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A comment on Intel jumps 6% as it returns to profitability after two quarters of losses. Parent comment

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?

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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.
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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.)

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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.
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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.

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