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Intel collapsing? (lemmy.relayeasy.com)
submitted 1 year ago by to c/technology@lemmy.world
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Starting to see a lot of worried people as Intel descends downwards rapidly. Reminds me of Nokia how this is going...

https://www.youtube.com/watch?v=cXVQVbAFh6I

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[–] 8 points 1 year ago (2 children)

True. Hopefully Intel can work things out, but I don't think this strategy is it.

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  • [–] [S] 5 points 1 year ago (1 child)

    Losing cash hand over fist and basically screwing everyone over certainly isn't the way to do it...
    Having the main product you have been known for for like ever being so poor isn't it either

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  • [–] 4 points 1 year ago

    Investing money to catch up is the way to do it. The CEO before Gelsinger didn't invest in R&D, which is why they fell behind in the first place. When you're behind, you either need to spend crazy amounts of money to catch up, or sell off the fabs and become a design only firm, but they decided to take the government handouts and keep the fabs.

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