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January 27, 2023

Daily Tech News 27 January 2023

Intel posted one of its worst quarters on record, losing $661 million or 1/16th of a single blockchain scam. (Tom's Hardware)

Desktop, mobile, and server CPUs were all profitable, though all were sharply down from last year. Most of the loss came from Intel's ongoing push into the GPU market, which the company fully expected to bleed cash for the first few years.

The company has shut down its network switch unit. Intel will still produce a range of networking chips, just not the switches themselves. In recent years the company has also cancelled its Optane storage project and sold off its SSD division as it focuses engineering on improving its CPUs.

Tech News

AMD meanwhile has told customers not to buy its Radeon 7000 graphics cards. (Tom's Hardware)

Recent advertising material showed the performance per dollar of all currently available Radeon cards - and highlighted the fact that all Radeon 7000 cards deliver worse value than all Radeon 6000 cards.

They're faster, yes, but worse value.

Nvidia has the same problem. Intel doesn't, but that's only because they don't really have any previous graphics cards to compare against.
Why are so many tech companies laying people off right now? (The Verge)

They hired a bunch of communists and are now dying from within.

Disclaimer: Instead of live bobcat, package contained office chair. 2/5 would not buy again.

posted by Pixy Misa at 04:00 AM

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Intel will still produce a range of networking chips, just not the switches themselves. In recent years the company has also cancelled its Optane storage project and sold off its SSD division as it focuses engineering on improving its CPUs. Tech News AMD meanwhile has told customers not to buy its Radeon 7000 graphics cards. (Tom's Hardware) Recent advertising material showed the performance per dollar of all currently available Radeon cards - and highlighted the fact that all Radeon 7000 cards deliver worse value than all Radeon 6000 cards. They're faster, yes, but worse value. Nvidia has the same problem. Intel doesn't, but that's only because they don't really have any previous graphics cards to compare against. Why are so many tech companies laying people off right now? (The Verge) They hired a bunch of communists and are now dying from within. 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