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"Intel CEO Pat Gelsinger retires"
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Intel has a Pretty Big Problem..
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There's not a surprise
Soldato
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Not surprised at all by the announcement given the string of disasters Intel have had over the last year. Hopefully Battlemage will be shining light for them because their CPU's are just not cutting it.
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Pat Gelsinger really didn't have much to do with any of that. These architectures were in development long before he took over. Brian Krzanich is really the one who steered the company straight into an iceberg and it's been slowly sinking ever since. Most of the stuff Gelsinger did during his few years in charge was about setting things up for the long term, and the results of his decisions won't be seen for a while yet. The problem is that shareholders aren't generally interested in the long term over short term profits and the board needed a scapegoat for the company's poor performance, so he's been forced out. He was given a choice of voluntary retirement or being fired at a meeting last week according to Bloomberg.
None of which is to say that he didn't also make mistakes. The Tower Semiconductor deal blew up on his watch and he went big on hiring when he first took over, only to end up cutting 15,000+ jobs towards the end of his tenure. It remains to be seen how he'll ultimately be remembered, but one thing's for sure and it's that replacing him with some MBA drone isn't going to fix Intel's problems overnight.
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Associate
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What's interesting is the timing of this; Gelsinger is gone effective immediately, as both CEO and board member with no successor chosen. That is quite rare.
In my experience there's only three reasons that would happen. First, the board have discovered some kind of very serious misconduct and the CEO has admitted to it so no investigation process is necessary. Second, the CEO has done something that caused the board to completely lose faith in his abilities and wants him gone ASAP.
Finally, the CEO asks to go right away, usually because of family or health issues.
Everything Intel sells today was already in process when Pat become CEO. The 13th and 14th gen failures, the disastrous performance of Arrow Lake, none of that is his doing. His plans have not had time to come anywhere near fruition. So it's hard to see how the board would decide he's done so spectacularly crap a job as to need immediate firing. Neither has there ever been so much as a whiff of impropriety around Pat at any point in his career.
So my guess is it's the third scenario. He's leaving at his own request and the reason is personal enough the company will keep it confidential.
In my experience there's only three reasons that would happen. First, the board have discovered some kind of very serious misconduct and the CEO has admitted to it so no investigation process is necessary. Second, the CEO has done something that caused the board to completely lose faith in his abilities and wants him gone ASAP.
Finally, the CEO asks to go right away, usually because of family or health issues.
Everything Intel sells today was already in process when Pat become CEO. The 13th and 14th gen failures, the disastrous performance of Arrow Lake, none of that is his doing. His plans have not had time to come anywhere near fruition. So it's hard to see how the board would decide he's done so spectacularly crap a job as to need immediate firing. Neither has there ever been so much as a whiff of impropriety around Pat at any point in his career.
So my guess is it's the third scenario. He's leaving at his own request and the reason is personal enough the company will keep it confidential.
Intel CEO takes his leave as ambition meets reality
At least he'll have company as he joins 15K colleagues headed for the door
www.theregister.com
Soldato
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Not only is AMD in Pat's "Rear-View Mirror" but so is Intel
13th and 14th gen seem like they have been XOC'd from the factory. While the architecture was already in the pipeline, how hard that architecture was pushed (and ultimately marketed) could have been a relatively recent decision. -Recent enough to turn 13th gen up to 11 before launching to consumers whilst also speed-running reliability testing.
Which would be the correct thing to do for the company.
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Intel ARC B580 12GB PCI-Express GDDR6 Limited Edition Graphics Card
Order Intel ARC B580 12GB PCI-Express GDDR6 Limited Edition Graphics Card now online and benefit from fast delivery.
www.overclockers.co.uk
RTX 4060 with 12GB VRAM?
But what exactly are people investing in at that point? Intel’s operating of its own fabs underpins the business and drives the industry. The semiconductor industry would implode on itself and its markets become tiny.
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AMD captures nearly 90% of motherboard sales during Black Friday at German retailer, dominates US charts
Mindfactory sold 4,350 motherboards during Black Friday week, according to data posted by TechEpiphany. Of that amount, 3,800, or 87.3%, were AMD boards, with just 550, or 12.6%, from Intel.
www.techspot.com
AMD captures nearly 90% of motherboard sales during Black Friday at German retailer, dominates US charts
Mindfactory sold 4,350 motherboards during Black Friday week, according to data posted by TechEpiphany. Of that amount, 3,800, or 87.3%, were AMD boards, with just 550, or 12.6%, from Intel.
Bare in mind that Mindfactory sells into a market which is more AMD leaning than average and the company, likely due to their market, tends to lean towards AMD pre-built systems, etc.
(And you'll get the other side of the story from companies like Puget Systems who tend to sell into an Intel leaning market and the company tends to be Intel leaning).
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Puget who?
They lean to what sells , nothing more, nothing less .
Dare say if you look at historical figures of theirs it would show Intel at 90% during AMD's bulldozer days because that's what will have been selling well at the time!
As things stand Germany is one of AMD's bigger markets, after the likes of the US. Mindfactory's data Intel vs AMD in recent years has not been in lockstep with the overall global market - not to say the data should be ignored just seen in that light. As a gross generalisation the German market (consumer and professional) tends to look at the value proposition a bit differently to the global average and currently means they tend to favour AMD over Intel.
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But also keep in mind Intel desktop products are pitiful.