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Intel is circling the drain. At this point I'm of the opinion that the sooner it dies the better. Its death will probably result in a lot of spin-offs and start
by enraged_camel 1y ago
Intel is circling the drain. At this point I'm of the opinion that the sooner it dies the better. Its death will probably result in a lot of spin-offs and startups, which might be what the US chip industry needs.
- duped 1y agoThe federal government won't let Intel fail.
- Mistletoe 1y agoMaybe this is why they and Boeing are such a mess. The rich kid that can’t fail usually is a total screwup.
- rwmj 1y agoThe failson theory of business. Someone should write a book.
- scheeseman486 1y agoThey may let them get bought, though.
- colin_mccabe 1y agoIt’s hard to argue that Intel is critical to national security when we have TSMC making chips in the US now.
- sshtml 1y agoThey've already spun off their RealSense camera/sensor product line.
- mullingitover 1y agoIt'll never happen. It's the standard US playbook: - Allow industry to consolidate to a tiny group of winners, or just one winner - Turn a blind eye to anticompetitive behavior in the marketplace - Protect the uncompetitive winner from innovative global competitors - Bail it out because national security depends on it It's funny because we don't have socialism, government doesn't 'own' heavy industries, but at the same time the major firms will obviously never be allowed to fail on national security grounds.
- curious_cat_163 1y agoThat's an interesting way to look at it. Aren't layoffs a version of that? Are we seeing any evidence that folks who have been let go from Intel have resulted in spin-offs and startups? I know at least one person who went to work at Nvidia from Intel but that is neither of those things.
- baq 1y agoalready started happening in Oregon, which will probably be hit the hardest.