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Browsers and AI PC (Read 1444 times)
Oldfeller--FSO
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Re: Browsers and AI PC
Reply #75 - 11/02/24 at 23:53:17
 

NEWS OF TODAY

Intel has been delisted from the S&P 500.

Intel is no longer a major player in the US stock market.


SO, Wall Street simply says "Intel sucks" in essence ......
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« Last Edit: 11/03/24 at 13:17:05 by Oldfeller--FSO »  

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Re: Browsers and AI PC
Reply #76 - 11/09/24 at 20:01:10
 

https://www.pcgamer.com/hardware/processors/new-class-action-lawsuit-alleges-...

The EU already wants Intel to buy you a complete new replacement machine that can actually do the performance level that was originally advertised for these two generations of Intel machines.   Issue is that Intel has no processor at all that does this level of performance and if they did make one it will not plug into the old motherboard and memory, etc. etc.

We see Intel maneuvering for a bankruptcy break up that will allow the current "Intel" to carry these debts off into never never land while keeping Intel's brand new tech and new designs rolling along under a new brand name .......

Class actions in the USA and EU are smart enough to thwart these Intel avoidance efforts.

There are 3 main lawyer groups collecting participants to support their class action suits in hopes of collecting some of Biden's Intel bucks before they are all gone.   The tag end of the Biden Administration has now cut off all current gov. payments to Intel so they don't get sucked up in these class action lawsuits.

Intel has internal stockholder class actions against them from their own stockholders wanting their payouts before all the money goes out to the public at large.

Morris Chang at TSMC just cut Intel's future off cold turkey when he chopped Intel's allocations off massively and cut Intel's discount pricing rate massively due to "disrespectful actions" based on comments made by Intel's struggling CEO Pat Gelsinger.

Germans are very angry with Intel for dropping all construction activity on building their German foundry, and are now refusing to buy a single Intel processor accordingly.   "Taking the money and run" in this case is going to hurt Intel tremendously in the long run.


===================================================


Further info:
https://www.tomshardware.com/pc-components/cpus/intel-slapped-with-class-acti...

Intel slapped with class action lawsuit for Raptor Lake CPU instability issues — chipmaker accused of consciously selling defective chips

CPU replacement is not enough.


This week, a class action lawsuit was filed against Intel in a federal court. The plaintiff, Mark Vanvalkenburgh, accuses Intel of knowingly selling defective 13th Generation Raptor Lake and 14th Generation Raptor Lake Refresh processors. The plaintiff seeks damages and, in the alternative, restitution. Lawyers from Dovel & Luner expect other Intel customers to join the class action. There are some catches with this lawsuit.

The lawsuit, filed in San Jose, California, comes from Mark Vanvalkenburgh of Orchard Park, New York, who purchased an Intel Core i7-13700K processor in January 2023. According to the complaint, Vanvalkenburgh encountered frequent problems, including sudden screen blackouts and unexpected computer restarts. This summer, he attempted to apply an Intel patch intended to fix stability issues in the company’s Raptor Lake CPUs, but this solution failed to resolve the malfunctions.

“After purchasing the product, Plaintiff learned that the processor was defective, unstable, and crashing at high rates,” the lawsuit reads. “The processor caused issues in his computer, including random screen blackouts and random computer restarts. These issues were not resolved even after he attempted to install a patch issued by Intel for its 13th Generation processors. As a result, he did not get what he paid for. Had Plaintiff known the truth about the product, he would not have bought the product or would have paid less for it.”

The plaintiff asserts that Intel was aware of the instability problems with Raptor Lake CPUs before his purchase. He claims that the company’s internal testing, conducted before and after the processors’ release, revealed these defects. Despite this, Intel allegedly continued to market the processors as high-performance products without disclosing any potential for instability, raising accusations of fraud, breach of warranty, and violation of New York consumer protection laws.


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« Last Edit: 11/10/24 at 15:14:01 by Oldfeller--FSO »  

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