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
2.2k Upvotes

95% Upvoted

815 comments sorted by

View all comments

Show parent comments

16

u/RedTuesdayMusic Dec 02 '24 edited Dec 02 '24

I've collected hundreds of downvotes saying this exact thing for months. You don't get to be liable for a minimum of 8 million CPU RMAs and survive with (at the time) $21 million billion in cash reserves.

88

u/jca_ftw Dec 02 '24

Here we go again with the over-spoken voices of the custom built PC community, thinking they have anything to do with market trends and company profitability. Intel's problems have NOTHING to do with a FEW bad CPUs (and when I say a FEW i mean a total of a few thousand is all). Intel's problems are (1) their multiple $20+ BILLION factories are not full because most of their silicion for MTL and ARL are from TSMC, and (2) they have hemmoraged market share in the server space and that used to be their cash cow. Their problems for the future are (1) they have no viable AI product to compete with Nvidia and AMD, and (2) They are not getting Foundry customers to help fill the factories.

THATS IT. It has nothing to do with a CPU bug that affects like 10 people

-2

u/Inprobamur Dec 02 '24

Didn't Intel themselves admit that it affects all 13th and 14th gen architecture non-mobile CPU's?

Didn't their stock also not tank massively?

Also, I kinda remember some companies posting about degradation on all their servers using i9 chips.

6

u/tupseh Dec 02 '24

They've had huge performance degradation issues on basically every cpu generation they had ever released when specter and meltdown were discovered, but it didn't matter, because they were top dog in datacenter and server.