Intel Shares Fall by Most Since at Least 1982
Intel shares suffered their largest decline in over 40 years after the company gave a grim growth forecast and laid out plans to slash 15,000 jobs, signaling that the chipmaker is ill-equipped to compete in the artificial intelligence era. Bernstein Research Senior Analyst Stacy Rasgon joins Ed Ludlow on “Bloomberg Technology.” ——– Like this video?…
Entertainment
History Professor Answers Industrial Revolution Questions | Tech Support | WIRED
History Professor Jonathan Rees joins WIRED to answer the internet’s burning questions about the Industrial Revolution. Why did coal miners take canaries into the mines? What caused The Great Smog in London (1952)? What are the most important inventions to come from the Industrial Revolution? Answers to these questions and many more await on Industrial…
Bloomberg Technology
SpaceX Soars On Third Trading Day, Seals Cursor Takeover | Bloomberg Tech 6/16/2026
Bloomberg’s Ed Ludlow tracks SpaceX’s value eclipsing Amazon’s, this as it lands its $60 billion takeover of Cursor. Plus, Anthropic meets with US officials to resolve a national security dispute with the Trump administration over its most advanced AI models. And, Sequoia Partner Shaun Maguire talks about the AI landscape and why he never wants…
CNET
Android 17 REVEALED: Pause Point Is My Favorite Feature
Android 17 is out, and if you have a Google Pixel phone, you can try it right away. Android 17 comes with a bunch of new features, including a new green-screen selfie tool, a Pause Point tool and loads of video and photo improvements for Instagram. 00:00 – Introduction to Android 17 00:11 – Screen…
History Professor Answers Industrial Revolution Questions | Tech Support | WIRED
SpaceX Soars On Third Trading Day, Seals Cursor Takeover | Bloomberg Tech 6/16/2026
Android 17 REVEALED: Pause Point Is My Favorite Feature
-
Science & Technology6 years agoNitya Subramanian: Products and Protocol
-
People & Blogs4 years agoSleep Expert Answers Questions From Twitter ???? | Tech Support | WIRED
-
CNET6 years agoWays you can help Black Lives Matter movement (links, orgs, and more) ????????
-
Wired7 years agoHow This Guy Became a World Champion Boomerang Thrower | WIRED
-
Wired7 years agoNeuroscientist Explains ASMR’s Effects on the Brain & The Body | WIRED
-
Wired7 years agoWhy It’s Almost Impossible to Solve a Rubik’s Cube in Under 3 Seconds | WIRED
-
Wired7 years agoFormer FBI Agent Explains How to Read Body Language | Tradecraft | WIRED
-
CNET7 years agoSurface Pro 7 review: Hello, old friend ????
@richardlionheart4856
August 2, 2024 at 3:42 pm
Yeah, they lost all the moat they had, intel is been esting by everyone, MAGS7, Qualcom, ARM tec., u name it
@diamondlion47
August 2, 2024 at 4:24 pm
AMD, Lisa’s been bleeding them dry for years. Intel’s been forced to give away chips they are so uncompetitive with AMD
@0monroy
August 2, 2024 at 3:44 pm
This doesn’t make sense; taxpayers granted them 6 billion dollars for a new fabrication, but now they’re divesting multi-billion dollar partnership fabs. Without a GPU play, this was a mistake.
@masterofnone597
August 2, 2024 at 4:30 pm
6B$ dont even cover the cement they pouring,
@Unclesam404
August 2, 2024 at 3:56 pm
If Amd can not win the gpu against nvda. How this junk chip company who has little expertise in GPU can get exposed to AI gpu ? ????
@m4758406
August 2, 2024 at 5:26 pm
intel want to be a foundry business for the western world.
intel invest primarily in the foundry business, which Nvidia and AMD don’t have.
you had to compare Intel with TSMC.
amd and nvidia can lose taiwan production.
if china take taiwan amd and nvidia are in huge trouble, they need intel.
@utente_relax5117
August 2, 2024 at 3:56 pm
Poor Grandma.
@Unclesam404
August 2, 2024 at 3:59 pm
Stacy is the worse semi analyst. He compared AMD’s ai gpu sales toward nvda’s rack system including gpu + motherboard , shintel cpu, interconnect. It’s very biased. Pls use Apple to Apple comparison.
@diamondlion47
August 2, 2024 at 4:25 pm
Perfect time to buy AMD
@VegasVaron
August 2, 2024 at 4:41 pm
Cash doesn’t matter if Intel can’t sell their products.
@johnm2991
August 2, 2024 at 5:04 pm
Appears that Intel has a higher degree of viability being acquired by another technology company, rather than remaining a standalone business. Too much business model erosion accelerating at a torrid pace. Gotta read the tea leaves in real time. ????????
@AlbertXuY
August 2, 2024 at 7:50 pm
The result of bandict Huawei. Microsoft will have the same day.
@AlexNomadHuang
August 2, 2024 at 9:26 pm
Question from Taiwan: Why can this company get the biggest share of the subsidy from the Chips Act? and plan to lay off 15% employees?
@rosetzu_nagasawa
August 2, 2024 at 10:52 pm
Multiple vacancies for tech staff in SMIC,
KINDLY apply IMMEDIATELY.
relocation benefits for family and schools support.
Operators are standing by, call now.
@vlhc4642
August 2, 2024 at 11:13 pm
Intel just f*ed up their 7nm generation while SMIC is already past 7nm, lol
@rosetzu_nagasawa
August 2, 2024 at 11:20 pm
@@vlhc4642 INTEL just took delivery of ASML latest and pricest machine…they are just going to die standing
@BB-iq4su
August 3, 2024 at 12:03 am
Trading below 2/3 book value if my calculations are correct. Where is all the taxpayer money to bolster homegrown IC tech? Joe? Kamala?
Next a bail out? Or maybe sale to A foreign company /s
@ZakiSalem-zh5gr
August 3, 2024 at 12:30 am
Perfect example of poor leadership! They have been around since 1968 and still can’t update their business model to keep up
@richardm450
August 3, 2024 at 2:09 am
The salaries of Intel’s CEO and top management should be reduced. Firing employees due to the CEO’s incompetence is unfair. Maximizing shareholder profits often leads to lower quality, reduced innovation, and decreased safety. There are no safeguards against this lack of accountability.
@jointy
August 3, 2024 at 2:18 am
I bought loads at 21. Like Xmas morning. People can’t see past one quarter, and speak like they know what it takes to build fabs and chip leadership. #bull
@gaseousclay6126
August 3, 2024 at 2:26 am
Terrible company
@RotaxXS
August 3, 2024 at 4:30 pm
You are a terrible intellectual.
@dutchryans3363
August 3, 2024 at 3:23 am
This what happened when senior management failed to understand how to run a business and allow to allowed EDI and ESG in their process.
@Squig96
August 3, 2024 at 3:24 am
I put 700k from my grandmas inheritance into this stock 2 days ago, Im sure it will turn around.
@MrkRRos2012
August 3, 2024 at 3:37 am
Eye off the ball
@MrkRRos2012
August 3, 2024 at 3:41 am
Losing team
@edwinyangtw
August 3, 2024 at 4:17 am
Intel is good at chip design. They should focus on designing/innovating great chips instead of manufacturing chips.
@3thinking
August 3, 2024 at 5:28 am
Intel. Dead Inside.
@LamGorYun
August 3, 2024 at 7:56 am
over invested in defective cpus more like.
@Agent77X
August 3, 2024 at 9:14 am
Intel BOD has pick another looser as CEO in a long line of CEOs like Pat Gelsinger!????
@Agent77X
August 3, 2024 at 9:20 am
Intel BOD has pick another looser as CEO in a long line of CEOs like Pat Gelsinger!???? It should be brought out but the current Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) Antitrust Division are both responsible for enforcing federal antitrust laws, which include laws against monopolization. The FTC is considered the main regulatory body for monopolies, and the two agencies often work together to enforce the laws will stop this from happening!????
@Agent77X
August 3, 2024 at 9:22 am
Intel is outsourcing their latest Lunar Lake CPU to be manufactured!????
@hillbilly4333
August 3, 2024 at 11:44 am
Check the golf handicaps of management. Anything under 12 will explain this debacle.
@Evangelionism
August 3, 2024 at 1:53 pm
Senior management caved in to politics of forces from whom they took ESG investments, and the political landscape across the nation is sliding such that it’s starting to look as though the major market players who participated in politics over productivity/profits may represent a supermajority of the companies impacted most by this stock market crash.
It surely isn’t just ESG, but consider what percentage of businesses represented in these reductions/stagnations are among those with either the most ESG investments or the heaviest-handed ESG-derived policies. For years, despite the marketing and pitch book reports around it advertising its successes and virtuous impacts, we have ceaselessly witnessed the aftermath of partaking in ESG funds: backlash, layoffs, boycotts, bombs, underperforming stocks, etc.
*Corporations need to take their control back, as some companies now have begun to, before things really get precarious.* Want to play ecosociopolitics? Cool: _spin that desire off into its own nonprofit organization, but business is about commercial sustainability,_ and if the company’s not commercially sustainable, how is it supposed to be strong enough to begin thinking about being greener/more environmentally friendly — which I firmly believe in and you should, too…just not among a cult class of creditors.
@hexbinoban6170
August 3, 2024 at 2:12 pm
How they want to make profits /Compete if their CPU’s prices are constantly high.
@aerohk
August 3, 2024 at 2:42 pm
will the CEO resign?
@RotaxXS
August 3, 2024 at 4:30 pm
Hope not. Best thing to happen to Intel in 10 years.
@slap99
August 3, 2024 at 4:05 pm
This man told us to buy Nvidia at 125 because it cheap.
@RotaxXS
August 3, 2024 at 4:31 pm
Yeah. He’s a jackass.
@RotaxXS
August 3, 2024 at 4:29 pm
This guy is a buffoon.
@MrJsv650
August 3, 2024 at 4:48 pm
The chips act was a total setup,congrats. The next general givernment motors
@lajana23
August 3, 2024 at 5:29 pm
Time to buy. Intel has ~70,000 patents . If they become a potential acquisition target (and I imagine they will) we’ll see a lot more technically savvy analysts analyzing the economic value of those intangibles.
@khuti007
August 3, 2024 at 7:51 pm
They been screwing us for years, how do they like it
@lou7139
August 4, 2024 at 12:49 am
Intel in the 90s was so awesome. Still remember the bunny suit disco commercials fondly. Sad to see a tech giant like this falter and decline destroyed from within by internal politicking and bureaucracy.
@StockPax
August 4, 2024 at 4:37 am
In 2021 company had Annual $79B Revenue & $19B Net income, in 2024 Rev $54B and Net income $1.69B. In 2021 year company had annual $38B Debit and $9B cash now $49B debit and Negative -$14B cash. It’s not first time INTC dropped like this multi time in past
@bliglum
August 4, 2024 at 11:58 am
Buy the dip, or is Intel dying?
The latter seems unthinkable.
@anonymousunionsoldier
August 4, 2024 at 1:22 pm
Intel is too big to fail. Chips Act funding cemented that.
@egordonliddy697
August 4, 2024 at 1:32 pm
Buy Intel at $10
@egordonliddy697
August 4, 2024 at 1:33 pm
Having your engineers work 12 hours a day in the AZ heat doesnt help either.
@ha8290
August 4, 2024 at 7:28 pm
Intel needs to make one simple adjustment: produce chips that are competitive and people want to buy, and while at it fix the manufacturing.