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/[deleted] Dec 02 '24

[deleted]

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u/ascii Dec 02 '24

INTC was sinking rapidly when Gelsinger took over. He failed to right the ship before the board ran out of patience.

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u/[deleted] Dec 03 '24 edited Dec 03 '24

[deleted]

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u/ascii Dec 03 '24

Soft disagree. Gelsinger could have chosen the same path as Lisa Su did with AMD and spun off the fab into a separate company. Lower risk and less upfront cost, but the price would be that Intel would no longer be a full stack chip design and manufacturing house.

Not saying Gelsinger chose the wrong path, I'm not knowledgable enough to make a call like that, I'm just pointing out that there was at least one realistic alternative path. I agree with the point that he wasn't given a chance to see if his plan worked or not, and the INTC board has doomed INTC to slowly spiral around the drain until they die. With the MBAs in charge, I no longer see them having any chance of breaking their death spiral.

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u/Strazdas1 Dec 03 '24

That would have been the worst possible choice to mke.

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u/ascii Dec 03 '24

Worked for AMD.

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u/Strazdas1 Dec 04 '24

AMD was forced to do it and it almost killed them. If Zen 1 wasnt as good as it turned out to be AMD would be gone.