https://www.reuters.com/markets/deals/intel-sells-stake-chip-designer-arm-holdings-2024-08-13/
Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.
Intel would have raised about $146.7 million from the sale, based on the average price of Arm's stock between April and June, according to Reuters calculations.
The chipmaker said earlier this month that it would cut more than 15% of its workforce and suspend its dividend amid a pullback in spending on traditional data center semiconductors and a shift towards AI chips, where it lags rivals such as Nvidia.
So Intel is doubling down on AI chips despite the AI balloon popping? Legit business plan.
Intel has said it is focused on developing advanced AI chips and building out its for-hire manufacturing capabilities, as it aims to recoup the technological edge lost to Taiwan's TSMC, the world's largest contract chipmaker.
The push to energize that contracting foundry business under CEO Pat Gelsinger has increased Intel's costs and pressured profit margins, forcing it to seek cost cuts.
Intel and ARM both declined to comment on Tuesday when contacted by Reuters about the share sale.
"This looks to be consistent with the restructuring plan and the renewed focus on liquidity and efficiency that Gelsinger laid out from the last conference call," said Benchmark Co analyst Cody Acree.
huh? 
Put things in perspective:
1. Intel wants to be leading techshit (who doesn't really, 
?).
2. Intel wants to shift towards AIshit like N(word)vidya
3. Intel wants to shift away from catching up to TSMC's 2->1.4 nm node processes because they realized they can't catch up?
But barely an year ago Intel was forming up memo of understanding with ARM to boost its SOC
Intel Foundry and Arm Announce Multigeneration Collaboration on Leading-Edge SoC Design
April 12, 2023 โ Intel Foundry Services (IFS) and Arm today announced a multigeneration agreement to enable chip designers to build low-power compute system-on-chips (SoCs) on the Intel 18A process. The collaboration will focus on mobile SoC designs first, but allows for potential design expansion into automotive, Internet of Things (IoT), data center, aerospace and government applications. Armยฎ customers designing their next-generation mobile SoCs will benefit from leading-edge Intel 18A process technology, which delivers new breakthrough transistor technologies for improved power and performance, and from IFS's robust manufacturing footprint that includes U.S.- and EU-based capacity.
Early this year, Intel Foundry Services Head Stu Pann explained how Intel planned to build Arm chips, move more manufacturing to the U.S.
Also, how the 5Nodes in 4Years was coming all according to plan and they were ready to take the edge away from TSMC
Just a week ago, Intel's new head of IFS (hired just 3 months ago) was talking enthusiastically about its 1.8nm chip
By August 5th, techshit world was gushing like a hussy gussy about how Intel's 18a was going to blast through TSMC
https://pokde.net/system/pc/cpu/intel-panther-lake-power-on
So what seems to be the problem?
Is it just because Intel seems to be building its own foundry and fab in US while Nvidia outsources all its production to different partners, so in the short run it's experiencing some negative profits...or is it stuck in limbo? Neither can it just let go of its foundry and embrace AI bubble nor can it let go of the AI lure.
again on Aug 6th it announced that its RibbonFET and 18A are on track and taking over TSMC by 2025. (EVERYTHING AS PLANNED)
https://www.intel.com/content/www/us/en/newsroom/artificial-intelligence.html?filters[-7300596454,-8111542043]#gs.dlwi0i
Yeah I can't find anything on Intel's press releases in AI section about GPUs.
All in all, I have no clue what is going on. Someone explain
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real shit if i build a pc with the new 5090 should i go ayymd for the chip? i always thought amd was for poors
!g*mers
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The frick you getting a 4090 for?
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If you're just gaming it doesn't matter much which cpu you pick tbh especially if you're getting a 5090 you'll be GPU bound on 4k games anyways
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Just compare the benchmarks of the Intel to AMD chips you're looking at. AMD is usually cheaper and performs really well.
I went with the Ryzen 5 5600 6 core for my gaming PC, no issues in any games or VR streaming.
CPU focused games like rimworld, stellaris, etc have no issues.
The only kind of problem is that unzipping a lot of files can take a little bit of time but I went with the slightly cheaper option, iirc there was a better alternative to the 5600 that was like $50 more.
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Almost all AI models only run on nvidia
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He's talking about the processor.
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Look at and compare benchmarks. Brand loyalty is for console peasants
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With Intel absolutely pooping the bed recently, I'd go with AMD.
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7800x3d is extremely good for the price. They're less "budget" and more "value" now, like they were back in early 00s
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At this moment yes, the latest Intel chips consume double the power for no performance advantage, and the most expensive ones are failing en masse. Might be the next gen Intel is good, but doubtful it's better than AMD.
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