babysandpiper@sopuli.xyz to News@lemmy.world · 18 hours agoIntel CEO says it's "too late" for them to catch up with AI competition — reportedly claims Intel has fallen out of the "top 10 semiconductor companies" as the firm lays off thousands across the worldwww.tomshardware.comexternal-linkmessage-square31fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkIntel CEO says it's "too late" for them to catch up with AI competition — reportedly claims Intel has fallen out of the "top 10 semiconductor companies" as the firm lays off thousands across the worldwww.tomshardware.combabysandpiper@sopuli.xyz to News@lemmy.world · 18 hours agomessage-square31fedilink
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up0·17 hours agoMight as well give up. What a pathetic ethos.
minus-squareteawrecks@sopuli.xyzlinkfedilinkarrow-up0·13 hours agoAnd yet it’s the first CEO Intel has had in years who is willing to acknowledge reality. Maybe they’re finally past their denial stage.
minus-squareSteve@communick.newslinkfedilinkEnglisharrow-up0·edit-215 hours agoIt’s often a sound strategy. Quit while you’re behind, and refocus onto something you can do profitably. “Stop throwing good money after bad”, and all that.
Might as well give up.
What a pathetic ethos.
And yet it’s the first CEO Intel has had in years who is willing to acknowledge reality. Maybe they’re finally past their denial stage.
It’s often a sound strategy.
Quit while you’re behind, and refocus onto something you can do profitably. “Stop throwing good money after bad”, and all that.