Intel Desperate Measures for Survival
In a panicked attempt to salvage its sagging business, Intel revealed a laundry list of damage control measures, leaving both investors and employees feeling restless.
To appease corporate overlords, CEO Patrick Gelsinger proudly detailed plans to transform the disastrous Intel Foundry division into an "independent" subsidiary Рa.k.a. a mere fa̤ade to fool investors, and a recipe for creative number-crunching byaccountants to massage revenue while hiding liabilities.
AWS Deal Masks the Grim Realties
The ostensive "major win" cited by Intel – its team-up with AWS on artificial intelligence (AI) tech – sounds impressive until analysts dig beneath the hype-surface to find more woes. Intel now locks horns with the formidable Arm Holdings on AI innovation… and in a potentially soul-crushing blow: just lost major customer, Nokia, too! But hey, who knows exactly what dark magic numbers games Intel used to get ahead of all this bleakly? 🤖?
Author: Kayitsi.com
