Bloody hell, what a mess Intel has become. Reading about their CEO basically throwing in the towel and admitting they’re “too late” to catch up with AI competition while laying off thousands of workers has got me properly wound up this morning. It’s like watching a slow-motion car crash, except this particular wreck has been decades in the making.

The whole thing reads like a textbook case of what happens when you prioritise quarterly profits over long-term vision. Someone in the discussion thread hit the nail on the head – all those billions spent on stock buybacks could have been invested in R&D to keep them competitive. Instead, they chose to juice their share price while TSMC, NVIDIA, and AMD ate their lunch.