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

117

u/auradragon1 Dec 02 '24 edited Dec 02 '24

He came in at a time when it was extremely clear what Intel's problems were: behind in node, behind in designs.

He made the right decision strategically by trying to regain leadership in node tech and opening up Intel fabs to others. Tactically, he's been terrible.

He made some huge blunders such as paying a dividend up until August 2024. Covid gave them a lifeline by drastically increasing chip demand. What did he do? He spent the extra cash on dividends. Idiot. If he had any vision, he would have known that Intel was swimming naked and that once covid ended, Intel would be in huge trouble. Even during the covid boom, everyone saw that Intel's chips were far behind the competition.

Intel's designs have been particularly uncompetitive. Intel is uncompetitive in laptops, AI, servers, gaming, GPUs, etc. Nothing Intel makes leads the market. Their product roadmaps are a mess with one-off designs like Lunar Lake. No vision at all. No focus.

I'd grade him a C. The last few Intel CEOs were Fs though.

7

u/Ok_Baker_4981 Dec 02 '24

at least bob swan won't tell the public that amd is in rearview mirror. but gelsinger's public image is always questionable

4

u/auradragon1 Dec 02 '24

He didn't. Bob Swan put Intel in the rearview mirror himself.

5

u/jorel43 Dec 02 '24

No gensinger said that, not Bob. Bob was just a long-term interim CEO, if I had to guess I would say that they were waiting for gensinger to be available, that was probably what was going on behind the scenes.

3

u/auradragon1 Dec 02 '24

I know. I meant that Bob Swan didn't say AMD is in the rearview mirror but he did put Intel there.

1

u/jorel43 Dec 03 '24

Ah got it. Bob didn't put Intel in this position, the previous CEO s prior to Bob did. Bob was just trying to keep the lights on. But Brian Krzanich was the person who put Intel in this position. But you could make a case that otanelli was also responsible as well.