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Intel is laying off over 15,000 employees and will stop ‘non-essential work’(www.theverge.com)

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Eezyville@sh.itjust.works
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So they got all that money from Uncle Sam’s CHIPS Act only to lay off 10,000 employees and make themselves “lean”. Govt funded unemployment.

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TropicalDingdong@lemmy.world
26 points

Seems like a great time to buy AMD, ARM and QUAL

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_bcron@lemmy.world
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Justin@lemmy.jlh.name
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ARM and Qualcomm aren’t really involved with AI, and AI only makes up 15-20% of AMD’s revenue. Nvidia the one to watch out for, an entire 85% of their revenue is just AI and Mellanox. The Nvidia pump has been insane.

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hamsterkill@lemmy.sdf.org
1 point

Nvidia’s AI gambit is at least diversified to different kinds of AI. Even if (or probably when) LLM AI taps out, Nvidia will likely also be behind the AI tech that takes its place.

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_bcron@lemmy.world
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