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Intel to cut 20% of its workforce, Chen Liwu leads the Plummet with "15th Gen CPU on sale, overclocking warranty" to save dismal sales.
Bloomberg quoted sources familiar with the matter as reporting that chip giant Intel (Intel Corp. ) is preparing to announce large-scale layoffs this week, which is expected to cut more than 20% of employees, while there is also a rare big move in the consumer market. (Synopsis: Huang Jenxun smiled!) In response to AMD, Intel formed an x86 alliance against Nvidia and Arm: they did it very well) (background supplement: Intel is not saved? The 15th generation CPU was AMD 9800X3D "performance exceeds 104%" Blue Empire falls) Semiconductor giant Intel is brewing a major organizational restructuring plan, according to Bloomberg quoted news, is expected to officially announce the cut of more than one-fifth of the staff this week, this large-scale layoff is the new CEO Chen Liwu (Lip-Bu Tan) The first wave of major restructuring measures promoted after taking office, and the recent emergence of new promotions and consumer favorable policies in the consumer market, shows that Intel is making drastic reforms. Chen Liwu, who was appointed CEO in March, a veteran of Cadence Design Systems Inc., a semiconductor design automation tools company, succeeds Pat Kissinger, who was ousted last year, (Pat Gelsinger) his appointment comes at a time when Intel has serious market concerns. The former chip leader has gradually lagged behind in technology in recent years, especially AMD in the processor field, and was overtaken by competitors such as Huida (Nvidia) in the fast-growing artificial intelligence (AI) computing field, resulting in the company's sales declining for three consecutive years. And fall into the red. This follows a round of layoffs of about 15,000 people announced last year. At the end of 2024, Intel's total workforce was 108,900, down from 124,800 the previous year. Based on 108,900 people, a 20% layoff would mean more than 21,000 employees would be affected. Intel's representative declined to comment on the message. Consumer market policy changes: 15-generation CPU inventory Intel in the consumer market last year 14 processor oxidation and unusable disaster, so that Intel known for quality and stability, customer support down the altar, and last year launched the 15th generation processor Ultra 200S series is the first "performance regression" situation, so that consumers began to abandon Intel and choose to buy AMD processors. In the highly competitive German computer parts market, AMD achieved a 92% market share in January and February, although the revenue in the consumer market is not high in Intel's total revenue, but these deepened "Intel decay" impressions from ordinary consumers have deeply damaged investors' confidence in Intel. Taiwan also has a rare Intel 15th generation Ultra 200S discount promotion, trying to regain consumer confidence, recently launched the "overclocking warranty policy", as long as Intel officially provided "200S Boost" overclocking profile, through the Z890 motherboard specific BIOS that supports the profile to enable overclocking, you can still enjoy the 3-year limited warranty provided by Intel. According to Guanghua computer retailers, the recent low profile of blue manufacturers to retailers and consumers is a situation that has not been seen in the past fifteen years, but the industry also believes that in the market choice with limited efficiency, although the retail side pushes, it may still be difficult for consumers to pay for this "small reform" of Intel. Transformation pains: TSMC refuses to cooperate with Intel To return Intel to glory, in addition to the competitiveness of processors and AI, the semiconductor process may be a more critical part, former CEO Kissinger has tried to promote ambitious transformation plans, including costly factory expansion projects (such as the Ohio factory plan, originally expected to become the world's largest chip production center), and seek to transform Intel into a foundry manufacturer, seeking to become the second largest wafer foundry after TSMC. But in conclusion, this may have increased the company's financial burden, and Intel has now delayed most of its expansion plans. In addition, Intel originally hoped for financial support from the (Chips and Science Act) of the 2022 Chip and Science Act in the United States, but the plan is currently in an uncertain state under the Trump administration. In recent months, the market has been highly concerned about the possibility of manufacturing cooperation with TSMC, seems to be getting smaller and smaller, TSMC CEO Wei Zhejia recently said that the company will focus on its own business, there is no intention to cooperate to establish a subsidiary, which also makes the outside world on the US layout of semiconductor strategy, whether Intel is still important, there is still a lot of uncertainty. Intel is scheduled to release its first-quarter earnings report on Thursday (April 25), when the new CEO Chen Liwu is expected to have the opportunity to explain a more detailed reform strategy to investors, and this is also the first test for Chen Liwu. Extended reading: TSMC law says it will refute "cooperation with Intel", Wei Zhejia: technology will never leak out, there is no joint venture plan Related reports The US government "supports Intel" to promote the localization of AI chips, Huang Jenxun: TSMC is very good, but not the only Intel is saved? It is rumored that Apollo is willing to invest $5 billion to help Intel turn over Apple iOS 18.2 will be deeply integrated ChatGPT When will it open in Chinese? Apple Intelligence highlights once looked at "Intel layoffs 20%, Chen Liwu took the lead in diving "15th generation CPU special, overclocking warranty" rescue dismal sales" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".