Read more.New CEO Pat Gelsinger will speak about "a new era of innovation and leadership at Intel".
Read more.New CEO Pat Gelsinger will speak about "a new era of innovation and leadership at Intel".
he's the opposite of that lazy ceo they had that sat around getting his noddle wet. I'm looking forward to seeing what Intel cooks up.
Imagine starting a role only to find the last incumbment sunk your budget, allowed the good talent to leave, seemingly while keeping the dead wood, and that the only new thing in the file is obsolete before it's even come to market.
Which is all true, but the last incumbent also years and years of record revenues.
So looking at from the stockmarket where short-term thinking is rampant, he did well.
Of course, like HP found out a few years after the bean-counters were finished if you cut back R&D you increase short-term profits at the expense of the long-term
Not that HP and Intel are that comparable - and Intel didn't get their record revenues by cutting back on R&D - but HP went from ~20% marketshare, bought Compaq also at ~20% and managed to end up at ~20%.
Intel's problems IMO started when they said no to high-volume lower-margin stuff by refusing to not cripple Atom or manufacture the SoC for the iPhone. It just took a few years for that to become obvious.
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