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It's more like R&D is the lifeblood of a company like Intel. Intel is basically purely an R&D company, their entire future hinges on R&D. This is not typical of
by rowanG077 2y ago
It's more like R&D is the lifeblood of a company like Intel. Intel is basically purely an R&D company, their entire future hinges on R&D. This is not typical of other companies who can usually coast for years or even decades on existing product or may not even require R&D for new products. R&D should really be Intels major spend.
- Conan_Kudo 2y agoBut... Intel does coast on plenty of things and seems to remain market leader anyway?
- s1artibartfast 2y agoThey have been putting record funding into R&D for years, but it seems that simply throwing money at the problem isn't helping, so it makes sense that they would try something different. Their press statement essentially R&D is too bloated, dysfunctional, and disorganized in the current state to produce.
- rowanG077 2y agoThrowing money at any problem is ineffective by itself. Still throwing money at a problem is a prerequisite to get stuff solved. It may very well be true that Intel R&D teams are too bloated, dysfunctional and disorganized. But that is not solved with throwing less money at it. If anything doing that and nothing else just leaves with less teams that are too bloated, dysfunctional and disorganized.
- s1artibartfast 2y agoTheir R&D spend is 4x that of TSMC and 2X that of Nvidia. If they cut 20%, they will still have an obscene budget. If you read the press release the idea is to focus on their core competencies, like making good processors. That means laying off people that can't help with that goal.
- johnnyanmac 2y ago>If you read the press release the idea is to focus on their core competencies sure, the standard press response to layoffs. They'll be back to chasing AI in a year, despite more or less having already lost the race.
- s1artibartfast 2y agoAi is closer to their core competencies than half the shit they get up to. That said, if they keep failing to turn a profit, it wont matter.