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Intel announces retirement of Pat Gelsinger

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Re: Intel announces retirement of Pat Gelsinger

#41

Post by Cumpiler69 »

NotYourLawyer wrote: post #26
Cumpiler69 wrote: post #15

Earlier quoted context omitted.

>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.

You don't need the AI boom. Gaming GPUs were already a decent money maker, then add the GPGPU boom.

Re: Intel announces retirement of Pat Gelsinger

#43

Post by not_your_vase »

Unfortunately not surprising, looking at the past year or so.

When he took over, I remember the enthusiasm and optimism, not only in business, but in hacker circles also. It's a pity it didn't work out. I wonder if it is even possible to save Intel (not trying to imply that "if Gelsinger can't do it, than no one can", just wondering if Intel is just doomed, regardless of what their management does).

Re: Intel announces retirement of Pat Gelsinger

#44

Post by Cumpiler69 »

bhouston wrote: post #23
Cumpiler69 wrote: post #15

Earlier quoted context omitted.

>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 th…

>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.

With this logic, Apple should have also stayed with making Macs when it had financial troubles in in 1999, since that's its focus, not venture into making stupid stuff like Mp3 players and phones, everyone knows that's the core focus of Sony and Nokia who will rules those markets forever.

Re: Intel announces retirement of Pat Gelsinger

#45

Post by highwaylights »

The market seems to think this is great news. I disagree strongly here, but I can see why traders and potentially the board thought this was the right move.

A lot of hate for Pat Gelsinger on Reddit and YouTube from armchair experts who don't really grasp the situation Intel were in or what was needed to turn the ship around, so if he was pushed it seems like it might be to pacify the (not particularly informed) YouTube/gamer community and bump the share price. That's all speculation, though.

I'd be interested to see who Intel intends to get to run the company in his place, as that would signal which audience they're trying to keep happy here (if any).

Re: Intel announces retirement of Pat Gelsinger

#46

Post by bee_rider »

merpkz wrote: post #9
hbfdhfdhadfhnfa wrote: post #4

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.

Another nice thing—it looked like Intel was lagging AMD in PCIe lane counts, until somewhat recently. I suspect selling GPUs has put them in the headspace of thinking of PCIe lanes as a real figure of merit.

Re: Intel announces retirement of Pat Gelsinger

#47

Post by NKosmatos »

mythz wrote: post #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…

Exactly, I was discussing this with a friend the other day. I'm sure there must be a market for high RAM GPUs, even if they're not as fast as NVIDIA GPUs.

Re: Intel announces retirement of Pat Gelsinger

#49

Post by Workaccount2 »

this_user wrote: post #33
LittleTimothy wrote: post #11

Difficult to see how this is anything other than a failure. I had high hopes when Gelsinger returned, but it seems that BK had done too much damage and Gelsinger didn't really get a grip on things. One of the things I heard that really highlighted the failure of this recovery was that BK had let Intel balloon in all sorts of ways that needed to be pared back and refocused, but head count under Gelsinger didn't just s…

They have made too many bad choices, and everyone else has been eating their lunch for the last few years. They are a non-factor in the mobile space where ARM architectures dominate. They are a non-factor in the GPU market where NVDA dominates ahead of AMD. They were focused heavily on data centres and desktop/laptop CPUs where ARM is also increasingly making inroads with more efficient designs that deliver comparabl…

The US government wants then making SOTA semiconductors. Biden wanted it and I highly suspect Trump will want it too.

Re: Intel announces retirement of Pat Gelsinger

#50

Post by alexey-salmin »

baq wrote: post #22
paxys wrote: 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.

With Brian it was damn too late if you ask me.
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