Intel's stock drops 30% overnight —company sheds $39 billion in market cap
www.tomshardware.com
Tough times ahead.

Intel’s stock dropped around 30% overnight, shaving some $39 billion from the company’s market capitalization since rumors of a pending layoff first emerged. The devastating results come after the chip giant reported a loss for the second quarter, complained about yield issues with the Meteor Lake CPU, provided a modest business outlook for the next few quarters, and announced plans to lay off 15,000 people worldwide.

When the NYSE closed on July 31, Intel’s market capitalization was $130.86 billion. Then, a report about Intel’s massive layoffs was published, and the company’s market capitalization dropped sharply to $123.96 billion on August 1. Following Intel’s financial report yesterday, the company’s capitalization dropped to $91.86 billion. Essentially, Intel has lost half of its capitalization since January. As of now, Intel’s market value is a fraction of Nvidia’s worth and less than half of AMD’s.

As Intel’s actions look rather desperate, analysts believe that Intel’s challenges are existential. “Intel’s issues are now approaching the existential,” Stacy Rasgon, an analyst with Bernstein, told Reuters.

  • sanpo@sopuli.xyzEnglish
    23·
    4 months ago

    Amd transcode isn’t very good and isn’t very compatible with Linux

    It’s compatible just fine. But the quality… well, it’s not the worst, but definitely not the best quality.

    • schizo@forum.uncomfortable.businessEnglish
      101·
      4 months ago

      Politely, not the worst compared to what, exactly?

      It’s way worse than qsv, nvenc, x264 or x265 which are basically the only hardware or cpu options you’re likely to run into doing plex transcoding.

      • sanpo@sopuli.xyzEnglish
        4·
        4 months ago

        I don’t have QSV or NVENC hardware to compare, but AMD is perfectly fine in most cases.
        I mostly noticed quality drop with very busy scenes and some scene transitions.
        Outside of those the quality was acceptable.

        I’d say on my setup it’s comparable to software encoding with x264 veryfast preset.

        And my GPU is 5 years old now, so I’m sure newer cards have improved.

        • schizo@forum.uncomfortable.businessEnglish
          4·
          4 months ago

          Lower quality at any given bitrate was my experience too. For local stuff it didn’t really matter: if I could do 3x the bitrate to get the same quality, then meh, who cares.

          If you’re streaming/doing shit over the internet/encoding for something like Youtube, though, it’s uh, not a good tradeoff because you can’t necessarily even make that tradeoff.

      • Justin@lemmy.jlh.nameEnglish
        1·
        4 months ago

        I think AMF is still faster/better quality than CPU transcoding, depending on the preset.