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Intel losses hit $16.6B as restructuring efforts take a toll (www.theregister.com)

submitted 3 weeks ago by misk@sopuli.xyz to c/technology@lemmy.world

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cross-posted from: https://lemmy.world/post/21503870

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[–] IcyToes@sh.itjust.works 19 points 2 weeks ago (2 children)

Isn't this just mostly clever accounting, burning intangible assets etc.

They'll make 10 bn a year by cutting jobs and be laughing. Note the share price rose as markets love redundancies.

[–] errer@lemmy.world 8 points 2 weeks ago (1 children)

I mean their new chips look like hot garbage so…not sure if they’re gonna have any good outcomes for a while

[–] Jrockwar 4 points 2 weeks ago

I hope AMD keep pushing to do things well, because right now the value proposition of anything with an Intel processor is more ridiculous than when Apple charges $300 for an extra 8GB of RAM. Their $600 processors currently offer performance on par with the entry-level Apple Silicon M4. Which is great news for Apple, but not for anyone who wants to use Linux or "the other Mainstream OS".