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Their 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 t
by s1artibartfast 2y ago
Their 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.