• NegativeInf@lemmy.world
    link
    fedilink
    arrow-up
    71
    ·
    4 months ago

    His solution to the sell off is mass layoffs, stock buybacks, and r&d cuts.

    You know, stuff you need the most when trying to save your business from itself.

    • frezik@midwest.social
      link
      fedilink
      arrow-up
      29
      ·
      4 months ago

      A while back, I heard a theory that eventually, Intel will just be a fab producing AMD chips. Thought it was a long shot back then, but now it might be the company’s best outcome.

      • sevan@lemmy.ca
        link
        fedilink
        English
        arrow-up
        28
        ·
        4 months ago

        That would be a lucky outcome for Intel, they can’t compete with AMD’s current fab (TSMC).

        • Scratch
          link
          fedilink
          English
          arrow-up
          9
          ·
          4 months ago

          Getting away from Global Foundries was such a pivotal move for AMD.