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Intel CEO Letter to Employees

submitted by fancy_+(OP) on 2025-07-24 20:52:41 | 292 points 549 comments
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64. mgol94+pa[view] [source] [discussion] 2025-07-24 21:43:01
>>cherry+X7
They were planning to receive $1.8bn of aid from Poland[0], not sure how much they actually received

[0] https://www.gov.pl/web/cyfryzacja/inwestycja-intela-w-polsce...

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85. Lammy+Hc[view] [source] [discussion] 2025-07-24 21:52:57
>>johnga+ec
Same as it ever was except they learned not to write it down lol https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
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89. ryandr+zd[view] [source] [discussion] 2025-07-24 21:58:35
>>whatev+78
It wouldn't be the first time an Intel CEO resorted to prayer[1] as their business implodes.

1: https://www.threads.com/@masiosare/post/C-SoS6qJbU6?hl=en

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91. readth+Sd[view] [source] [discussion] 2025-07-24 22:00:16
>>samrus+Xb
I think the true part of the rumor is that people misinterpreted a reporter reporting that the reporter did not use an apple mouse.

https://www.macrumors.com/2024/11/17/tim-cook-didnt-say-that...

93. herald+de[view] [source] 2025-07-24 22:02:49
>>fancy_+(OP)
Hyberbipeline is back :DDDDDD

https://imgur.com/a/dvUSgA3

Honestly, good. AMD is amazing for laptop/desktop and server now, but may flop like Intel did. Always good with competition. But I need a new CPU and right now AMD is king.

Phone only plebs need not apply.

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119. wslh+qh[view] [source] [discussion] 2025-07-24 22:24:39
>>readth+Xc
More here, Forbes 1989 article: https://adamsmitheconomics.wordpress.com/2010/05/02/how-do-y...

It seems like the author of this article requires another reference: https://en.wikipedia.org/wiki/Peter_Brimelow

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132. Dragon+ti[view] [source] [discussion] 2025-07-24 22:33:22
>>inetkn+yh
The Capital Order lays out an argument that austerity measures are ultimately labor suppression, not necessary. Of course, that’s true of many pieces of policy wisdom: they start from an assumed good. In this case, the assumed good is the current winners should remain the winners despite, well, losing.

https://www.amazon.com/Capital-Order-Economists-Invented-Aus...

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163. ac29+sm[view] [source] [discussion] 2025-07-24 23:02:08
>>lyngui+Je
> Intel headcount in 2022 was 131,900.

Not sure if you intentionally picked the all time high headcount, but you did.

Intel's headcount was relatively stable between 100-110k people between 2014 and 2021 [0]. So, getting down to 75k is definitely still a major reduction, but 2022 was also an outlier. A lot of companies overhired during Covid, and Intel particularly was the beneficiary of WFH pulling in a lot of corporate spending on laptops etc.

[0] https://morethanmoore.substack.com/p/intel-2025-q1-financial...

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167. kevmo+Mm[view] [source] [discussion] 2025-07-24 23:04:06
>>johnga+ec
It's not about fads. It's just collusion.

American markets have largely consolidated into oligopolies, where just a handful of very large companies operate. It's extremely easy for them to wink at each other and then raise prices/layoff workers, etc.

This is also being accelerated by the unregulated software market that lets the corporations hide behind algorithms, as we recently saw with realty. https://www.npr.org/2024/08/23/nx-s1-5087586/realpage-rent-l...

The end of ZIRP was the bat signal to corporate America to begin layoffs.

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175. Beetle+Fn[view] [source] [discussion] 2025-07-24 23:09:41
>>wbeckl+4k
For those downvoting:

https://en.wikipedia.org/wiki/Flip-flop_(electronics)

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190. tester+vp[view] [source] [discussion] 2025-07-24 23:22:36
>>sgjohn+po
What is the energy efficiency difference between x86 and ARM expressed as %?

<1%? 1%? 2%?

https://chipsandcheese.com/p/arm-or-x86-isa-doesnt-matter

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191. devinp+wp[view] [source] [discussion] 2025-07-24 23:22:39
>>wahnfr+Nh
That's basically what the founders of Intel did, when they left Shockley to start Fairchild: https://en.m.wikipedia.org/wiki/Traitorous_eight
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254. astran+1y[view] [source] [discussion] 2025-07-25 00:34:33
>>wmf+aq
They're also not that different because the latest x86 extension turns it into arm64.

https://www.intel.com/content/www/us/en/developer/articles/t...

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287. lotsof+EC[view] [source] [discussion] 2025-07-25 01:12:55
>>TylerE+qy
The Board of Directors does that, not “Wall Street”.

Many other companies “Wall Street” trades shares in did not have a problem with setting long term goals for compensation, why did Intel?

Why would Wall St want Intel’s market cap graph to look like this:

https://companiesmarketcap.com/intel/marketcap/

Rather than this:

https://companiesmarketcap.com/tsmc/marketcap/

https://companiesmarketcap.com/nvidia/marketcap/

https://companiesmarketcap.com/apple/marketcap/

https://companiesmarketcap.com/qualcomm/marketcap/

It makes no sense to scapegoat Wall Street, when the SP500 was a rocketship (does Wall Street not get the blame for that, if they are apparently responsible for Intel’s demise?)

296. cubefo+kF[view] [source] 2025-07-25 01:42:11
>>fancy_+(OP)
Related breaking news, Intel openly contemplates exiting further cutting edge node development:

> "If we are unable to secure a significant external customer and meet important customer milestones for Intel 14A, we face the prospect that it will not be economical to develop and manufacture Intel 14A and successor leading-edge nodes on a go-forward basis," a statement by Intel in a 10Q filing with the SEC reads. "In such event, we may pause or discontinue our pursuit of Intel 14A and successor nodes and various of our manufacturing expansion projects."

https://www.tomshardware.com/tech-industry/semiconductors/in...

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301. dcasse+aH[view] [source] [discussion] 2025-07-25 02:00:01
>>Admira+s7
True except for their GMA500 graphics [1]

[1] https://community.intel.com/t5/Graphics/Very-poor-Linux-supp...

Disclaimer: I own a netbook and spent a very long time researching getting it to work with Linux

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358. rippel+ST[view] [source] [discussion] 2025-07-25 03:53:04
>>johnga+ec
Here's one possible reason for layoffs: https://qz.com/tech-layoffs-tax-code-trump-section-174-resea...
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446. lotsof+6m1[view] [source] [discussion] 2025-07-25 09:10:32
>>sitkac+3Z
From wikipedia:

> On June 27, 2006, the sale of Intel's XScale PXA mobile processor assets was announced. Intel agreed to sell the XScale PXA business to Marvell Technology Group for an estimated $600 million in cash and the assumption of unspecified liabilities. The move was intended to permit Intel to focus its resources on its core x86 and server businesses.

So they got out of the world’s biggest new market 1 year before iphone came out.

https://www.reuters.com/technology/rise-decline-intel-2024-1...

> 2007 - Apple launches the iPhone, helping kick off a mobile phone boom that Intel mostly missed. Under CEO Paul Otellini, Intel turned down a deal to make iPhone processors because it did not stand to profit enough from the arrangement. Instead, Apple used chips based on designs from Arm Holdings , whose tech now dominates the mobile market.

The leaders from 20 years ago made the bed that Intel now has to sleep in.

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468. DebtDe+hB1[view] [source] [discussion] 2025-07-25 11:52:42
>>alecco+Ae1
Notice how they stopped talking about this after the election?

But yes, together, the Big 3 are the single largest shareholder in 88% of SP500 companies.

https://www.cambridge.org/core/journals/business-and-politic...

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