Intel lays off hundreds of engineers in California, including chip design engineers and architects — automotive chip division also gets the axe
Intel lays off hundreds of engineers in California, including chip design engineers and architects — automotive chip division also gets the axe
I really don't understand why Intel's response to finally having a worthy competitor after market domination is just to absolutely crumble and hinder any potential return to form. It seems they had a good thing for a couple years with their last CEO, but they got rid of them right when the fruits of that labor started to show (chip work is usually a multi year long process, so results aren't regularly seen right away, is my understanding).
Because cannibalizing companies is the only thing capitalists know how to do to extract profit
I wonder who downvoted you. It's a true statement. Capitalists aren't there to make good products or services. They solely exist to squeeze as much money out of everything they can. They are a disease.
America is gonna be so Great Again
With autonomous vehicles entering the market, this seems like exactly the wrong time to exit the automotive market - unless their offerings totally sucked ass, I suppose.
Sure sucks for everyone over at Silicon Mobility.
Automotive chips are probably engine and transmission components, nothing special used by autonomous vehicles.
I guess my next system should be an AMD just because Intel may not be around for much longer to support.
I wonder how many of them are going to emigrate to China ans Europe.
… and my sword?
Google and Apple will be happy to add to their existing talent.
they just laid off a few thousand too.
Google. laid of thousands. Apple laid off hundreds. Mostly from their car program that went nowhere and cost billions.