this post was submitted on 18 Jan 2025
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[–] [email protected] 41 points 2 days ago* (last edited 2 days ago) (1 children)

https://markets.businessinsider.com/news/stocks/elon-musk-buying-intel-could-be-poor-outcome-says-citi-1034241743

This is the only reputable outlet that had anything to say about it.

They reference SemiAccurate as the source, which I have not heard of before, but seems to have a solid track record with accurate reporting.


GET. FUCKED. MUSK.

I have to say, having an all-AMD setup makes me feel slightly okay today, even though AMD is just another shit company. At least it's not in the running to be owned by that fucking tool.

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[–] maplebar 31 points 2 days ago

Holy fuck no thank you

[–] [email protected] 25 points 2 days ago (1 children)

Everyone is focusing on Musk but uh, Global Foundries wants to be involved in buying Intel?

The same Global Foundries that's utterly incapable of progressing their tech stack?

The one AMD created when they got rid of their foundries and was happy to do so?

That amuses the shit out of me.

[–] TheGrandNagus 15 points 2 days ago* (last edited 2 days ago)

AMD wasn't quite "happy" to sell their fabs, it was necessitated because they were facing bankruptcy. People forget but the prevailing opinion was that AMD was going to bankrupt within a few years.

Their pre-Su CEO, Rory Read, often gets shit online for being there during a bad period, but he made some difficult and necessary decisions that saved AMD. Part of that was the GF selloff.

I highly doubt Global Foundries is even in the position to buy Intel, they'd most likely want to give them a cash infusion in exchange for tech or for selling fabs (which intel would probably accept, since their fabs are currently under-utilised... in other words they have too much capacity, and yet are still building more because Chips Act says they have to). That would be good for GF.

[–] [email protected] 16 points 2 days ago (1 children)

You don't need to buy an entire company to control or profit from it... He's really that dumb isn't he. He could do the whole Black Rock thing and control every company in the world, instead he has this idea of just owning everything.

I'm starting to suspect the price speculation of things he owns is by his own hand, nothing to do with the market whatsoever.

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[–] DarkCloud 25 points 2 days ago* (last edited 2 days ago) (1 children)

Yep, he'll do it, the Trump administration will rubber stamp it. He'll probably just keep doing such. Who knows what will happen when someone has all the money on the planet.

...I guess that person's lineage just rules supreme however they like?

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[–] [email protected] 14 points 2 days ago

Let's hope it's just another wccftech article pulled out of author's anus...

[–] [email protected] 18 points 2 days ago* (last edited 2 days ago)

Lmfao oh man because AMD wasn't encroaching enough on intels market share, make your brand even more political than it already is. Hitching their trailer to a beneficiary of apartheid is notoriously on brand for them though, so there's that.

[–] Freefall 5 points 1 day ago

Where did I see the "rule" of comic books where the main villain starts as a good guy and after a friend of the hero....

[–] ThePowerOfGeek 13 points 2 days ago (6 children)

As if Intel doesn't have enough problems. That dipshit buying them would probably destroy them.

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