this post was submitted on 05 Aug 2024
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Stock Markrule (files.catbox.moe)
submitted 2 months ago* (last edited 2 months ago) by nicknonya@lemmy.blahaj.zone to c/196@lemmy.blahaj.zone
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[–] NegativeInf@lemmy.world 72 points 2 months ago (1 children)

His solution to the sell off is mass layoffs, stock buybacks, and r&d cuts.

You know, stuff you need the most when trying to save your business from itself.

[–] frezik@midwest.social 29 points 2 months ago (1 children)

A while back, I heard a theory that eventually, Intel will just be a fab producing AMD chips. Thought it was a long shot back then, but now it might be the company's best outcome.

[–] sevan@lemmy.ca 28 points 2 months ago (1 children)

That would be a lucky outcome for Intel, they can't compete with AMD's current fab (TSMC).

[–] DScratch@sh.itjust.works 9 points 2 months ago

Getting away from Global Foundries was such a pivotal move for AMD.