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Re:Intel jumps 6% as it returns to profitability after two q... by brokencode on Thursday July 27, 2023 @07:43PM (#36901570)
I think Intel’s return to success is pretty much inevitable at this point. Just look at how much money they are getting in subsidies from countries like the US and Germany. This is coming from a strong geopolitical imperative to bring advanced semiconductor manufacturing back to the West.
Re:Intel jumps 6% as it returns to profitability after two q... by thunkshift1 on Thursday July 27, 2023 @08:20PM (#36901807)
All semi manufacturers are getting subsidies.. tsmc and samsung have contributions measured in percentage of gdp of the respective countries. Its hard to believe they are not getting any
Re:Intel jumps 6% as it returns to profitability after two q... by jrockway on Thursday July 27, 2023 @08:39PM (#36901949)
Finally the government is doing something good; paying chip manufacturers so I can get paid a million dollars a year to use O(n^2) algorithms everywhere!
Re:Intel jumps 6% as it returns to profitability after two q... by brokencode on Thursday July 27, 2023 @09:36PM (#36902228)
Sure, I’m not saying that they won’t be successful too.

But Intel is the only Western company capable of manufacturing the most advanced semiconductors right now, and you better believe that makes them too big to fail.

Re:Intel jumps 6% as it returns to profitability after two q... by GartzenDeHaes on Thursday July 27, 2023 @09:18PM (#36902120)
> This is coming from a strong geopolitical imperative to bring advanced semiconductor manufacturing back to the West.

But didn't they also offshore their CPU design teams?

Re:Intel jumps 6% as it returns to profitability after two q... by brokencode on Thursday July 27, 2023 @09:28PM (#36902181)
No? Please cite a source for this.
Re:Intel jumps 6% as it returns to profitability after two q... by __init on Thursday July 27, 2023 @10:00PM (#36902381)
No; in fact, we're doing more of our core development in the US than at some previous points in our history.

(I work at Intel, but this is just my personal observation.)

Re:Intel jumps 6% as it returns to profitability after two q... by maldev on Friday July 28, 2023 @02:41PM (#36911294)
Does intel still have the really toxic contractor culture with a TON of h1b's? I don't see them rebounding until they get quality employees and not pay severely under market through contractors.
Re:Intel jumps 6% as it returns to profitability after two q... by __init on Friday July 28, 2023 @09:07PM (#36915665)
I work remotely on a small-ish research team. Almost all of my immediate colleagues are in the US or Western Europe. Most (all?) of the folks on P- and E-Core Engineering that I work with are full employees (i.e. not contractors) in the US or Israel. I'm not sure I'd know if they were H1Bs, but they're generally very knowledgeable and hardworking. From my perspective, there's little outsourcing on the core businesses (pun fully intended).

As far as comp goes, mine is competitive with Bay Area FAANG.