Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

A message from Intel CEO Lip-Bu Tan to all company employees

newsroom.intel.com

Post reply on HN
Print view View original

161–170 of 274 posts

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#161

Post by cyberax »

hedgehog wrote: post #147
jordanb wrote: post #130

Earlier quoted context omitted.

Fixing how? His first major act is to fire 20% of employees, refocus on old technology (smt) and deprioritize next gen (14a) process development. This is tantamount to surrendering as a leading foundry.

Fixing the willful ignorance that the market structure today is very different from 20 years ago. Process leadership and volume leadership are tightly coupled, and no integrated chip company will again have volume leadership. Intel's historical margin power built on a combination of monopoly on performance (in some markets) and superior economies of scale, that's not coming back. The question is not whether they can…

> Fixing the willful ignorance that the market structure today is very different from 20 years ago

Indeed. And his first action was to diss their own AI efforts. Because AI is just some niche area that they can ignore.

Just as Battlemage GPUs were getting decent reviews and sold above the MSRP.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#162

Post by versteegen »

rootjknak wrote: post #145
tlogan wrote: post #90

Earlier quoted context omitted.

> If true … I don’t know about his investments, but one fact is clear: he was CEO of Cadence Design Systems, which has just pleaded guilty to federal charges for exporting technology to China. That alone should make him ineligible to lead a company with major government contracts. If he resigns (and he will), the board should go with him.

Intel board members: Frank Yeary, managing member Darwin capital advisors James Goetz, partner Sequoia Capital Andrea Goldsmith, dean of engineering Princeton University Alyssa Henry, former square CEO Eric Meurice, former CEO ASML Barbara Novick, cofounder BlackRock Steve Sanghi, CEO microchip Gregory Smith, former CFO Boeing company Stacy Smith, chair of Autodesk Dion Weisler, former CEO HP There are a lot of peopl…

"Should not be" is too harsh, you should have diversity on a board, not only people from that single industry, but maybe you mean "too many". Presumably the investor-appointees have broad experience with many other companies. The type of people who should know how to hire a CEO.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#163

Post by johnnyanmac »

os2warpman wrote: post #123
soganess wrote: post #94

Earlier quoted context omitted.

I don't really understand this. Intel was (and arguably still is) too large relative to its current technical capabilities. Yet even in this current “bad chips” era, Intel is only, at worst, about 10% behind in gaming performance (largely due to cache disparity) and is on par or better in most other workloads. From the K10 era until Zen 3, AMD processors were objectively worse (sometimes comically so) and AMD still m…

> Yet even in this current “bad chips” era, Intel is only, at worst, about 10% behind in gaming performance (largely due to cache disparity) Gaming is irrelevant. For AMD, gaming (both console and PC combined) is less revenue than embedded-- things like those routers you can get off of aliexpress and Synology NASes. Enterprise, cloud, and AI are the only things that matter, and even enterprise is falling off. Back in…

Gaming is still a multi billion dollar industry, and touches into all the other aspects you mentioned as well. Losing out to AMD for Xbox/Playstation was definitely a costly loss.

>Look at Nvidia. Gaming went from their cash crop to burdensome baggage in just a couple of years.

Yes, marking up your consumer hardware by 4-5x to appeal to crypto miners surely does have an effect on your market. Arguably, AI saved them from a crash due to their over investment on Crypto/NFTs. It's not like gaming demand diminished this decade.

Gaming isn't THE way out. But it's one avenue to consider. It does seem like companies c. 2025 prefer to fall into the AI bubble, though.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#164

Post by poemxo »

soganess wrote: post #94
DiabloD3 wrote: post #11

This guy might be the last CEO of Intel.

I don't really understand this. Intel was (and arguably still is) too large relative to its current technical capabilities. Yet even in this current “bad chips” era, Intel is only, at worst, about 10% behind in gaming performance (largely due to cache disparity) and is on par or better in most other workloads. From the K10 era until Zen 3, AMD processors were objectively worse (sometimes comically so) and AMD still m…

"in the x86 space", otherwise you would have to acknowledge that M4 far outpaces any intel iGPU.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#165

Post by dismalaf »

jordanb wrote: post #130
hedgehog wrote: post #107

Earlier quoted context omitted.

Livid about the problem or livid that they're talking about axing the first CEO in decades that might have a shot at fixing the problems?

Fixing how? His first major act is to fire 20% of employees, refocus on old technology (smt) and deprioritize next gen (14a) process development. This is tantamount to surrendering as a leading foundry.

You got this wrong. He's de-prioritizing 18a in order to leapfrog to 14a.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#166

Post by johnnyanmac »

lovich wrote: post #133
os2warpman wrote: post #123

Earlier quoted context omitted.

> Yet even in this current “bad chips” era, Intel is only, at worst, about 10% behind in gaming performance (largely due to cache disparity) Gaming is irrelevant. For AMD, gaming (both console and PC combined) is less revenue than embedded-- things like those routers you can get off of aliexpress and Synology NASes. Enterprise, cloud, and AI are the only things that matter, and even enterprise is falling off. Back in…

I’ve found that a lot of my friends who are into pc gaming still haven’t grokked that ever since the crypto boom, much less the ai boom, that they are the old toys that no one wants to play with anymore. I had a friend who legitimately could not understand why Nvidia didn’t care about their reputation in the gaming market souring even after I showed him the numbers on how much nvidia is selling to corporations now. I…

Well this all did happen in the blink of an eye. 2022, Gaming was one of the only things booming after a global shutdown. 2023, investors all at once jumped ship to chase AI. That can be rather shocking even for tech, since people don't tend to upgrade their GPU's every year.

As a parallel, imagine hearing that the IPhone 13 was the biggest selling device in history. Then suddenly the IPhone 14 is $4000 and mostly sold to enterprise. It doesn't make any logical sense without following the money. Even then it may not make much sense.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#168

Post by spwa4 »

versteegen wrote: post #162
rootjknak wrote: post #145

Earlier quoted context omitted.

Intel board members: Frank Yeary, managing member Darwin capital advisors James Goetz, partner Sequoia Capital Andrea Goldsmith, dean of engineering Princeton University Alyssa Henry, former square CEO Eric Meurice, former CEO ASML Barbara Novick, cofounder BlackRock Steve Sanghi, CEO microchip Gregory Smith, former CFO Boeing company Stacy Smith, chair of Autodesk Dion Weisler, former CEO HP There are a lot of peopl…

"Should not be" is too harsh, you should have diversity on a board, not only people from that single industry, but maybe you mean "too many". Presumably the investor-appointees have broad experience with many other companies. The type of people who should know how to hire a CEO.

> Presumably the investor-appointees have broad experience with many other companies

Investors have experience "managing" money to themselves. What is controversial about this? It's like saying pilots have experience flying planes. These investors have a lot experience financializing everything about a company.

We know where that leads, and it's not to success ... well, except for the investors with inside information that get out at the right time.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#169

Post by catigula »

dismalaf wrote: post #167
catigula wrote: post #134

[flagged]

Jews aren't ethnically European and plenty of white Americans have sold state secrets.

Ashkenazi Jews are ethnically European and plenty of people driving motorcycles have lived but there is a statistical connection between driving motorcycles and dying.

Re: A message from Intel CEO Lip-Bu Tan to all company employees

#170

Post by brahhd »

standardUser wrote: post #144
smsm42 wrote: post #136

Earlier quoted context omitted.

> It's honestly wild that a sitting US president is calling out specific company CEOs This truly never happened before. Oh wait: https://www.politico.com/story/2009/03/gm-ceo-resigns-at-oba...

Not an apt comparison. GM needed $50 billion in government funds just to stay alive.

All of tech is propped up by the government.

GenX and Millennials watched too many "Sprite; you do you" commercials and grew up believing in their autonomy and freedom.

But American government was always at the wheel, via regulation, law, and drinks in DC off the clock.

It's all PR to say our system free market and the like. Intel wouldn't exist without falling in line over the decades.

Post reply on HN