So they got all that money from Uncle Sam’s CHIPS Act only to lay off 10,000 employees and make themselves “lean”. Govt funded unemployment.

  • wootz
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    184 months ago

    Arm is worth 5.3bn USD and employs just over 8000 people. Intel is worth just over 100bn USD and employs 124,000 people.

    Nvidia is worth 42bn USD and employs 30,000 people.

    That makes Intel over twice as valuable as Nvidia with over four times as many employees.

    • @[email protected]
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      94 months ago

      Nvidia is worth 42bn USD and employs 30,000 people.

      Nvidia’s has a market cap 30x of Intel’s. So it could issue more stock to raise capital for a buyout. It’s not the company equity but the market cap that it needs to have money to purchase. Even a controlling stake of > 50% would give them defacto control. Of course governments & regulators would probably block it or force Nvidia to divest bits of itself, and that’s probably the greatest protection Intel has against such a scenario.

      But if Intel weakens further, it may well be someone else tries to acquire it. I bet a lot of companies would love to snaffle it up. It’s kind of ironic that Intel used to be the big dog in the semiconductor space but even AMD is bigger than it these days and are potentially many others who’d like buy it out. In fact, for all we know Intel might be shedding all these jobs to make it look more attractive to potential buyers.

      • @jacksilver
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        24 months ago

        The thing is that AMD and Nvidia are chip designers not chip makers. While Intel does design and print chips, the reason Intel is so critical (from US perception) is they own the foundries to make chips.

        AMD decided years ago to go fabless, as for Nvidia I’m not sure they want to own the fabrication process.

    • @jj4211
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      44 months ago

      Don’t understand your “worth” numbers, that’s generally market cap and those numbers don’t line up. The employee counts line up…

      100B is… close enough for Intel (though they have fallen to 95B). So $730,769 per employee

      ARM is $140B… So $20,000,000 an employee…

      nVidia is worth 2.7T… $90,000,000 an employee…