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Intel announces 11% of workforce to be laid off over the next year!

Probably not the sole reason :) but haven't felt the need to upgrade my 3570K I bought back end of 2012, used to be every 2 years at most.
 
Vish Petrol said:
Maybe its related to them abandoning the tick-tock strategy
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The only alternative to tick-tock, is not tick-tock, which means the more work to be done for every new generation, not less.

Tablets were completely driven by their contra revenue strategy. IE They lost the court case for giving away chips to prevent companies using AMD, they have a new name for it and a slightly different way of making it work. They basically gave away chips for free to gain a foothold in the market share with the intention of establishing themselves as highly regarded before starting to charge for the chips and think all the companies will continue making products with their chips.

What actually happened was volume tanked, badly, though they managed to spin it as increased profit. Because profit on free chips is nothing, and profit on half the volume of small margin chips is some profit. But the volume will probably tank as more of the older product lines that started with free chips get replaced.


They've also apparently screwed up another LTE modem which they've struggled with in mobile. So where phone makers can take a Qualcomm, Apple, Samsung or Mediatek chip off the rack with integrated modem for cheaper smaller pcb and lower power usage, with Intel you've got to buy a second chip, a more complex pcb, higher power usage and all to use a more expensive and not as good Intel chip in your mobile in the first place. So wouldn't be surprised if big job losses were in the tablet/phone divisions and basically giving up on them.

Might be GPU division, see how their HPC cards are being received, they may have decided they aren't competitive and are canning that division.
 
One way to get get to 50/50 men/women by 2020 within your company is to hire another 90% more highly qualified, specialized staff. But the task is made much easier if you thin the numbers of the 'undesirable demographic' at the same time.

I expect lawsuits.

Edit: Quick search on the topic shows that others share my concerns:

http://venturebeat.com/2016/04/19/i...ty-commitment-even-with-12000-layoffs-coming/
 
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drunkenmaster said:
Might be GPU division, see how their HPC cards are being received, they may have decided they aren't competitive and are canning that division.
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They've still got servers and HPC wrapped up (not even considering accelerators) - 98% market share or so.

http://www.hpcwire.com/2016/04/19/intel-accelerates-shift-away-pcs-will-cut-12000-jobs/

Also they've finally got Knights Landing dev machines out the door so I wouldn't expect them to cut that division any time soon. (72-cores for those who haven't heard of these.)

http://www.hpcwire.com/2016/04/12/intel-debuts-knights-landing-developer-platform/
 
AMD figures now:

http://blogs.barrons.com/techtrader...rs-20-q1-beats-q2-view-rev-crushes-consensus/

Still a loss,but it seems figures are better than expected.

AMD Soars 22%: Q1 Beats, Q2 View Rev Crushes Consensus
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By Tiernan Ray

Chip maker Advanced Micro Devices (AMD) this afternoon reported Q1 revenue that topped analysts’ expectations, and a net loss that was better by a penny per share, and forecast revenue this quarter well above what the Street has been modeling, sending its shares surging in late trading.

Revenue in the three months ending in March declined to $832 million, yielding a net loss of 12 cents a share.

Analysts had been modeling $818 million and 13 cents a share.

On a GAAP basis, the company lost 14 cents a share.

Gross profit margin in the quarter was 32%, up 2 points from the prior quarter, which the company was primarily a result of “a richer product mix and the mix of revenue between business segments.”

CEO Lisa Su said that “Our strategy to build a strong business foundation and improve financial performance through delivering great products is beginning to show benefits.”

Added Su,

We continued to strengthen the performance of our Computing and Graphics business as our customers and partners show a growing preference for AMD. We are optimistic about our growth prospects in the second half of the year across our businesses based on new product introductions and design wins.

This quarter, the company sees revenue rising by 12% to 18% from last quarter, which would be $932 to $982, well above consensus for $890 million for the June quarter.

AMD shares are up 51 cents, or 20%, at $3.13.

Update: Shares keep adding to gains, now up 58 cents, or 22%, at $3.20.

Update 2: Digging through the release, AMD cites its “computing and graphics” division as having revenue of $460 million, which was down from $532 million a year earlier.

Its “enterprise, embedded and semi-custom” division saw sales fall to $372 million from $498 million a year earlier.
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I wonder what the 12% to 18% rise is from?? Too early for the PS4 Neo - is it Polaris??
 
joeyjojo said:
First paragraph says it was the good revenue numbers.
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12-18% rise is the 15% +/- 3% that they've estimated for Q2 revenue and yes, it will primarily be down to Polaris though Bristol Ridge ain't bad and might be part of it. Due to when Polaris is shipping for revenue and it would be expected much more volume would ship in Q3 than Q2, I would think Q3 will be forecast up as well.
 
This is what happens when you have a monopoly there just isn’t any more competition left. So you do not have to make the investment in the business or workers to the same degree that you use to. Advancement slows and then turns regressive. This is one of a number of reasons why Cpu`s performance will not be going anywhere for a good few years. You see this happening across a wide range of industries and business just look at the UK telecommunications fixed line and mobile business. BT`s monopoly just destroys investment.
 
shamus21 said:
This is what happens when you have a monopoly there just isn’t any more competition left. So you do not have to make the investment in the business or workers to the same degree that you use to. Advancement slows and then turns regressive. This is one of a number of reasons why Cpu`s performance will not be going anywhere for a good few years. You see this happening across a wide range of industries and business just look at the UK telecommunications fixed line and mobile business. BT`s monopoly just destroys investment.
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This!

And the same will happen with the GPU segment too should anything ever happen to AMD....

If that does happen then afaic, that will be the end of PC gaming as we know it and only the serious enthusiasts will stick with it.
 
Shame to hear so many people losing their jobs. I hope it doesn't mean that Intel will slow down on their CPU business. I need to upgrade my PC next year!
 
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