this post was submitted on 02 Aug 2024
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[–] Lovely_sombrero@hexbear.net 119 points 4 months ago* (last edited 4 months ago) (9 children)

It is indeed!

Intel's 15,000 layoffs, citing "margins are too low," comes five months after the Biden administration's CHIPS Act gave it an $8.5 billion gift, $11 billion in favorable loans, and $25 billion in tax cuts, on the promise to hire 10,000 people.

https://x.com/loomdoop/status/1819237197473894749

P.s.: if you have an Intel 13th/14th gen chip, especially an i7 or i9, check for BIOS updates and underclock it in order to prevent permanent degradation.

[–] SacredExcrement@hexbear.net 34 points 4 months ago* (last edited 4 months ago)

Also PSA: Some of the intel 13th and 14th gen chips can develop corrosion because the materials used in their construction were contaminated/improperly formulated

[–] ashinadash@hexbear.net 28 points 4 months ago (1 children)

P.s.: if you have an Intel 13th/14th gen chip, you are a nerd lol

[–] RION@hexbear.net 18 points 4 months ago (1 children)

as opposed to gigachads like myself on Alder Lake, right anakin-padme-2

right anakin-padme-4

[–] ashinadash@hexbear.net 12 points 4 months ago

Buying an Intel product new is nerd behaviour soz. I told people about those hybrid CPUs.

[–] Des@hexbear.net 23 points 4 months ago

damn i remember when long ago i felt like trash for using only AMD chipset for my PC builds

who's the trash nowwwww/?????

[–] LanyrdSkynrd@hexbear.net 21 points 4 months ago

I think if I had one of the affected chips, I'd want it to fail while they're still replacing them for free. It sounds like the various measures data center people are using are only slowing the degradation, not eliminating it. Maybe I'd wait until it's clear the issue is not in the replacement chips though.

The high failure rates that have been reported are in situations where the chips are working hard 24/7. I think for most home users, were not going to see the failures for a few years, which is exactly what Intel is counting on by not doing a full recall.

[–] Gucci_Minh@hexbear.net 21 points 4 months ago

These stupid chips are so overvolted out of the factory too, I dropped mine by 150mv and it's still completely stable and running a lot cooler. It's like they expected every motherboard manufacturer to use bottom of the barrel vrms or something.

[–] Speaker@hexbear.net 18 points 4 months ago

More like DIPS Act, boom, roasted.

[–] WashedAnus@hexbear.net 14 points 4 months ago* (last edited 4 months ago) (1 children)

According to NIST (National Institute of Standards and Technology), "Updated July 26, 2024"

CHIPS Incentives application stage: Due diligence

Payments have not been disbursed yet. The money is supposed to be disbursed when the fabs are producing chips, IIRC, and they have barely started moving tools into one of the fabs. The article linked in the X.Com The Everything App post you linked says the payments and loans were announced. One of the big sticking points of the act was the government didn't want to Foxconn it, so they tied payment to completion. According to NIST, they haven't paid anyone shit yet.

A bigger chunk of their shit earnings can be blamed on Brandon prohibiting them from selling chips to the largest market in the world.

[–] Lovely_sombrero@hexbear.net 4 points 4 months ago

They are still getting most of the tax cuts and other stuff. Just maybe not the $15 billion for the actual factories, but I also expect them to get a lot of that $$$ in the end. The Biden (or whoever wins in 2024) government can basically do whatever they want at any point.

[–] FiniteBanjo 1 points 4 months ago

TBF though its looking like they'll have to give back all of that money on short notice. Unless we forgot to add consequences and oversite like the PPP loans.