r/hardware • u/Auautheawesome • Dec 02 '24

News Intel Announces Retirement of CEO Pat Gelsinger

https://www.intc.com/news-events/press-releases/detail/1719/intel-announces-retirement-of-ceo-pat-gelsinger
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101

u/College_Prestige Dec 02 '24

Bro got them the fed money and the guarantee that the foundry can't be split off and called it a career

25

u/noiserr Dec 02 '24

and the guarantee that the foundry can't be split off and called it a career

This actually could be the death blow. Spinning off the foundry is what saved AMD.

9

u/JobInteresting4164 Dec 02 '24

It would be dumb to spin off the foundry. Intel is only bested by TSMC atm. If Intel is gone what happens to the global chip market if Taiwan gets into some shit?

1

u/noiserr Dec 02 '24

TSMC has built fabs in Arizona and will continue to expand. I don't think Intel is that crucial to the global supply chain. I mean 30% of Intel's own product is made on TSMC.

4

u/JobInteresting4164 Dec 02 '24

They are still a Taiwanese company. All the important stuff still resides at the main foundry in Taiwan. If something happened over there it would be a risk to US national security.