Intel’s stock dropped around 30% overnight, shaving some $39 billion from the company’s market capitalization since rumors of a pending layoff first emerged. The devastating results come after the chip giant reported a loss for the second quarter, complained about yield issues with the Meteor Lake CPU, provided a modest business outlook for the next few quarters, and announced plans to lay off 15,000 people worldwide.

When the NYSE closed on July 31, Intel’s market capitalization was $130.86 billion. Then, a report about Intel’s massive layoffs was published, and the company’s market capitalization dropped sharply to $123.96 billion on August 1. Following Intel’s financial report yesterday, the company’s capitalization dropped to $91.86 billion. Essentially, Intel has lost half of its capitalization since January. As of now, Intel’s market value is a fraction of Nvidia’s worth and less than half of AMD’s.

As Intel’s actions look rather desperate, analysts believe that Intel’s challenges are existential. “Intel’s issues are now approaching the existential,” Stacy Rasgon, an analyst with Bernstein, told Reuters.

  • jws_shadotak@sh.itjust.works
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    4 months ago

    Does AMD have anything to compete with Intel QSV? I’m looking to upgrade my Plex server and was looking at a newer Intel CPU.

    • Justin@lemmy.jlh.name
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      4 months ago

      The latest AMD cpus do have transcoding, but Amd transcode isn’t very good and isn’t very compatible with Linux.

      You can pick up an Intel A310 single slot GPU for $100 and it has AV1 encode, which is something that the igpu QSV doesn’t have. Works very well in my Epyc motherboard with 76 pcie lanes. I definitely recommend going with an ATX 1st gen Epyc cpu+motherboard if you want something that can do NVMe raid.

      • sanpo@sopuli.xyz
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        4 months ago

        Amd transcode isn’t very good and isn’t very compatible with Linux

        It’s compatible just fine. But the quality… well, it’s not the worst, but definitely not the best quality.

        • schizo@forum.uncomfortable.business
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          4 months ago

          Politely, not the worst compared to what, exactly?

          It’s way worse than qsv, nvenc, x264 or x265 which are basically the only hardware or cpu options you’re likely to run into doing plex transcoding.

          • sanpo@sopuli.xyz
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            4 months ago

            I don’t have QSV or NVENC hardware to compare, but AMD is perfectly fine in most cases.
            I mostly noticed quality drop with very busy scenes and some scene transitions.
            Outside of those the quality was acceptable.

            I’d say on my setup it’s comparable to software encoding with x264 veryfast preset.

            And my GPU is 5 years old now, so I’m sure newer cards have improved.

            • schizo@forum.uncomfortable.business
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              4 months ago

              Lower quality at any given bitrate was my experience too. For local stuff it didn’t really matter: if I could do 3x the bitrate to get the same quality, then meh, who cares.

              If you’re streaming/doing shit over the internet/encoding for something like Youtube, though, it’s uh, not a good tradeoff because you can’t necessarily even make that tradeoff.

          • Justin@lemmy.jlh.name
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            4 months ago

            I think AMF is still faster/better quality than CPU transcoding, depending on the preset.

      • JuvenoiaAgent@lemmy.ca
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        4 months ago

        You can pick up an Intel A310 single slot GPU for $100 and it has AV1 encode, which is something that the igpu QSV doesn’t have.

        That’s still an Intel product though…

        • Justin@lemmy.jlh.name
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          4 months ago

          It’s the best option on the market right now and the most compatible one. The drivers are owned by the Linux Foundation, and there are no known hardware bugs with Intel GPUs, unlike with Intel CPUs. You have so much flexibility; Buying an Intel GPU doesn’t prevent you from using another CPU, even GPU-less AMD Epyc CPUs that have the cheapest PCIe/$. All you need is a PCIe slot and you get all the benefits of Intel with none of the drawbacks.

          I’m a bit of an AMD fanboy sometimes and I own AMD stock, but the A310 can’t be beat for Jellyfin transcoding. If you really hate Intel, keep in mind that Intel probably loses money on every GPU they sell 😉

    • BombOmOm@lemmy.world
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      4 months ago

      AMD have anything to compete with Intel QSV

      I believe AMD VCN does the same thing. Though I haven’t looked into it. AMD chips also have pretty decent onboard video cores, so you might be able to do hardware accelerated encoding that way too.

      was looking at a newer Intel CPU

      Just stay away from Intel 13th and 14th gen chips. They have oxidation issues from the factory and are also over-volting themselves. The former is unfixable and the latter causes unfixable damage.

    • CCMan1701A@startrek.website
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      4 months ago

      I find software reencoding/remux instead of doing it on the fly is easier for my brain to manage over alignment of the hardware stars.

      • jws_shadotak@sh.itjust.works
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        4 months ago

        Eh… I will probably go with a used 9th or 10th gen i7 or something. Intel still gets no money and I get a good CPU.

        • CCMan1701A@startrek.website
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          4 months ago

          That’s true as well. I’m using an older 7th gen Intel for remuxing, but do software AV1 encodes which take like 11 hours lol

    • czardestructo@lemmy.world
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      4 months ago

      I use the onboard CPU of my ryzen 5600g for my jellyfin and nextcloud (memories app) duties and it works flawless.

    • solrize@lemmy.world
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      4 months ago

      I hardly ever transcode at home. I mostly use ffmpeg on a crappy old i5 server that I use for other beataround stuff too. I tend to do that in batch mode and it’s fast enough for my purposes. That’s an approach to consider. Or you could spin up Intel VM’s as needed on Hetzner unless you’re doing a totally ridiculous amount of transcoding.

      • jws_shadotak@sh.itjust.works
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        4 months ago

        I need on-location transcoding because my internet is garbage (~50 mbps). Sometimes my users need to transcode the show if the bit rate of the file is too high for my internet to keep up.

        • solrize@lemmy.world
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          4 months ago

          Wait you’re literally serving other users from a home internet? Oh man, get a VM or some colo space or something. Or faster internet. Your internet is much faster than mine and one reason I transcode remotely is to drop the bit rate enough that I can download the transcoded version without waiting all day.

          • jws_shadotak@sh.itjust.works
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            4 months ago

            I mean, I can stream 4K HDR if the player supports the video format, but clients don’t always jive well with whatever Radarr decided. I know I can fine tune it but everything works well enough right now and I don’t have time to change it.

            I move around too much to do colocation. A VPS/VM isn’t worth the cost to me. My server is all old parts and I don’t pay for power usage.