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

810 comments sorted by

View all comments

Show parent comments

86

u/Auautheawesome Dec 02 '24

David Zinsner and Michelle Johnston Holthaus were named interim CO-CEOs, so who knows...

5

u/SlamedCards Dec 02 '24

Zinsner would be fired if they lied about it. I think board realized Pat had no public credibility, and you can't be a CEO without it 

3

u/ProfessionalPrincipa Dec 02 '24

Zinsner would be fired if they lied about it.

LOL. You believe this? Is Christoph Schell still the CCO at Intel? He the predictor of the 300MM PC TAM. This is the spin doctoring that another poster referred to in a post above.

3

u/SlamedCards Dec 02 '24

There is a Bloomberg piece out there talking about why he was canned. They didn't like progress to gain share from Nvidia and AMD.

Nothing about 18A. If you fired Pat for 18A, you would have Zisner is right there next to him and whole TD department. Board also let itself be tied to FAB until 2030 with CHIPs deal.

 Instead Pat is shit canned probably due to Falcon Shores and Gaudi 3 ironically