The Intel culture resulted in slow to market products, missed deadlines, and lack of leading edge technologies. The CEO is not the issue, it’s the culture. They should also look at streamlining business segments into separate businesses. The current company just does not operate at the speed required in this fast moving industry.
Like Boeing, the bean counters took over the running of the company. Engineering excellence took a back seat. They used to have a "tick tock" strategy to advance chip design and manufacturing process technology. This was abandoned as budgets were cut and product development slowed. What is happening at Intel was entirely predictable - it was exactly what happened at AMD before Lisa Su took over as CEO. Intel needs to find its own version of Lisa Su!
Intel's 13k/14k end-user CPU products were made on Intel's Foundries and they are a colossal failure from production point of view with so many manufacturing errors, why would someone like NVidia trust Intel to manufacture good products for their next GPUs/CPUs? Intel first needs to prove they can manufacture good products with same/lower costs compared to TSMC before any client would try to burn any bridges with TSMC and switch to Intel. At this point, I think it's much lower risk to defend Taiwan than to invest in Intel Foundries.
It is courageous/stupid to switch to other fab. We saw what happened to auto when they cancel orders during pandemic and what happened to Qualcomm when they switched to Samsung. TSMC can sell the open capacity for higher price to someone else and Qualcomm had to get to the back of line for snapdragon.
the rumor is out now... the Board is asking the former CEO of TSMC, Mark Liu, to take over the seat... But i doubt Mark will say yes... Intel is a big trouble.
Intel has been missing tech shifts for decades… It started with Pat when he was party to killing Xscale (Arm processors). Pat was too in love with x86 that he was blinded by what was changing. X86 just wasn’t relevant any longer. Then Intel missed the transition to mobile, set-top devices, screwed up cellular , graphics, and now AI… Intel is loosing in the Data Center. You don’t need x86 and can run lower power solutions (ARM) that achieve the same or better results. The other huge challenge is the development cycle of “Tic-Tok” which mandated a 7 year development cycle… Dramatically too slow for the world we live in today. Intel needs to go blank sheet of paper. Forget what they have done and make something new. Oh and have the tenacity to stick with it. Intel hasn’t done anything new because they don’t have the ability to stick with it. But I don’t see that happening. It sickens me that billions with the Chips act will be wasted on Intel.
Reminds me of the HP Compaq merger which was called "two garbage trucks backing into each other". If you split Intel you can make "two garbage trucks out of one".
It is not intels core business to bring back chip manufacturing in the us. That’s a consequence not a goal. What intel never did was go after GPUs. With nvidia focusing on AI there is still a big gaming market that is being neglected. And you don’t need as much supporting software like CUDA. Instead we got ARC.
Another case study for the next revision of "The Innovators Dilemma". It's funny how companies still make the dame mistakes even though the pattern has been recognized for decades now.
Lunar lakes are awsome and finally can use an x86 laptop while on lap. Dunno what all this anti intel stuff is about. Anyone who does reverse engineering knows how important branch and trace instructions are, and intel are the only cpus that can. Alot of engineering packages only work properly on intel and programs like parsec run much much better with intel decoding.
Intel needs to have a hard conversation with itself. Starting with executive leadership. You are not the company you once were. You are in third place and you need your products to speak for yourself. AMD was in a very bad spot but they let their CPUs speak for themselves. It also seems like they’re having an identity crisis. They don’t know what focus on and are spreading themselves and hopefully get a hit in something. At one point IBM needed to have this conversation with themselves and look at them now.
So, he sucked to the tune of half the company's stock price, and he parachutes out with millions of dollars... for crashing the company. Got to love that accountability.
"Hot fixes" Gelsinger introduced just came "little" too late. When u waste your time over years and get too greedy or overconfident, comfortable and fat, then soon or later expect reckoning. Just take a look at Boeing. It wasn't Gelsinger's fault things didn't work now when time is short. Look in the past and u will find plenty of waste and too much of time. That's the root cause and Gelsinger was hired to patch mostly the symptoms and possibly address the root causes which usually takes long time to fix. Now when time for hot fixes is gone Intel will probably split its business or sell some parts of it.
CEO is CEO if ther is not enough competent people, should accept they can design their little silly chips and real men do the hard thing But that basically make intel 10x to big to what it is.
The Intel culture resulted in slow to market products, missed deadlines, and lack of leading edge technologies. The CEO is not the issue, it’s the culture. They should also look at streamlining business segments into separate businesses. The current company just does not operate at the speed required in this fast moving industry.
well said!
yep, company too big and complicated to stay as a single entity. Better to divide up and conquer, and each segment will be responsible and transparent
Huh? Pat ran VMware before this - look at where that money printing company is today? Being chopped up for parts
CEO was also a massive issue, for example his comments on "Taiwan is not secure" because of that TSMC revoked 40% discount.
Jon Fortt - the only analyst in the media that gets it....thank you, Jon!
Intel is dead money .
it's very obvious that intel leadership has no vision to keep up with the tech renovations.
Like Boeing, the bean counters took over the running of the company. Engineering excellence took a back seat. They used to have a "tick tock" strategy to advance chip design and manufacturing process technology. This was abandoned as budgets were cut and product development slowed. What is happening at Intel was entirely predictable - it was exactly what happened at AMD before Lisa Su took over as CEO. Intel needs to find its own version of Lisa Su!
Just get someone from TSMC! Gelsinger talked too much than done!
The problem is that he talked too much and walked too little.
Intel's 13k/14k end-user CPU products were made on Intel's Foundries and they are a colossal failure from production point of view with so many manufacturing errors, why would someone like NVidia trust Intel to manufacture good products for their next GPUs/CPUs?
Intel first needs to prove they can manufacture good products with same/lower costs compared to TSMC before any client would try to burn any bridges with TSMC and switch to Intel.
At this point, I think it's much lower risk to defend Taiwan than to invest in Intel Foundries.
It is courageous/stupid to switch to other fab. We saw what happened to auto when they cancel orders during pandemic and what happened to Qualcomm when they switched to Samsung. TSMC can sell the open capacity for higher price to someone else and Qualcomm had to get to the back of line for snapdragon.
@@andreiga76 It’s hard to compete against TSMC, they are so well managed
just hire a TSMC executive ok?
Intel has no more time to FAFO.
the rumor is out now... the Board is asking the former CEO of TSMC, Mark Liu, to take over the seat...
But i doubt Mark will say yes...
Intel is a big trouble.
Spin off the foundry business and strike a deal to have TSMC buy it so they can transfer their N2 node to US
Prediction: They will buy Tenstorrent and Jim Keller will become CEO
Unlikely and I don't think that Jim Keller would want to be CEO of Intel.
Intel has been missing tech shifts for decades…
It started with Pat when he was party to killing Xscale (Arm processors). Pat was too in love with x86 that he was blinded by what was changing. X86 just wasn’t relevant any longer. Then Intel missed the transition to mobile, set-top devices, screwed up cellular , graphics, and now AI…
Intel is loosing in the Data Center. You don’t need x86 and can run lower power solutions (ARM) that achieve the same or better results.
The other huge challenge is the development cycle of “Tic-Tok” which mandated a 7 year development cycle… Dramatically too slow for the world we live in today.
Intel needs to go blank sheet of paper. Forget what they have done and make something new.
Oh and have the tenacity to stick with it. Intel hasn’t done anything new because they don’t have the ability to stick with it.
But I don’t see that happening. It sickens me that billions with the Chips act will be wasted on Intel.
Look like another tech company might acquire intel.
Reminds me of the HP Compaq merger which was called "two garbage trucks backing into each other". If you split Intel you can make "two garbage trucks out of one".
At least then the 2 garbage trunks can start working
"The ones who should step down are not Pat but the board members."
Still need to subsidize some US entity to manufacture chips
It is not intels core business to bring back chip manufacturing in the us. That’s a consequence not a goal. What intel never did was go after GPUs. With nvidia focusing on AI there is still a big gaming market that is being neglected. And you don’t need as much supporting software like CUDA. Instead we got ARC.
Another case study for the next revision of "The Innovators Dilemma". It's funny how companies still make the dame mistakes even though the pattern has been recognized for decades now.
Lunar lakes are awsome and finally can use an x86 laptop while on lap. Dunno what all this anti intel stuff is about. Anyone who does reverse engineering knows how important branch and trace instructions are, and intel are the only cpus that can. Alot of engineering packages only work properly on intel and programs like parsec run much much better with intel decoding.
Intel $7-8.00 / share
They were busy spending billions on stock buy backs to boost stock price. Now crying big tears about how their sorry and give us money.
Intel needs to have a hard conversation with itself. Starting with executive leadership. You are not the company you once were. You are in third place and you need your products to speak for yourself. AMD was in a very bad spot but they let their CPUs speak for themselves. It also seems like they’re having an identity crisis. They don’t know what focus on and are spreading themselves and hopefully get a hit in something. At one point IBM needed to have this conversation with themselves and look at them now.
Are Asians good at making semiconductors? I wouldn't know looking at Intel's executive team.
Solyndra 2.0!
$25/share. Intel is not a high return stock at all. Close fab cannot compete with other open fabs.
So, he sucked to the tune of half the company's stock price, and he parachutes out with millions of dollars... for crashing the company. Got to love that accountability.
Yeah, it's GG for intel.
im surprised they didnt blame wokeism...😂😂😂
semi-conductors? One or zero, stop transitioning between the two options.
Intel keeps screwing up! Trading sideways. Get out while you can and invest into super micro or something moving ⬆️ 😊
"Hot fixes" Gelsinger introduced just came "little" too late. When u waste your time over years and get too greedy or overconfident, comfortable and fat, then soon or later expect reckoning. Just take a look at Boeing. It wasn't Gelsinger's fault things didn't work now when time is short. Look in the past and u will find plenty of waste and too much of time. That's the root cause and Gelsinger was hired to patch mostly the symptoms and possibly address the root causes which usually takes long time to fix. Now when time for hot fixes is gone Intel will probably split its business or sell some parts of it.
Pretty Good is not good enough.
Intel is fighting 3 titans: amd, Nvidia and tsmc. It is impossible task
That's Taiwanese cartel.
Did they receive the new lithograph machine from asml 380 million
Yup
Paranoia will destroi ya.
It doesn't need to be translated.
CEO is CEO if ther is not enough competent people, should accept they can design their little silly chips and real men do the hard thing
But that basically make intel 10x to big to what it is.
About ❤❤❤.
M&A..
Intel is dying because X86 is dead.
Thus company needs and INDIAN CEO. not being racist, but all companies with Indian CEO do well.
Agree. Intel competitors Nvidia, AMD and TSMC all have IndianCEO. Not being racist at all. Unlike Adani group which is run by AngloAmerican.
@@shermc4587 😂