Intel laying off over 15,000 workers, cuts 10 billion in costs

[ORDER_66]

Should I buy the dip

IDK.... i'm just postulating a theory doesnt make it true...

 

[StatUS]

Intel at a low point right now.

New AMD chips dropping this month while some of their flagship processors are in need of a recall. Plus this news.

Luckly for them they run the commercial sector.

 

[dakidblu]

They fukked up on the cpus real that shyt gonna cost em ALOT . They probably getting ahead of it.

 

[ORDER_66]

all that money and they got finessed...

 

[winb83]

This is the result of a company operating for many years with no major competition. They was putting out rebridged Skylake processors for multiple generations. At some point if there isn't real competition a business will stagnant and when disruption finally comes you get this. It's not in a business nature to do any more than they have to and the absence of competition means eventually they do the bare minimum.