• peoplebeproblems@midwest.social
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    2 years ago

    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.

  • dfi@lemmy.nz
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    2 years ago

    This rumor sounds like a crypto pump and dump.

    Please buy Intel stock so we can sell ours!!

    • Nighed@feddit.uk
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      2 years ago

      I thought the cross licensing deal between AMD and Intel basically collapses if one gets bought out?

      So intel wouldn’t be able to make 64 bit processors any more?

  • VeganCheesecake@lemmy.blahaj.zone
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    2 years ago

    Look at the way Tesla collects and treats customer data, and the way Musk seems to unilaterally abuse his control over the companies he owns for personal reasons.

    Now think about the capabilities of the Intel Management Engine that pretty much every Intel CPU requires.

    Bad vibes, I say.

    For those feeling out of the loop, see here: https://en.m.wikipedia.org/wiki/Intel_Management_Engine

    Tldr - it’s a little always on processor, running a Minix OS, with direct access to all board devices including the Ethernet Controller.

    AMD has something similar in form of their Platform Security Processor.

  • Bakkoda@sh.itjust.works
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    2 years ago

    Imagine being a business willing to risk everything getting involved with this lunatic lol

    If businesses nowadays were people we’d have interventions for them or lock them up for their own sake.

      • john89@lemmy.caBanned
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        2 years ago

        Yep. Citizens’ United guaranteed that by allowing corporations to funnel an unlimited amount of money into campaigns.

        Just a heads up, if spending wasting egregious amounts of money didn’t influence the outcome of elections, why would people do it?

    • Modern_medicine_isnt@lemmy.world
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      2 years ago

      I worked at intel for a while. It deserves to be destroyed. But I live in an area with a lot of well off intel employees. It could tank my house value among other major impacts to the community. Like I am sure he would kill the matching donation stuff which would be a significant reduction of the amount of money non profits get in this area. So I hope the destruction is slow enough for other chip companies in the area to absord some of the workers.

        • jj4211@lemmy.world
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          2 years ago

          I work with some Intel folks… The place just seems terribly mismanaged and the tech world would probably benefit if the technical folks would work elsewhere.

  • ikidd@lemmy.world
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    2 years ago

    Who wants to get in bed with Elon so he drives the brand into the ground? How much has Fidelity written down their investment in Twitter, 80%?

  • Gammelfisch@lemmy.world
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    2 years ago

    If Leon buys Intel, then I will switch permanently to AMD or the loser is playing with the market.

    • cm0002@lemmy.worldOP
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      2 years ago

      switch permanently to AMD

      So glad I switched to AM5 on my last main gaming rig rebuild last year lol

    • sugar_in_your_tea@sh.itjust.works
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      2 years ago

      That’s a silly reason to pick a piece of tech IMO. I buy exclusively AMD because they offer great value, especially since they support their sockets for a long time. For their GPUs, they have fantastic drivers on Linux.

      I honestly don’t care who owns them, I care that the quality is good for the price. I don’t find that to be true for Tesla, so I don’t own one. If he buys Intel, that won’t change my opinion of their products, I’ll still avoid them because he value isn’t there.

  • Snot Flickerman@lemmy.blahaj.zone
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    2 years ago

    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.

    • philpo@feddit.org
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      2 years ago

      The problem is not your own setup - the fact that Intel is still huge in the server market (and very likely will be for a long time as AMD still is not up to their level in some applications) is the concerning issue.

    • pineapplepizza@lemm.ee
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      2 years ago

      I’m the short term it will be good for AMD, in the long term they will lose the need to invest in research and development, start cutting corners and up prices for sub par chips. Bad news for consumers.