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0 pointsmbac3276811mo ago0 comments

Yes this. Intel is in deep shit. This is exactly the thing you'd expect their new CEO to say right now.

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3 comments · 1 top-level

lotsofpulp11mo ago· 2 in thread

One would hope HN commenters would be able to comprehend a microchip seller not having compelling products to sell means it needs to shrink its business, rather than jump to childish “CEO bad guy” sentiments.

DangitBobby11mo ago

Shrinking the business is a hard decision to reverse, and one should definitely read into the word "needs" from "needs to shrink" before doing it. People tend to take any claim that a gigantic company "needs" to downsize with a gigantic grain of salt, because we were born with pattern recognition.

lotsofpulp11mo ago

The business had already shrunk 10+ years ago when it was evident mobile devices were the future and Intel had no product offering for them.

It was do or die a decade or two ago to catch up in that market, but they didn’t bother paying sufficient salaries and focusing on the growing markets, so here they are.

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