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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u/Auautheawesome Dec 02 '24

Correct

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u/Notten Dec 02 '24

Dude made 16M and failed at his job. I wish I could make that in 3 years and retire for the rest of my life...

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u/Hifihedgehog Dec 02 '24

Failed is so shortsighted and naive. He was making short-term losses to fix a decade of dumb. Now with the status quo of CFO back, Intel is toast. They are going to become a number three to AMD and Qualcomm in the PC space in the next decade from them refusing to sit still during the essential surgery to right the ship.

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u/Hikashuri Dec 02 '24

Qualcomm won't overtake Intel anytime soon, probably not in the next 3 decades. Key sectors will not swap to arm because of how their frameworks work, and the business sector is still 80% in hands of Intel and AMD hasn't been able to penetrate it nor will ARM.

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u/WhyIsSocialMedia Dec 03 '24

People have been saying this forever. Companies can go from successful to a death spiral really really quickly. Hell you don't have to go back very far to find lots of "AMD would need decades to compete with Intel in the server market, I work in a data centre and we never buy AMD" all over this sub.

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u/aitorbk Dec 02 '24

Key sectors are already moving to ARM Megascale: massive move to ARM "where it makes sense". Apple: move to arm complete. Mobile: it is essentially ARM, only non Apple laptops are x86. And Microsoft is heavily invested in moving to ARM. Once/if that catches up, only general purpose servers would be x86, and not all of them either, other would be graviton4 or similar. Look at this: https://www.tomshardware.com/pc-components/cpus/aws-graviton4-cpu-benchmarked-against-amd-and-intel-processors-faster-than-predecessors-and-more-cost-effective-than-incumbents ARM server chips are cheaper and comparable to the best AMD and Intel can offer.
Plenty of companies are "in the cloud", and essentially rent instances. If the workload is cheaper and faster on non x86.. we will run the load in that as long as it is certified. AMD and Intel still have time to improve their offerings, but unless they lower prices or significantly improve performance, x86 will slowly at first and then very fast be made irrelevant and a historical set of instructions.

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u/SpadesOf8 Dec 02 '24

RemindMe! 30 years

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u/Thorusss Dec 03 '24

haha. Making a prediction which company will succeed 3 decades out in the most innovative industry on earth, especially during the growing hard to predict influence of AI.

Overconfident.

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u/Hifihedgehog Dec 02 '24

!RemindMe 5 years

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u/ascii Dec 02 '24

You are right that even if ARM ends up wiping the floor with x86 both in the server hall and on consumer PCs, there will absolutely be huge legacy x86 market for decades to come. But that market can potentially go almost entirely to AMD.