Heavily CECA-ed INTEL Corp stock crash over 10% as they reported an even worse quarter

[proton_cannon]

Intel falls 12% after 3rd quarter earnings show server segment unexpectedly shrinks

Intel fell 12% on Friday after it reported third quarter earnings on Thursday that revealed an unexpected drop in its data center segment.

The segment had posted strong growth in the first half of 2020, but capacity digestion led to a significant decline in the third quarter, and Intel guided for a continued decline in the fourth quarter.

Intel's third quarter revenue beat estimates, its profit met expectations, and it raised its full-year guidance. But that wasn't enough to stem the decline in shares.

"We reiterate our Sell rating based on ongoing concerns regarding the company's long-term competitive position in CPUs and margin profile that we expect will weigh on forward earnings expectations and the stock's multiple," Goldman Sachs said in a note on Friday.


https://markets.businessinsider.com...how-server-segment-shrinks-2020-10-1029714815

Korean-American software engineer claims discrimination by Intel managers of Indian descent

https://www.mercurynews.com/2019/07...mination-by-intel-managers-of-indian-descent/


Intel Imported Thousands Of Indians To US Since 2010, And Is Now Firing 12,000 Globally

https://www.indiatimes.com/news/ind...and-is-now-firing-12-000-globally-255258.html

 

[treeskull]

Sent from 你是我的小啊小苹果儿怎么爱你都不嫌多红红的小脸儿温暖我的心窝点亮我生命的火火火火火火 using GAGT

 

[proton_cannon]

Sent from 你是我的小啊小苹果儿怎么爱你都不嫌多红红的小脸儿温暖我的心窝点亮我生命的火火火火火火 using GAGT

really is indian gao gao inside

 

[treeskull]

really is indian gao gao inside

Singapore's turn coming soon

Sent from 你是我的小啊小苹果儿怎么爱你都不嫌多红红的小脸儿温暖我的心窝点亮我生命的火火火火火火 using GAGT

 

[Hierophant]

The plague ish already spreading to sinkie lanx

 

[KenwhyKen]

Boeing also another 1

 

[flame2000]

The purge has begun. Meanwhile SG still gong gong letting them in.
Maybe wanna wait till they bring down DBS.

 

[hatredhollow]

Buying amd stock nao!!!

 

[clon33]

Import CECA some more lah!

No wonder their competitor AMD share price grow from $3 all the way to $80.

 

[1.koln]

They will definitely comeback, they have far more resources than AMD

 

[moonlighter_sg]

this is going to be the end of INTEL.

 

[zuoom]

How come drop? Chip stuff thought booming.

 

[flame2000]

How come drop? Chip stuff thought booming.

When even the lower end Ryzen 5600X can pawn every Intel processors in single thread, u know Intel days are over. We're not even talking abt 5900X yet.

 

[nymous]

hahahahahahahahaha

 

[lifeafter41]

Sent from 你是我的小啊小苹果儿怎么爱你都不嫌多红红的小脸儿温暖我的心窝点亮我生命的火火火火火火 using GAGT

Lolololololol

 

[wwenze]

They will definitely comeback, they have far more resources than AMD

They hadn't done jack for 10 years since Sandy Bridge. There are some minor supportive upgrades in Haswell and Skylake but these are really minor compared to the lack of improvement in both architecture and process. The entire direction(s) was screwed. Those process changes didn't do jack to improve the performance.

AMD also had completely screwed directions but they fixed it with Zen, and Zen2 was a good IPC increase, and if Zen3 still produces a 19% as marketed then it shows an impressive team that can pick up from where Jim Keller left off. Btw Jim Keller rejoined Intel again and then left again.

 

[nymous]

They will definitely comeback, they have far more resources than AMD

and so is india..

u believe india will make comeback in ur lifetime?

 

[wwenze]

Intel Imported Thousands Of Indians To US Since 2010, And Is Now Firing 12,000 Globally

The coincidence to the timeframe when Intel simply just stalled is scary.

AMD's GPU division also stalled at GCN for a while which coincided with when somebody took over after the GCN creator left. Now Navi is proving it can at least compete with 3080 shows AMD still has the resource and skill to fight Nvidia. But the question is, why wasn't this done earlier? Again coincided with something.

 

[batuchka]

i tot got thaiger lake and XE-HPG discrete Intel GPU sure shoot their stocks up a bit?

 

[xcodes]

from IBM and to Intel ...