Posted on 11/11/2017 2:22:53 PM PST by Swordmaker
The battle over the red-hot graphics chip market just got more interesting.
Intel announced on Wednesday it hired the former head of AMD's graphics business and will start a new high-performance graphics group inside the company.
Raja Koduri was named Intel's chief architect and senior vice president of the newly formed Core and Visual Computing Group and general manager of a new initiative to drive edge computing solutions.
"In this position, Koduri will expand Intel's leading position in integrated graphics for the PC market with high-end discrete graphics solutions for a broad range of computing segments," the company said in a news release.
Shares of AMD fell 5 percent following the report. Nvidia and Intel stock fell 1.8 percent and 0.9 percent, respectively.
Look for the lawsuits soon after claiming Intel used AMD technology for it’s chips.
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Apparently AMD did not make this engineer sign a non complete
clause in his contract. Should have been for at least 3-4 years.
Compete.
I read something interesting earlier today about shares in graphics processor companies being inflated due to cryptocurrency mining and that the deflation of Bitcoin combined with increased rewards on mining has caused a decrease in demand.
I’m not sure if that is an accurate assessment, but apparently amongst crypto miners, there is widespread use of GPUs to do the processing.
Take it for what it is worth, I don’t know enough about either GPUs or crypto to hash (pun intended) whether or not it is true.
Buy NVDA on ANY weakness. It is riding the BitCoin wave to $25,000
If hes in California, non-compete clauses arent worth spit.
My position is 30 shares.
I aquired at 164.00
Both Intel and AMD are headquartered in California which prohibits such post employment non-compete clauses.
"Non-Compete Agreements are Void in California. In most other states, reasonable non-compete agreements are enforceable. Practically speaking, this means that employers and employees cannot determine whether a particular non-compete agreement is enforceable without a costly legal battle. RHD Law, Jun 4, 2014
So AMD hasn’t been able to compete with Intel in CPU’s, and hasn’t been able to compete with nVidia in GPU’s. So bringing this guy in obviously hurts AMD, but helps Intel how exactly? Maybe with Intel’s money he can do more? I’m lost on this one. I think this is more about Intel trying to protect their CPU business and (maybe) upgrade their crap integrated graphics.
“I read something interesting earlier today about shares in graphics processor companies being inflated due to cryptocurrency mining and that the deflation of Bitcoin combined with increased rewards on mining has caused a decrease in demand.”
GPUs aren’t used to mine Bitcoin, but instead some of the other cryptocurrencies. There was a major surge in interest a few months ago, and I think that’s leveled off at this point. I doubt it will really slow down for a little while at least...
Nvidia - NVDA stock is way up.
See 1 year chart.
https://finance.yahoo.com/quote/NVDA?p=NVDA
See the $10.85 jump in 1 day on Friday.
What ever help he may be, anything he can do will take months or perhaps even a couple of years before it bears fruit. He is, after all, only one man. Perhaps he can attract more talent from AMD, but that still takes time.
Also, as pointed out above, there seemed to have been claims that Intel and AMD were planning some joint efforts. I wonder how this poaching of AMD's lead guy will affect those plans?
As I said, it will lead to some interesting things in the future. . . whichever way it goes.
Oh okay. That gives some perspective to what I read. I almost certainly misread it. I’m a novice when it comes to cryptocurrencies.
Are you attempting to mischaracterize what I wrote again? The ONLY thing that I wrote that smacks of anything editorial is "This should make things more interesting in the future of graphic processor competition."
Do you CHALLENGE that assessment?
It certainly is a true statement whether this is part of furthering a formation of a partnership between Intel and AMD, or Intel stabbing AMD in the back after pretending to form a partnership while actually approaching their employees during talks, or totally irrelevant to either of those possibilities . . . it will STILL be interesting in the future.
The most effective bit mining rig today is an Android rig that uses 288 graphic SoC processor chips working in tandem all in one computer. It's basically a miniature supercomputer using the 288 graphic processors to mine for the cryptocurrencies. They cost about $2500 apiece without power supplies and cooling fans.
Pay back time a month ago on that rig was a little over three to six months. . . depending on which cryptocurrency you were mining. . . at a return of $400 to $700 per month. It is likely higher in return now.
Why so defensive?
The fact is that, what you wrote or quoted, was not the complete set of facts. If you omit the complete story, you are in effect, lying. There are many ways of lying, and omitting the whole story or the complete story, is a form of lying. That’s a well-known and preferred tactic of the liberal press and liberal politicians.
If you’re going to quote from another story or article, at least try to explain the true meaning of the contents of the story. Just stating that “this should make things more interesting” is no kind of explanation at all.
AMD is lagging behind NVIDIA when it comes to discrete video cards. Not sure how big of a news this is. Now when it comes to integrated APU’s AMD definitely has a leg up on Intel’s week offerings.
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