babysandpiper@sopuli.xyz to News@lemmy.world · 4 months agoIntel CEO says it's "too late" for them to catch up with AI competition — reportedly claims Intel has fallen out of the "top 10 semiconductor companies" as the firm lays off thousands across the worldwww.tomshardware.comexternal-linkmessage-square37linkfedilinkarrow-up1202arrow-down11
arrow-up1201arrow-down1external-linkIntel CEO says it's "too late" for them to catch up with AI competition — reportedly claims Intel has fallen out of the "top 10 semiconductor companies" as the firm lays off thousands across the worldwww.tomshardware.combabysandpiper@sopuli.xyz to News@lemmy.world · 4 months agomessage-square37linkfedilink
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up33arrow-down1·4 months agoMight as well give up. What a pathetic ethos.
minus-squareStevelinkfedilinkEnglisharrow-up6·edit-24 months agoIt’s often a sound strategy. Quit while you’re behind, and refocus onto something you can do profitably. “Stop throwing good money after bad”, and all that.
minus-squareteawrecks@sopuli.xyzlinkfedilinkarrow-up6arrow-down1·4 months agoAnd yet it’s the first CEO Intel has had in years who is willing to acknowledge reality. Maybe they’re finally past their denial stage.
minus-squareredsand@lemmy.dbzer0.comBanned from communitylinkfedilinkEnglisharrow-up1·4 months agoThey are. This is sell off mode. Chapter 7/11 or a buy out are the only real options
Might as well give up.
What a pathetic ethos.
It’s often a sound strategy.
Quit while you’re behind, and refocus onto something you can do profitably. “Stop throwing good money after bad”, and all that.
And yet it’s the first CEO Intel has had in years who is willing to acknowledge reality. Maybe they’re finally past their denial stage.
They are. This is sell off mode. Chapter 7/11 or a buy out are the only real options