Intel's finance chief David Zinsner said the firm did not expect to
bring in more cash than it spent this year, and forecast
lower-than-expected revenue for its fourth quarter.
If you're into manufacturing stuff people really want, that is.
/s
[0] https://www.tomshardware.com/tech-industry/data-centers/open...
And the oddest fear is precisely what will happen if we start trying to ramp up a bit of what used to be normal accountability?
Good news on that front is that political fighting typically evaporates with the campaigns. Bad news, of course, is that it typically comes back with them. So contracts have to be executed stupid quick.
Which flat out makes some things like the CHIPS act non-starters as long as we can't trust the next administration to give a good faith attempt at executing and honoring what came before.
Bidens CHIPS Act is still largely intact though isn't it? The next admin changed some things, renegotiated some implementation details, and even expanded parts of the subsidies. But I believe it is still moving forward at basically the same scale as was originally envisioned.
More agents browsing the web and people relying on AI summaries -> less revenue for Google Search and Reddit
AI drastically reducing the barrier to game dev -> less users on Roblox
But for sure a lot of businesses are getting disrupted - Adobe and now Google are good examples. Just that Google has quite a lot of areas where it shouldn't be so bad - Android, Youtube, mail & storage, cloud. And AI lets them reduce headcounts which is a very big cost.
Is that really a thing? AI can make mediocre games for your own amusement, but Roblox is a social experience.
Tim Sweeny being "one of the people who dooms Windows" was the least likely thing on my multiverse bingo card - but he's eroding that too. EAC v2 will have kernel mode (eBPF) anti-cheat. Microsoft has lost their moat at the throne of AI.
> Give it a few days and we'll be back where we were
Perhaps, though I think today is the lowest in 6 weeks.
ETA: I also guess I sort of hope for it because this whole cycle has felt so incredibly irrational that I desire a small return to sanity, even if it comes at the cost of some of my retirement.
The big news is "Alphabet shares record their worst day ever, shedding $500 billion in value"[1] Google ad revenue has dropped. AI results from search engines don't generate the click-through revenue that search ads did. That's scary for Google management.
Roblox reports user counts are down. Reddit traffic is down and management blames AI search not referring users to Reddit. None of this seems to be closely related to AI costs. That's losing the competition for attention.
Intel reports PC sales are down. That's likely related to RAM costs, which made price/performance of new PCs drop.
There are issues with AI costs, but they don't seem to be the cause of these reported Q3 earnings drops.
[1] https://www.nbcnews.com/business/markets/alphabet-google-sto...
Soon, we'll be able to buy DRAM and SSDs again cheaply.
I don't know if anyone told you, but GDDR is included in the current RAM shortage.
Doesn't manufacture anymore*.
This company has been run so far into the ground over the last 15 years. Such a fall from grace, with so many decisions that just seem to never be correct.
Intel pioneered dram, but that was a long time ago, agreed.
Their more recent exit from 3d xpoint was very unfortunate in timing, though. I think that could have been a very cool technology to use in the current age.
AMD acquired this company, and I hope they start releasing consumer hardware based on their tech.
Your move Intel and NVIDIA, give us what we want and stop hording GPUs in data centers.
Those on-device weights are horribly outdated, underperform for their size, and cannot be updated to use a different model. I don't think Nvidia is afraid of Taalas.
To push beyond the envelope of what a mobile GPU can do, you'd have to build gigantic coprocessors for 30-100B models, which would probably cost more than the phone/laptop itself to integrate on-die. Nevermind the fact that SRAM is several times more expensive than DRAM gig-for-gig.
Maybe I am wrong but the supply side of this equation seems completely hosed from a fundamental perspective.
The fact we have so much latent demand and aren't getting these benefits right now is depressing. Where is our silico-industrial buildout? Why is our federal government cutting unversity research funding, and not expanding it to train more PhDs to run in demand fabs? We are being led by short thinking greedy assholes is why.
Uncertainty that just developed overnight?
> With the incredibly frustrating aspect that we can't really directly discuss exactly how corrupt a few of the main actors have been, to date.
What does that have to do with Intel, Amazon, and Google's financial results?
And where did you get the impression that no one can "discuss" any of this? A minute doesn't go by that someone isn't talking about Trump. Including you, regarding a completely unrelated topic.
Would you like to posit a theory? The article says nothing about this, and states entirely different causes. This concern seems rather tangential to recent market activity
In general it’s an earnings story though I agree.
A sort of cost, but like other externalities never paid by those who incur them on others. Well, except for Google I guess.
Couldn't have anything to do with management's decision to require logins to access the site.
I myself do way more searches in "<question> on Reddit" and then just look at the AI generated response from Google Gemini.
Zero clicks.
elpakal•1h ago
In theory I understand their change to make search -> AI search instead, but I have a hard time believing that this was benchmarked in any way and not rushed to desperately remain relevant in the AI race.
eigenspace•1h ago
Unless I'm searching for something very niche, I'm often quite surprised by how 'directionally right' Google's AI overview is, even if I retain a lot of the skepticism I had towards it.
cush•1h ago
downrightmike•1h ago
foldr•1h ago
> What is the equivalent focal length on APS-C of 80mm on full frame?
and get the correct answer. It's not good compared to frontier AI models, but that's to be expected, given that you don't pay for it.
esafak•1h ago
Dennip•1h ago
taeric•51m ago
method_capital•37m ago
feverzsj•1h ago
nonethewiser•28m ago
Hikikomori•52m ago
georgemcbay•52m ago
Different experience for me, IMO AI mode saved Google search. The classic search became pretty much worthless due to decades of SEO winning over good results. But AI mode made Google search far more useful for me and gives me what I'm looking for 99.9% of the time.
I do understand some people (website operators who used to rely on SEO or google stockholders after the recent earnings report) being upset about AI mode, but as a search user I find it much more effective than where search was just prior to AI mode.
mrtksn•22m ago
wtch98•7m ago
xvilka•15m ago