electriclove (u/electriclove)

electriclove commented on U.S. government takes 10% stake in Intel cnbc.com/2025/08/22/intel... · Posted by u/givemeethekeys

mensetmanusman · a day ago

Their dragon’s hoard of cash is only being used for financial engineering.

Their finance team axed a meager $10B dollar investment to improve Siri thereby making Apple the laughing stock of the tech industry players who say they are working on AI.

electriclove · a day ago

Oh, Apple definitely has problems but putting $50B into Intel doesn’t sound like a good idea.

electriclove commented on U.S. government takes 10% stake in Intel cnbc.com/2025/08/22/intel... · Posted by u/givemeethekeys

ants_everywhere · 2 days ago

They're converting a grant, so Intel is worse off due to this move.

The only real benefit I can see is it looks more revenue neutral because the government getting something of value and Trump is unpopular for spending so much money on unfunded tax cuts.

electriclove · 2 days ago

It is going to help ensure that Intel doesn’t just waste the $8.9B they are getting

electriclove commented on U.S. government takes 10% stake in Intel cnbc.com/2025/08/22/intel... · Posted by u/givemeethekeys

UncleOxidant · 2 days ago

I think it would've been much better to incentivize the likes of Apple and Nvidia to make investments in Intel. They need to have their designs fabbed, they have a good amount of geopolitical risk. They also have a lot of money on hand. Didn't Apple say they were going to invest $600B into the US? (not that that's really going to happen), ok, so why not put $50B into Intel?

electriclove · 2 days ago

Because that is not a good use of Apple’s $50B.

electriclove commented on U.S. government takes 10% stake in Intel cnbc.com/2025/08/22/intel... · Posted by u/givemeethekeys

electriclove · 2 days ago

Capitalism with Chinese characteristics

electriclove commented on Intel CEO Letter to Employees morethanmoore.substack.co... · Posted by u/fancy_pantser

hn_throwaway_99 · a month ago

NVidia is fabless, so that's an awful comparison.

electriclove · a month ago

Ok, cut Intel's employee count in half. It is still underperforming.

electriclove commented on Intel CEO Letter to Employees morethanmoore.substack.co... · Posted by u/fancy_pantser

IshKebab · a month ago

Yeah make the best people who can easily get a job elsewhere quit. Great strategy Intel.

electriclove · a month ago

100% It isn’t just Intel though. A large number of Fortune 500 and government are using this same tactic with the same flaw.

electriclove commented on Intel CEO Letter to Employees morethanmoore.substack.co... · Posted by u/fancy_pantser

mandevil · a month ago

I feel like one of the under-appreciated problems with modern society (1) is the sheer quantity of lies we are surrounded with. RTO is just the current most blatant example (2) in the American economy of people saying lies knowing that they will never be held to account for those lies. All of these lies together are corrupting and destroying civil society, destroying the sense of trust necessary for people to work together, to respect and trust institutions, and to build a better world.

As the excellent series Chernobyl put it (in the words crafted by a writer, not an actual scientist) "Every lie we tell incurs a debt to the truth" and at some point someone is going to have to pay all of those debts.

1: Here I'm focusing on Anglosphere/largely US and UK societies, as a monolingual American that's all I can effectively comment on.

2: 'this will make you more productive/more efficient/more creative' whatever

electriclove · a month ago

It is a complete lie unless of course it is backed by firing people who aren’t good enough. But 99% of the execs who force RTO are really just trying to get people to quit - unfortunately this gets good people to quit and crappy people stay

electriclove commented on Intel CEO Letter to Employees morethanmoore.substack.co... · Posted by u/fancy_pantser

aleph_minus_one · a month ago

I am not sure whether NVidia's luck will continue to last as it is currently.

electriclove · a month ago

Gaming, crypto, AI 36000 employees There are many others I would bet against instead of Nvidia.

electriclove commented on Intel CEO Letter to Employees morethanmoore.substack.co... · Posted by u/fancy_pantser

akmarinov · a month ago

> 15% headcount reduction to 75,000

> Return to office in September

So 15% reduction now and another stealth reduction in September

electriclove · a month ago

These big companies are run as inefficiently as the government. They can’t fire anyone so they have to do the dance of making things unpleasant - but it backfires because only talented people leave (because they can get a job elsewhere) and all the dead weight stays because they have no alternative so they will just do their commute and sit unproductive hours in their seats and complain. It takes a real leader to turn something like Intel around - not sure if they have that

electriclove commented on Intel CEO Letter to Employees morethanmoore.substack.co... · Posted by u/fancy_pantser

AIorNot · a month ago

Having been on board meetings - most people just follow the trends - honestly musk triggered this way back when he laid of twitter and nothing happened

electriclove · a month ago

Yeah people still have a hard time accepting how effective that was.