this post was submitted on 02 Aug 2024
1095 points (99.2% liked)

Technology

60008 readers
3730 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
1095
Intel's stock drops 30% overnight —company sheds $39 billion in market cap | As of now, Intel's market value is a fraction of Nvidia's worth and less than half of AMD's (www.tomshardware.com)
submitted 4 months ago by ForgottenFlux to c/technology
273 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] solrize 1 points 4 months ago (1 children)

I hardly ever transcode at home. I mostly use ffmpeg on a crappy old i5 server that I use for other beataround stuff too. I tend to do that in batch mode and it's fast enough for my purposes. That's an approach to consider. Or you could spin up Intel VM's as needed on Hetzner unless you're doing a totally ridiculous amount of transcoding.

[–] [email protected] 4 points 4 months ago (1 children)

I need on-location transcoding because my internet is garbage (~50 mbps). Sometimes my users need to transcode the show if the bit rate of the file is too high for my internet to keep up.

[–] solrize 3 points 4 months ago (1 children)

Wait you're literally serving other users from a home internet? Oh man, get a VM or some colo space or something. Or faster internet. Your internet is much faster than mine and one reason I transcode remotely is to drop the bit rate enough that I can download the transcoded version without waiting all day.

[–] [email protected] 2 points 4 months ago

I mean, I can stream 4K HDR if the player supports the video format, but clients don't always jive well with whatever Radarr decided. I know I can fine tune it but everything works well enough right now and I don't have time to change it.

I move around too much to do colocation. A VPS/VM isn't worth the cost to me. My server is all old parts and I don't pay for power usage.