I accepted an offer at amd that has better TC of 30k/yr (post sign on etc.) after accounting for no state tax in Texas. Trying to understand the hidden costs of the benefits at amd vs. those of intel. Appreciate the help so as to make final choice.
Intel is undergoing some really difficult times and I unfortunately don't see them making it out of this situation in one piece. I expect they will eventually spin off the foundry business in order to satisfy the wolves of wall st. Question is whether you are in a position to take advantage of the churn and move up at Intel - if so, maybe you are unique one of a few and you should stay.
You obviously don’t know how intel works. If some executive, unaware of what Intel’s strengths are, makes the stupid decision of separating foundry from the rest that would be the end of intel. I can bet that would not happen in the next 5 years at least .
I agree with you that being an IDM is what Intel's unique strength is. Being able to collaborate between process, integration, device and product is very valuable. However in the last 10 years, they have squandered this unique opportunity and have not been able to differentiate themselves vs the competition which has come at them from all sides -AMD, NVIDIA, Google / Meta / Apple building their own hardware and everything. They have not figured out a way to play to their strengths and unfortunately to make money in the semiconductor industry requires the scale of a foundry business so wall street is going to make them become a foundry business. Whether Intel still continues to try and also be an IDM without competing with it's customers remains to be seen
TC or GTFO
Job security concerns aside... My experience has been that intel work culture is a lot of beaurocracy and stagnation... Bunch of old people settled into their positions. Amd you will find is more chaotic, not much formal training, not much security and heirarchy. Its between a startup and a corporation mentality so you're gonna wear multiple hats
Pretty accurate
Nailed it for Intel.. Got clowns for execs while you guys have female Tom Brady of football, Messi of Soccer(Football for rest of the world) Lisa Su..
Totally agree, amd still feels like startups.
Take my advice… don’t relocate to Austin… I did last year and am suffering each and every day since… try to negotiate for the Bay Area As for AMD… don’t have very high expectations… They are enforcing RTO without enough cubes
Why not Austin? I'm seriously considering this owing to exorbitant monthly mortgages now if I buy new house. Weather aside, you get a good spacious house in Austin right? Maybe your priorities are different, but could you please enlighten me what are your reasons for regret, will be helpful for me. Thanks!
I am still debating and not very convinced moving to Austin at amd is the best decision. If intel was not dying I was happy here and progressing fast till everything went to shit. I am trying to find reasons to stay in PNW. I hope the earnings for intel are good and that pat announces some rewards even though I kind of know that it's wishful thinking.
I was at Intel before joining AMD in 2021. Intel has more benefits than AMD, so expect less on stuff like that. I felt the Medical/Dental/Vision and all additional benefits were cheaper and provided more than AMD. Even small things like the Hertz discount was better with that Intel account vs AMD. Also Intel has better IT. Get ready to type in your password a million times a day with our janky SSO. Also ready to be shocked how sad of a cafe Austin campus has. Even their vending machines are depressing.
You still have a job right. Many of us at Intel didn't when things went south. That's what matters the most in this market.
AMD did silent layoffs, no one is immune. Don't get me wrong the less benefits are fine since AMD stock has been doing good. I'm more jealous of my friends at NVIDIA!
Intels jewel WAS the fab… Just NOW they started charging between BU for expedited wafers and long tests times… Intel silicon test times are 9-12 minutes… they don’t have the customer base to subsidize R&D like TSMC does… I don’t foresee any recovery plan for Intel… I was there 10 long years… brain drain too deep
For which team ?