arc

joined 1 year ago
[–] arc@lemm.ee 9 points 3 months ago (1 children)

Nvidia is worth 42bn USD and employs 30,000 people.

Nvidia's has a market cap 30x of Intel's. So it could issue more stock to raise capital for a buyout. It's not the company equity but the market cap that it needs to have money to purchase. Even a controlling stake of > 50% would give them defacto control. Of course governments & regulators would probably block it or force Nvidia to divest bits of itself, and that's probably the greatest protection Intel has against such a scenario.

But if Intel weakens further, it may well be someone else tries to acquire it. I bet a lot of companies would love to snaffle it up. It's kind of ironic that Intel used to be the big dog in the semiconductor space but even AMD is bigger than it these days and are potentially many others who'd like buy it out. In fact, for all we know Intel might be shedding all these jobs to make it look more attractive to potential buyers.

[–] arc@lemm.ee 54 points 3 months ago (3 children)

The US and Europe has become acutely aware that too much semi-conductor manufacturing has been outsourced to China and other Asian nations and they're trying to build some back domestically. So that's the geopolitical reason for it.

[–] arc@lemm.ee 9 points 3 months ago* (last edited 3 months ago) (5 children)

How long before Nvdia buys them, or at least tries to. Nvidia tried to buy Arm but got stopped by the UK government.

[–] arc@lemm.ee 0 points 3 months ago

So in my mind extremism is bad either way you go and it is not something that anyone should brush off and say “these left wing extremists are fine” because reality never works out that way. Extremism is monstrous either way.

I suspect "true" Communism is something you'll only find on the pages of a book. Because in reality it goes from being a revolution, to a party, to cliques, to a power struggle, to a purge, to a dictator. And people get shot, tortured, beaten and sent to death camps every step of the way.

[–] arc@lemm.ee 0 points 3 months ago (1 children)

The point I'm making, which I think is obvious and demonstrable, is extreme left aren't just do-gooders while the extreme right are evil. It's hard to think of any communist / marxist-leninist / whatever revolutions that weren't followed by purges, gulags, education camps, progroms or what have you. In some cases, the body count was in the millions, e.g. Pol Pot.

So in my mind extremism is bad either way you go and it is not something that anyone should brush off and say "these left wing extremists are fine" because reality never works out that way. Extremism is monstrous either way.

[–] arc@lemm.ee 13 points 3 months ago (37 children)

I think people who've enjoyed years under communist governments might disagree a little about the comparison here.

[–] arc@lemm.ee 40 points 3 months ago (7 children)

They need to do what BBC comedy show did one week when a politician guest didn't turn up and replace him with tub of lard.

[–] arc@lemm.ee 8 points 3 months ago* (last edited 3 months ago) (2 children)

It's definitely a lot slower. I remember working there and at lunchtime they'd be working the grills 24 down - basically double the usual capacity and that stuff was wrapped and put into the racks constantly. They'd try and make burgers to meet demand with a holding time by which the burger should be sold by or thrown into a red bin. Usually it worked fine and waste was minimal but I assume some beancounter thinks that system and red bin waste costs McDonalds more money than it does to waste 5-10 minutes of somebody's lunch break. If people get pissed off by the wait though they might consider going somewhere else - after all, if they're going to wait, why not in a place where something more substantial than a burger is being prepared.

[–] arc@lemm.ee 18 points 3 months ago* (last edited 3 months ago) (4 children)

I live in Ireland and I like McDonalds occasionally. But there is no doubt that there food is quite expensive and they aren't innovating. Once a month there will be some new burger which is usually just the same as a normal burger but with bacon or bbq sauce or some shit but it's just boring and lazy marketing. What is worse than the food is the entire ordering experience - those bullshit kiosks are very time consuming and aggravating to use and then because they're cutting staff you can look forward to a 5 or 10 minute wait for food to appear. I remember when I worked in McDs at peak periods you'd get your food almost as soon as you ordered it (unless it was a grill item) but not any more.

[–] arc@lemm.ee 12 points 3 months ago

"You see, gentlemen, not only have your own efforts failed, but you've rather queered the pitch for everyone else."

[–] arc@lemm.ee 0 points 7 months ago* (last edited 7 months ago) (1 children)

I think climate activists would just be better off doing what everyone else does - lobbying. Identify politicians who represent areas who would benefit from pollution controls, or green investment or whatever and push the message. Performative acts in front of cameras might feel good but it's a blunt tool to change policy. Some protestors such as "just stop oil" campaigners are so stupid that they actually help the causes they supposedly oppose.

[–] arc@lemm.ee 0 points 7 months ago (2 children)

I wonder what would happen if Putin straight up offered to cover his debts? I expect Trump would actually accept that offer and his idiot base would see nothing wrong with it if he did.

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