* Posts by RandomIdiot

10 publicly visible posts • joined 1 Feb 2020

Age discrimination layoff case against X granted class-action status

RandomIdiot

Re: So, Musk thinks over 50s aren't capable of doing a tough job....

"Born in the USA" - I know what you mean, but more accurately, one must be a "natural born citizen" of the USA, which has been accepted to include anyone who does not need to go through naturalization process to be a citizen of USA. Which means, for example, that Obama would have qualified even if he had been born in Kenya, as he would still have had a birthright to USA citizenship through his Mother.

What do we make of Apple's plan B for a down quarter – that $110B buyback of shares?

RandomIdiot

Investing for Growth

Another way to put it is that stock buyback shows the board and/or shareholder's lack of faith that the company itself has a good plan to use that cash to grow profits, which is consistent with the most recent news from Apple. Apple doesn't need all of their cash pile if just continuing incremental improvements in their current products.

US Air Force says AI-controlled F-16 fighter jet has been dogfighting with humans

RandomIdiot

Re: Great show.

Since before 1924? I knew all that WW2 dog fight film was faked for propaganda.

Intel scores $8.5B in government cheddar to supercharge fab builds

RandomIdiot

Facts

You are entitled to your own opinions, but not to your own facts.

Intel annual free cash flow for 2023 was $-14.279B

Intel annual free cash flow for 2022 was $-9.617B

(Morningstar)

Biden to inject Intel with CHIPS fab cash 'next week'

RandomIdiot

Except

Except that Intel hasn't bought-back any stock since Q1 2021 (the same quarter which Pat Gelsinger returned in the middle of). And he cut the dividend by 2/3. And the criteria around the CHIPS act discourages buybacks.

China bans export of rare earth processing kit

RandomIdiot

Re: Oops!

The OG Nazi's were prescient in one aspect of their plan, that the "final solution" would be permanent, like every other genocide, but any significant reprecusions for the future generations of the rest of the nation would be temporary (also the usual results of genocides). Many saw it as a personal sacrifice for their descendants.

Facing stiff competition, Intel's Lisa Spelman reflects on Xeon hurdles, opportunities

RandomIdiot

Re: Date: Tuesday, 19 December, 2023.

Why so pesimistic? 2023 3rd quarter GAAP profit was $0.07/share

No, I will not pay the bill. Why? Because we pay you to fix things, not break them

RandomIdiot

Sounds like another butt-sore Christian Nationalist snowflake.

Intel plunking down $20bn for at least two chip factories in Ohio

RandomIdiot

Re: It is all about the taxes

"The state of Oregon put a .57% tax on gross sales for businesses with over $1m in sales" .

Intel will only directly pay that tax on sales to customers in Oregon. Intel's suppliers to their Oregon sites will also be paying this tax on the payments they receive from Intel, so I imagine those suppliers may raise their prices, so it could be like an indirect sales tax to Intel. But Oregon has no regular sales tax, so 0.57% does not compare that unfavorably to states with regular/actual sales taxes.

Source:

https://www.oregon.gov/dor/programs/businesses/Pages/CAT/CATFAQ.aspx

"For example, the following items are excluded:

<...>

Sales of items or services that are delivered outside of Oregon "

Two startups enter, one leaves: Intel kills off much-delayed Nervana AI training chip, pushes on with Habana

RandomIdiot

Altera? Mobileeye? Maybe overstating your point?