babysandpiper@sopuli.xyz to News@lemmy.world · 17 hours 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-square35fedilinkarrow-up1168arrow-down11
arrow-up1167arrow-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 · 17 hours agomessage-square35fedilink
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up32arrow-down1·16 hours agoMight as well give up. What a pathetic ethos.
minus-squareteawrecks@sopuli.xyzlinkfedilinkarrow-up5·12 hours 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-squareSteve@communick.newslinkfedilinkEnglisharrow-up5·edit-214 hours 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-squareredsand@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·10 hours 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.
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.
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.
They are. This is sell off mode. Chapter 7/11 or a buy out are the only real options