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Intel announces retirement of Pat Gelsinger

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Re: Intel announces retirement of Pat Gelsinger

#581

Post by jiggawatts »

tivert wrote: post #202
mepian wrote: post #48

Earlier quoted context omitted.

The market already figured out that it doesn't want leading edge manufacturing in the US.

> The market already figured out that it doesn't want leading edge manufacturing in the US. Exactly. The market figured out there's a lot of short-term profit to be made for shareholders in selling off the nation's industry, and moving it down the value chain. They're running the country like a legacy business they're winding down. Give Wall Street a few more decades, and the US will have an agriculture and resource…

National security (and other similar externalities) are not priced into stocks, which is why every trader will happily sell his own nation's defence in exchange for profit.

Re: Intel announces retirement of Pat Gelsinger

#582

Post by osnium123 »

MPSFounder wrote: post #499

I worked for 3 months for Intel. I can genuinely say that there is no saving that company. Recently, they are hiring many PhDs from various US universities (particularly Indians) to try to compensate (they offer generous stocks and are hiring like crazy right now). There are two major problems I saw: lack of genuine interest in fabs (most people are there for the Intel name and then leave or in the case of Indians, t…

Were you working on the fab side of things?

Re: Intel announces retirement of Pat Gelsinger

#583

Post by bgnn »

crowcroft wrote: post #467
ksec wrote: post #120

I am perhaps one of Pat's biggest fan. Was in tears when I knew he is back at Intel [1]; > "Notable absent from that list is he fired Pat Gelsinger. Please just bring him back as CEO." - 2012 on HN, when Paul Otellini Retired. > "The only one who may have a slim chance to completely transform Intel is Pat Gelsinger, if Andy Grove saved Intel last time, it will be his apprentice to save Intel again. Unfortunately give…

I hope they sell off some more distracting/minor parts of the business, and then work with a fund to take the company private. Similar to Yahoo a number of years ago, there's some real business still there, they just need to remove the expectation of constant quarterly calls and expectations and make long term, consistent investments again.

oh this board would not do that. they just want to cannibalize intel.

Re: Intel announces retirement of Pat Gelsinger

#586

Post by aprilthird2021 »

MPSFounder wrote: post #499

I worked for 3 months for Intel. I can genuinely say that there is no saving that company. Recently, they are hiring many PhDs from various US universities (particularly Indians) to try to compensate (they offer generous stocks and are hiring like crazy right now). There are two major problems I saw: lack of genuine interest in fabs (most people are there for the Intel name and then leave or in the case of Indians, t…

Your two major problems would both be solved by paying more, but it sounds like they are paying well, according to you?

Genuine interest is not the only way to get great results. Excellent pay can do so as well.

And lack of talent, again, excellent pay.

Re: Intel announces retirement of Pat Gelsinger

#588

Post by AnthonyMouse »

redandblack wrote: post #403
J_Shelby_J wrote: post #317

Earlier quoted context omitted.

Neat. Now release 48gb GPUs to the hobbyist devs and we’ll use intel for LLMs!

Apple is your savior if you are looking at it as a CPU/GPU/NPU package for consumer/hobbyists. I decided that I have to start looking at Apple's AI docs

The Intel A770 is currently $230 and 48GB of GDDR6 is only like a hundred bucks, so what people really want is to combine these things and pay $350 for that GPU with 48GB of memory. Heck, even double that price would have people lining up.

Apple will sell you a machine with 48GB of memory for thousands of dollars but plenty of people can't afford that, and even then the GPU is soldered so you can't just put four of them in one machine to get more performance and memory. The top end 40-core M4 GPUs only have performance comparable to a single A770, which is itself not even that fast of a discrete GPU.

Re: Intel announces retirement of Pat Gelsinger

#589

Post by Panzer04 »

Eh. Pat hasn't seemed to be doing anything special. Presided over a bunch of hiring and firing (pointlessly), plowing money into fabs like anyone else would, often misleads during presentations, hasn't managed Intel's cash very well...

I have to agree with a few others, don't really see why people looked up to him. Seems like a pretty mediocre CEO overall.

I also, personally, do not actually see the problem with a financial CEO. Ultimately I don't believe technical acumen is that important to the decisions a CEO makes - they should be relying on subordinates to correctly inform them of the direction and prospects of the company and act accordingly.

I am concerned about Intel's long term prospects - obviously he wouldn't be leaving if everything was looking up, IMO.

Re: Intel announces retirement of Pat Gelsinger

#590

Post by robocat »

xbar wrote: post #153
phkahler wrote: post #94

Earlier quoted context omitted.

>> If 18a is not ready I think the best case scenario for Intel is a merger with AMD. Aside from the x86 monopoly that would create, I don't think Intel has much of value to AMD at this point other than the fabs (which aren't delivering). IMHO if Intel is failing, let them fail and others will buy the pieces in bankruptcy. This would probably benefit several other companies that could use 22nm and up fab capacity and…

I'd like to address the aside for completeness' sake. An x86 monopoly in the late 80s was a thing, but not now. Today, there are sufficient competitive chip architectures with cross-compatible operating systems and virtualization that x86 does not represent control of the computing market in a manner that should prevent such a merger: ARM licensees, including the special case of Apple Silicon, Snapdragon, NVIDIA SOCs…

> x86 monopoly

Wintel was a duopoly which had some power: Intel x86 has less dominance now partly because Windows has less dominance.

There are some wonderful papers on how game theory and monopoly plays out between Windows and Intel; and there's a great paper with analysis of why AMD struggled against the economic forces and why Microsoft preferred to team up with a dominant CPU manufacturer.

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