot off the gas pedal. You have to keep that gas pedal floored or your competition will do it for you. (See Apple, nVidia, and AMD) They were king of the hill for way too long and thus they thought that they could take their foot off the gas. *buzzer sound* Wrong answer!

 

[remixedcat]

We need true laptops like my Dell XPS Gen 1 (Inspiron 9100), that Text Book Sized unit kept a P4 Gallatin Core (Northwoord Extreme) 3.4, 2G DDR, 7200RPM 100GB Hitachi HDD, ATi Mobility Radeon 9800 (Desktop 9700 Pro/9800 R423) GPU cool and heck the GPU was Overclocked, this was in 2004!

A Thicker Hefty Clevo built like the XPS Gen 1 Chassis but modular would be a Good Idea

Spoiler: RT Sucks!

Ray tracing was an idea in 2004 that supposedly was going to revolutionize graphics, it's a steaming pile of horse poop today and nothing but a stupid gimmick.

Then again only a fool is parted with their money quickly.

I remember those those were tanks! my hubby uses a dell latitude E6430 as his dev laptop and it's socketed I think and it's built so nice as well.

 

[eidairaman1]

I remember those those were tanks! my hubby uses a dell latitude E6430 as his dev laptop and it's socketed I think and it's built so nice as well.

Yes they were 15 inch screens at the time, had good loud audio with a subwoofer, never overheated. It went with me overseas in 2005 as my PC. My GPU in it was overclocked, you can't do that in today's garbage...

 

[Vya Domus]

Intel has been showing an immense amount of incompetence in the last decade, classic case of giant corporation having a monopoly on an industry and then letting every single one of their advantages slip away.

Everyone went fabless, Intel didn't, used to be an advantage but now they're spending god knows how much on R&D and they can no longer compete with TSMC anyway and they never will.
Giant stockpile of cash wasted on useless acquisition sprees, lots of tech giants are guilty of this but even when these acquisitions were relevant (AI/GPU) they still failed to make a dent in those markets.
Slowly screwing up their data center side of the bushiness, even to this day they don't have a proper response to AMD's Epyc top of the line offerings which literally get you double the cores for the same price, totally inexcusable.

No wonder stock holders are unhappy.

Did they? Must've missed that, any reviews highlighting that especially the latter?

They didn't, best case scenario for Intel is that they barely match a 7700XT in RT.

 

[Colddecked]

Are they years behind? Sure, Intel does not have any high end GPUs, but they managed to beat AMD in ray tracing performance and upscaling quality on their first try.

They're years behind on drivers alone.

 

[remixedcat]

More drama:

I think all the OEMs need to drop em like a hot potato and intel needs to reap what they sow! I just watched this and holy crapola! Intel is weak af and pat needs to be taken out back...

Intel has been showing an immense amount of incompetence in the last decade, classic case of giant corporation having a monopoly on an industry and then letting every single one of their advantages slip away.

Everyone went fabless, Intel didn't, used to be an advantage but now they're spending god knows how much on R&D and they can no longer compete with TSMC anyway and they never will.
Giant stockpile of cash wasted on useless acquisition sprees, lots of tech giants are guilty of this but even when these acquisitions were relevant (AI/GPU) they still failed to make a dent in those markets.
Slowly screwing up their data center side of the bushiness, even to this day they don't have a proper response to AMD's Epyc top of the line offerings which literally get you double the cores for the same price, totally inexcusable.

No wonder stock holders are unhappy.



They didn't, best case scenario for Intel is that they barely match a 7700XT in RT.

ARC graphics was the biggest money pit for them... why bother doing that when we have amd/nvidia gpus that are allready solidified in the market!?

Also Intel pissed a lot of money into SD-WAN and a buncha SaaS companies and networking companies they aren't even going to use.

 

[trparky]

Rumor has it that when Jim Keller was at Intel, he was supposed to be there a lot longer than the two years that he had been there. He was chased away by internal fighting, backstabbing, and sabotage from other internal groups. He eventually said “f*** this” and left leaving Intel holding the bag with a project only a quarter of the way done.

Intel couldn’t get out of their own damn way to let Jim do his magic and now they’re suffering for it.

 

[mechtech]

"Stock Swandives"

Intel CEO Bob Swan to Step Down, Replaced by Pat Gelsinger

Singing the Swan song

www.tomshardware.com

Shouldn't that be Gelsingerdives???

 

[remixedcat]

"Stock Swandives"

Intel CEO Bob Swan to Step Down, Replaced by Pat Gelsinger

Singing the Swan song

www.tomshardware.com

Shouldn't that be Gelsingerdives???

Stocks got a PATdown