Tech "intel's f-----"

[Madmick]

imo, the best part is how the initial posts from 2 days ago (or whenever the flare-up was) were in another thread and moved... here. if posts are going to be moved, we might as well just have all of the "intel's fucked" posts moved to a thread of its own.

Perhaps your only useful suggestion. In its OP the Gaming Hardware thread outlines that it is for discussion principally of the major players-- Intel, AMD, and NVIDIA-- but this convo was derailing the focus on hardware itself which is what those who frequent that thread tend to enjoy. So I went the other way, and moved the entire derail beginning with your post that is the namesake of the thread title to this new thread.

Ergo, wish granted.

 

[jojoRed]

I do apologize, but this person is impossible. He's lecturing the forum on business sheets, and he doesn't even realize that earnings per share are calculated using the net income which is derived by taking the total expenses and subtracting them from revenue.

I didn't go to business school, but I knew a guy who did.

Why are you arguing with an idiot. This dude is like the most toxic poster in this sub forum. You see his post and quickly scroll down, sometimes when youre a bit drunk, you shoot a reply knowing you'll trigger him. Then he'll spam lolz or some type of pedantic bullshit, then move goalposts then cry some more.

 

[rob mafia]

Why are you arguing with an idiot. This dude is like the most toxic poster in this sub forum. You see his post and quickly scroll down, sometimes when youre a bit drunk, you shoot a reply knowing you'll trigger him. Then he'll spam lolz or some type of pedantic bullshit, then move goalposts then cry some more.

...sounds like someone else here.

 

[Blayt7hh]

So I guess Rob was right and Intel is now out of business?

 

[rob mafia]

So I guess Rob was right and Intel is now out of business?

nah, just doing 3+ rounds of layoffs like thriving companies do.

 

[rob mafia]

so intel just posted an eps/revenue beat for q1, so i'm an idiot and it's good news for intel and etc, right?

well... they pulled guidance, reportedly just lost apple as a customer, have terrible margins, and best of all:

https://www.intc.com/files/doc_financials/2020/Q1/Q1-2020_Earnings-Release.pdf
In the first quarter, the company generated approximately $6.2 billion in cash from operations, paid dividends of $1.4 billion and used $4.2 billion to repurchase 71 million shares of stock. On March 24, 2020, Intel announced the suspension of share buybacks in light of the COVID-19 pandemic. The dividend remains unchanged. Intel expects to reinstate share buybacks as circumstances warrant.

again, intc's stock has been propped up buy buybacks for the last bunch of years (and i'm sure it has nothing to do with the exec's bonuses that are based on). a reckoning is becoming increasingly imminent. short campaigns can now begin.

lolz @ $4.2 B in buybacks while they're losing market share and falling way behind tsm's process nodes. plural. (and reportedly were/are trying to contract from tsm)

https://www.gurufocus.com/term/cash2debt/NAS:INTC/Cash-to-Debt/Intel : .45 - i mean, it's an ok time to have debt with low interest rates, but... that's generally with a plan to utilize it.

and new disclaimers:

Demand for Intel's products is highly variable and can differ from expectations due to factors including changes in business and economic conditions; customer confidence or income levels, and the levels of customer capital spending; the introduction, availability and market acceptance of Intel's products, products used together with Intel products, and competitors' products; competitive and pricing pressures, including actions taken by competitors; supply constraints and other disruptions affecting customers; changes in customer order patterns including order cancellations; changes in customer needs and emerging technology trends; and changes in the level of inventory and computing capacity at customers.

Intel operates in highly competitive industries and its operations have high costs that are either fixed or difficult to reduce in the short term. In addition, in connection with our strategic transformation to a datacentric company, we have entered new areas and introduced adjacent products, where we face new sources of competition and uncertain market demand or acceptance of our products, and these new areas and products do not always grow as projected.

ouch.

kind of. i'm saying they're currently fucked and will be fucked for the foreseeable future. at least, as far as the cpu side goes.

no worries, now they're just a "datacentric company," whatever that means. xeon!

 

[Madmick]

so intel just posted an eps/revenue beat for q1, so i'm an idiot and it's good news for intel and etc, right?

Intel reports Q1 2020 revenue of $19.8 billion, up 23% despite coronavirus

Intel reported 69% year-over-year adjusted earnings growth and 23% year-over-year revenue growth for the first quarter, beating Wall Street’s targets for financial performance in a quarter that was affected at the end by the global pandemic...

Intel reported first-quarter revenues of $19.8 billion, up 23% from a year ago and driven by 33% growth in the data-centric business and 14% growth in PC revenues compared to a year ago. Adjusted earnings per share hit $1.45 a share, up 63% from 89 cents a share year earlier. Analysts expected the company to report profits of $1.27 a share on revenue of $18.7 billion...

The data center group saw revenue up 43% from a year ago, with 53% growth in cloud-service provider revenue. Intel’s memory and Mobileye businesses saw record quarters. The PC-centric business grew 14% versus a year ago, exceeding Intel’s expectations, on improved CPU supply and demand strength as consumers and businesses are relying on PCs for working and learning from home.

 

[rob mafia]

...still haven't figured out what buybacks do, eh?

odd that their juicy revenue numbers don't equate to much profit... again.

@Madmick


edit: oh, since you're probably unaware... they bombed q1 2019 (their yoy comparison).

and i forgot to paste this in the previous (to go along with their cash to debt, which apparently went from bad to worse):

Generated $6.2 billion cash from operations and $2.9 billion of free cash flow while strengthening liquidity with $10.3 billion in new debt and suspension of share buybacks.

decline, buybacks, debt, lost apple $... imo, their only chance of turning shit around is to pull a 180 from their current bullshit and work on r&d/viable new process nodes (not another + or +++ on their 14nm) or to make a hard 90 degree move and push hard for software/something not CPUs. because they are on a collision course with fuck.

 

[jefferz]

AMD Posts Record Quarterly Revenue and Notebook Sales, Zen 3 and RDNA 2 On Track

Amidst the turbulent waters of the coronavirus pandemic, AMD posted record first-quarter 2020 revenue as the company raked in $1.79B in revenue, a 40% year-over-year increase, but 16% decline from the prior quarter. The company posted record notebook chip sales driven by the new Ryzen 4000 series processors, a key growth segment that comprises more than two-thirds of the addressable consumer market.
AMD also expanded its gross margins to 46%, the twelfth straight quarter of growth (and the highest mark in eight years). That equated to profits of $222 million in the quarter, a $160 million increase from the year prior, but a $161 quarterly decline.
AMD cited robust sales of its Ryzen and EPYC processors as key drivers for its increased margins, while graphics cards and custom silicon sales for consoles dragged on revenue.

In either case, the market's bullish prospects for AMD's EPYC Rome processors might be blunted by the lower revenue generation in this key segment. The unit posted a $26 million operating loss compared to an operating income of $45 million in the fourth quarter of 2019. AMD cited lower EPYC ASPs due to heightened cloud spending, but Intel's aggressive strategy of slashing pricing on its competing Cascade Lake Refresh processors might come into play. Intel's server unit (DCG) also recently posted a 42.7% year-over-year sales increase due to coronavirus-spurred demand.
However, AMD cited a double-digit sequential increase in EPYC server chip sales for a 3x year-over-year improvement, and Su maintained the company's position that it will reach double-digit market share by next quarter. AMD also expects its semi-custom revenue (i.e., console chip sales) to improve as it ramps for the PlayStation 5 and Xbox Series X launches later this year.

https://www.tomshardware.com/news/amd-record-1q-2020-ryzen-4000-rdna-2-zen-3

 

[rob mafia]

additionally, nvidia is even using epyc.

while it's crazy high end shit that won't really matter to most everyone (these cost like $200K)... it's a sign of the times.

i find it odd there's an argument when i say intel's fucked, especially when it comes to CPUs.

 

[Woldog]

additionally, nvidia is even using epyc.

while it's crazy high end shit that won't really matter to most everyone (these cost like $200K)... it's a sign of the times.

i find it odd there's an argument when i say intel's fucked, especially when it comes to CPUs.

So you're saying if I put these in my computer I can really flex on people.

 

[rob mafia]

So you're saying if I put these in my computer I can really flex on people.

you could probably even play crysis on medium settings.

 

[rob mafia]

not entirely sure what to make of this, since we don't know the details, but...

https://newsroom.intel.com/news-rel...-systems-architecture-client-group/#gs.7up22r

 

[TheLinguist]

For the love of God take the L and clap that clamhole. Ryzen launched in March 2017.

View attachment 666461

Intel is fucked!

Read more. Speak less.

Why even bother speaking to the idiots that clearly aren’t doing their homework?

Saying something as stupid as INTEL IS FUCKED pretty much sums up the ignorance

 

[rob mafia]

yeah. they're doing great. they're about to corner the space heater market and end benchmarking once and for all.

 

[GearSolidMetal]

 

[PEB]

I hear there is a big shakeup at Intel going on. At first started in April an now it's really bad. The new CEO is demanding to move development of new products or find new jobs.

They are still making money lots of it but the CEO is well aware of AMD's growth. He is also upset new products are not fixing there current problems mostly in server space "AMD's really beating them up".

COVID did not help ether as many engineers opt to work from home slowing development.

 

[rob mafia]

I hear there is a big shakeup at Intel going on. At first started in April an now it's really bad. The new CEO is demanding to move development of new products or find new jobs.

They are still making money lots of it but the CEO is well aware of AMD's growth. He is also upset new products are not fixing there current problems mostly in server space "AMD's really beating them up".

COVID did not help ether as many engineers opt to work from home slowing development.

maybe, but i dunno.

they seemed to have conceded cpu to amd a while ago, or so their bullshit pr statements indicated in past earning's reports. they claimed some bs about how cpu market is limited to $80B/year or something and they want to pivot to "data" (later "data centric," which no one understands [since they shifted their own revenue structure with it] ) which they think is $300B+

hence, the whole "intel is fucked" thread and etc, which was about how amd's slaughtering them cpu to cpu, (and via slight devil's advocate, taking on an argument about intel's long-term financial health, based largely on my utter skepticism of their ability to successfully pivot [largely due to their management, which cared more about the share price/bonuses tied to share price - hence, all the buybacks] )

intel's intel, so it's hard to asses where exactly they stand with this shit since there's just so much bullshit. i guess only time will tell what's legit and what was just smoke and mirrors. ie: if their ai/mobile eye/gpu/iot/whatever are able to actually deliver.

but yeah, the internal strife isn't exactly under wraps.

 

[Madmick]

I hear there is a big shakeup at Intel going on. At first started in April an now it's really bad. The new CEO is demanding to move development of new products or find new jobs.

They are still making money lots of it but the CEO is well aware of AMD's growth. He is also upset new products are not fixing there current problems mostly in server space "AMD's really beating them up".

COVID did not help ether as many engineers opt to work from home slowing development.

AMD has been winning some market share back. They're not "beating Intel up" in the server space.

November 29, 2019:
https://marketrealist.com/2019/11/amd-gains-data-center-cpu-market-share-intel/

Intel’s Data Center earnings
Speaking of data center CPUs, Intel is still the leader with over a 95% market share. In the third quarter, Intel’s DCG (Data Center Group) revenue rose 4% year-over-year as a 6% decline in server CPU volumes was partially offset by a 9% increase in ASP (average selling price). If you look at the sequential growth, you’ll see that DCG revenue rose 28% as volumes and ASP rose 20% and 7%, respectively. It also benefitted from the rise in cloud and communications spending. Higher ASP and volume drove DCG operating margin to a record 49%, up from 36% in the previous quarter.

Unlike Intel, AMD’s server CPU volumes rose over 50% sequentially, indicating that AMD gained market share from Intel. Mercury Research data confirmed this suggestion, reported by Tom’s Hardware. The data showed that AMD’s x86 server CPU market share rose by 90 basis points sequentially to 4.3% in the third quarter. Su stated that AMD is on track to achieve the target of double-digit server CPU market share by mid-2020.

AMD gains a few percent of the entire market and their share increases by 50%. The latter figure looks very impressive, but only from that perspective.

 

[jefferz]

I hear there is a big shakeup at Intel going on. At first started in April an now it's really bad. The new CEO is demanding to move development of new products or find new jobs.

They are still making money lots of it but the CEO is well aware of AMD's growth. He is also upset new products are not fixing there current problems mostly in server space "AMD's really beating them up".

COVID did not help ether as many engineers opt to work from home slowing development.

lol AMD’s server market share isn’t even in the double digits.