the markets that Intel focuses on have larger/easier freedom of choice for the consumers, for one.

things are changing but there is a sort of "no one ever got fired for using nvidia for inference." thing going on.

A better comparison is probably AMD, since they also make server CPUs.

https://finance.yahoo.com/quote/AMD/

I figured the current owners of INTC stock are betting on the success of their fab business.. I think that's still to play out.

Because people are buying Nvidia products way more than Intel products, one would think. Nvidia owns the whole AI movement. Intel doesn't.

I understand nothing but I want to join the conversation.

It seems to me that nvidia bubble is still to burst. There is a trust me bro circle where Nvidia somehow sold GPU to itself so it can host someone else's models. Maybe three years ago or a little more they announced they plan to move away from consumer end and focus on cloud. Back then it did not make much sense because everybody though "how the f Nvidia will manage clouds like AWS?" And their business model seems to me that it is a shared risk model where Nvidia don't "own" the cloud but pay for its GPU to have that market share. I think it would make much sense if the thin layer those, how did the greedy musk said, neocloud/cloudfronts or whatever, were not so brittle due to the lack of market demand.

I have the impression they had a gold strategy for them but for some reason they rushed it too much and now they broke the market before they could profit from it.

I can imagine that if they didn't hoard their own resources to create scarcity artificiality, they would possibly have a stronger position in the market. I can only think they did this because (A) they know the current government will bail them out and (B) someone was worried that China could hoard those GPUs first.

But as I said, I don't understand much of the topic, but it seems to me they are try to get as much money as soon as possible and that looks scam-ish to me. They all put investment rounds too close to each other, started creating concerning stories and "rogue" AIs at the same time. Maybe I'm being too paranoid, but so far those guys have been pulling some hat tricks and I think I know who will pay the bill

Edit: Also I think the big ones artificially produced better numbers by doing massive layoff rounds. Depending on how those happen, it produces almost an immediate loss that can be smoothed, and then a peak on profit, and then we will see if their numbers keep up 2 or 3 quarter after that. Maybe I have trust issues, but man, this does smell weird.

Apple Silicon launched in Mac, the first couple iterations worked/sold great. By the launch of M3 market realized it wasn't a fluke and that x86 was dead but still fundamental due to deployment at the time

Flash forward a couple more years to now it's all about efficient model training which sucks on generic CPUs so everyone is buying and designing other chips

Two big consumer pivots over 4-5 years and boom ...they're IBM and handed lifelines to shore up chip manufacturing in the US for strategic reasons but Intel essentially manufactures rotary phones right now. Maybe the fab biz will get modern designs right. We'll see

I'm not sure it's quite like a meme stock, it's dropping because their earnings were below what was expected.

Intel isn't important though.

That's just one small event along the way, one that occurred many years after Intel started slipping enough for long enough that an iPhone was more powerful than an Intel laptop and after Intel's fabs failed to produce a useful new generation many generations in a row and after Intel acquired many companies just to spin down their products and after...