The US and Europe has become acutely aware that too much semi-conductor manufacturing has been outsourced to China and other Asian nations and they're trying to build some back domestically. So that's the geopolitical reason for it.
arc
joined 1 year ago
How long before Nvdia buys them, or at least tries to. Nvidia tried to buy Arm but got stopped by the UK government.
It's definitely a lot slower. I remember working there and at lunchtime they'd be working the grills 24 down - basically double the usual capacity and that stuff was wrapped and put into the racks constantly. They'd try and make burgers to meet demand with a holding time by which the burger should be sold by or thrown into a red bin. Usually it worked fine and waste was minimal but I assume some beancounter thinks that system and red bin waste costs McDonalds more money than it does to waste 5-10 minutes of somebody's lunch break. If people get pissed off by the wait though they might consider going somewhere else - after all, if they're going to wait, why not in a place where something more substantial than a burger is being prepared.
I live in Ireland and I like McDonalds occasionally. But there is no doubt that there food is quite expensive and they aren't innovating. Once a month there will be some new burger which is usually just the same as a normal burger but with bacon or bbq sauce or some shit but it's just boring and lazy marketing. What is worse than the food is the entire ordering experience - those bullshit kiosks are very time consuming and aggravating to use and then because they're cutting staff you can look forward to a 5 or 10 minute wait for food to appear. I remember when I worked in McDs at peak periods you'd get your food almost as soon as you ordered it (unless it was a grill item) but not any more.
"You see, gentlemen, not only have your own efforts failed, but you've rather queered the pitch for everyone else."
Yes I know. I've was there for it too mocking these dinguses. But it only became mainstream with COVID when it sort of metastasized and merged with a bunch of other deranged conspiracy nonsense via MAGA & QAnon.
I certainly am. I also got blocked by Kirstie Alley, Rudy Giuliani and Michael Avenatti for criticizing their cult, grift & grift respectively. I'm sure there are a few others I don't know about.
The Cybertruck is a fail on so many levels that I wonder why anyone wants one. It's not a good EV, it's not a good truck, falls short on price & range, is prone to corrosion, looks stupid, is totally impractical, and lethal to pedestrians & cyclists. The thing violates so many EU regulations that it will NEVER be on sale there and anywhere else that doesn't like murder machines.
Sounds to me like shareholders should call his bluff and be rid of him. Maybe then the company won't be wasting money on boneheaded vehicles like the Cybertruck.
I got blocked by him on Twitter (in 2012!) for mocking his whackjob antivax views. He was espousing shit headed antivax nonsense long before it was fashionable.
He's been saying variations of this shit for years. If you listen to the Knowledge Fight podcast there is scarcely a week when he hasn't invoked some schtick about how this could be the last broadcast.
Of course, if this dumpster fire has genuinely stopped paying the bills and the creditors are changing the locks then boo hoo for Jones. I'm sure he'll weave it as a conspiracy but this asshole has had it coming and then some.
Nvidia's has a market cap 30x of Intel's. So it could issue more stock to raise capital for a buyout. It's not the company equity but the market cap that it needs to have money to purchase. Even a controlling stake of > 50% would give them defacto control. Of course governments & regulators would probably block it or force Nvidia to divest bits of itself, and that's probably the greatest protection Intel has against such a scenario.
But if Intel weakens further, it may well be someone else tries to acquire it. I bet a lot of companies would love to snaffle it up. It's kind of ironic that Intel used to be the big dog in the semiconductor space but even AMD is bigger than it these days and are potentially many others who'd like buy it out. In fact, for all we know Intel might be shedding all these jobs to make it look more attractive to potential buyers.