by cebert 5 hours ago
I’m wonder how much longer Intel will be around. It seems to be dying a slow death like Kodak or IBM at this point.
"death" can be pretty slow - IBM has $60B in revenue and 270K employees.
And their financial/stock performance has been pretty good the past couple of years.
I really have no idea how IBM is still in business, or the other big toxic techs like Oracle and Salesforce. Just goes to show I don’t know as much about the industry as I think.
They bought Red Hat, which has OpenShift and all their other "DIY Cloud" bits. This stuff is popular in government or old businesses that may have been slow to (or unable to for regulatory reasons) jump to AWS/GCP etc.
To say nothing of the banks and others still using the IBM big iron.
When Shakespeare wrote "cowards die many times before their deaths", he had Intel in mind.
> I’m wonder how much longer Intel will be around.
The government took an ownership stake in the company. Nvidia invested a few billion in the company. It's not going anywhere.
Lindy[1] will make sure it stays around for a while.
Intel still sells a ton of silicon.