> Our AI investments—including continued leadership of the AI PC category, our strong position with AI in data center I had a lot of hope that Pat Gelsinger be

> Our AI investments—including continued leadership of the AI PC category, our strong position with AI in data center I had a lot of hope that Pat Gelsinger being an engineer would lead Intel to a revival. But this is total delusion. Intel isn't even a remote player in AI. If they can't admit the dire situation that Intel is in, having missed the AI boat almost entirely and even managed to fall behind Apple somehow, they aren't going to find a way back. They have nothing to offer over Nvidia for AI. They have nothing to offer over TSMC when it comes to their fab aside from being a US based alternative (and taking billions from taxpayers). x86 has nothing new to offer; their insane moves with AVX have fragmented the platform terribly. It's not even easy to ship high performance x86 code these days. Looks like all this is, is an announcement that they're going to fire a lot of people soon to make their financials look good while the ship continues to sink.