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Intel announces retirement of Pat Gelsinger

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21–30 of 777 posts

Re: Intel announces retirement of Pat Gelsinger

#21

This is not good. We already know what happened when CFO took over. It was a time when Intel totaly lost control. They are gona get bought for penies. OMG Instead of saying to AMD they will be in the rearview mirror, they should have been paranoid. Not do stupid GPUs. and destroy others where it mattered

The AI revolution runs on GPUs. Intel needs every last bit of GPU experience and prowess it can get, otherwise it will continue to be left behind.

Re: Intel announces retirement of Pat Gelsinger

#22
post #7

> Intel Corporation (NASDAQ: INTC) today announced that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has stepped down from the board of directors, effective Dec. 1, 2024 Is it a "he retired" or a "we retired him"?

Rhetorical question.

Brian’s affair with an underling was also surprisingly conveniently timed back then.

Re: Intel announces retirement of Pat Gelsinger

#23

This is not good. We already know what happened when CFO took over. It was a time when Intel totaly lost control. They are gona get bought for penies. OMG Instead of saying to AMD they will be in the rearview mirror, they should have been paranoid. Not do stupid GPUs. and destroy others where it mattered

>Not do stupid GPUs Hard disagree here x100. Investing in GPUs in the time when Nvidia and AMD started to gouge the market is actually the best decision Intel did in recent times. It's the piece of semiconductor with some of the highest margins in the business and they already own a lot of the patents and IP building blocks to make it happen. The only stupid thing they did was not getting into GPUs earlier so they wo…

I think the issue is that Intel has a culture and focus. It is cpus. It is a large company and this is where the revenue comes from and it has momentum.

There are a lot of strategic shifts Intel could do but their timeline to paying off at the scale Intel needs is very long.

What I see is a bunch of endeavours that get killed off too quickly because they were not paying off fast enough and this creates mistrust in the community around Intel’s new initiatives that are not core that make them harder to succeed going forward. It is a bit of a death spiral.

Basically big companies find it hard to learn new tricks when their core offering starts to fail. The time to learn new tricks was a while ago, now it is too late.

Re: Intel announces retirement of Pat Gelsinger

#26

This is not good. We already know what happened when CFO took over. It was a time when Intel totaly lost control. They are gona get bought for penies. OMG Instead of saying to AMD they will be in the rearview mirror, they should have been paranoid. Not do stupid GPUs. and destroy others where it mattered

>Not do stupid GPUs Hard disagree here x100. Investing in GPUs in the time when Nvidia and AMD started to gouge the market is actually the best decision Intel did in recent times. It's the piece of semiconductor with some of the highest margins in the business and they already own a lot of the patents and IP building blocks to make it happen. The only stupid thing they did was not getting into GPUs earlier so they wo…

Yeah that was so stupid of them to not see into the future and predict AI.

Re: Intel announces retirement of Pat Gelsinger

#27
post #9

This is not good. We already know what happened when CFO took over. It was a time when Intel totaly lost control. They are gona get bought for penies. OMG Instead of saying to AMD they will be in the rearview mirror, they should have been paranoid. Not do stupid GPUs. and destroy others where it mattered

Are those GPUs really stupid? They seem like a great price for performance devices when ultra high level gaming is not the priority. EDIT: I personally always liked intel iGPUs because they were always zero bullshit on Linux minus some screen tearing issues and mumbo-jumbo fixes required in X11.

They can encode AV1 even. Really amazing, amazing chips for the price.

The "stupid" thing with them (maybe) is that they cannot do anything exceptionally good, and that while having compatibility problems. They are cheap yes, but there are many other chips for the same price, and while they are less capable, they are more compatible.

Make A380 cost 30% less or invest way more to the drivers and IMHO it'd been completely different.

Re: Intel announces retirement of Pat Gelsinger

#28

This is not good. We already know what happened when CFO took over. It was a time when Intel totaly lost control. They are gona get bought for penies. OMG Instead of saying to AMD they will be in the rearview mirror, they should have been paranoid. Not do stupid GPUs. and destroy others where it mattered

Intel without GPUs will be an ARM competitor. Maybe. With some luck. GPUs are existential for them. They’ve got 2 years.

Re: Intel announces retirement of Pat Gelsinger

#29
Well their stock is already in the dumps, they can't do much worse than they already have been.

Divesting from their discrete GPUs just as they were starting to become a viable value option was one of their most recent asinine decisions. No idea why they didn't try test the market with a high RAM 64GB+ card before bowing out to see how well they'd do. Nvidia's too busy printing money to add more RAM to their consumer GPUs, they'd have the cheap GPU VRAM market all to themselves.

Re: Intel announces retirement of Pat Gelsinger

#30
Not an insider, but this doesn't seem good. I more or less agreed with every call Intel's made over the past few years, and was bullish on 18A. I liked that Pat was an engineer. His interim replacements don't seem to have that expertise.

Intel wasn't doing great to start, but Pat put it on the path, potentially, towards greatness. Now even that is in major jeopardy.

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