No sign of her in the recent ACM. Is she bailing out too

The shareholders should sue the Board for letting gelsinger get out with a package like his. This man has done nothing but harm to the company and must not be allowed to benefit from his tenure there. And to gelsinger himself: accepting severance... — read more 

Judging by the market reaction everyone thinks Intel is dead meat. The only question seems to be whether it may still be able to donate some of its organs or will go into the grave as-is.

People like .. Nick M....Sachin K... Mr. Lavender and all the cronies?

So Pat can escape with a golden parachute, but people are too scared to raid the Intel dumpster for free computers or go on strike? Stop waiting for billionaires like Pat or Elon musk to save you. Only the working class can save itself.

https://www.cnn.com/2024/12/04/tech/intel-brand-decline-gelsinger-retirement/index.html Now everyone and their grandmas knows that Intel is a failed company. Too late for that guy who yolo'd his $700k inheritance from his deceased nana into INTC — read more 

Having worked at his previous employer, now following this latest train wreck, I’m curious what do Boards see in him? Is it tied to his religious evangelism? Is he a world class BSer? I’m befuddled whenever an Exec with a failed track record is so... — read more 

Why don't we just release a basic GPU with 128GB RAM and eat NVidia's local generative AI lunch? The networking effect of all devs porting their LLMs etc. to that card would instantly put them as a major CUDA threat. But finance folks running... — read more 

When LBT quit the board, he expressed that intel middle management is the problem. https://semiwiki.com/forum/index.php?threads/intel-board-member-quit-after-differences-over-chipmakers-revival-plan-reuters.20863/

When 99 percent of your workforce is celebrating your departure, you have to know what a colossal failure you've been at your job.

From Michael Saylor on X: Last week, $MSTR's treasury operations delivered a BTC Yield of 2.55%, providing a net benefit of ~9,850 BTC to our shareholders, or ~1407 BTC per day. At $95K per BTC, that would equate to $936 million for the week, or $134... — read more 

Frank D Yeary, James Goetz, Omar Ishrak, Alyssa Henry, Tsu-Jae King Liu, Risa Lavizzo-Mourey and Gregory D Smith. These BoDs have been around since 5-10 years. IMO, they have MASSIVELY FAILED their duties - more than any recent CEO. These folks... — read more 

More like 5 CEOs in 4 years at this point.

https://www.reuters.com/business/intels-ceo-shortlist-candidates-include-former-board-member-lip-bu-tan-sources-2024-12-03/

Nada

What are you waiting for?

Brace yourself Lip-Bu Tan will be next CEO.

Sell all intel products to AMD and Intel foundry can merge with global foundries. US Govt strongly push (mandate) companies put 5 to 10% of their product production to Intel foundry, renamed to ASMC (America Semiconductor Manufacturing... — read more 

He was heavily focused on getting gov't welfare as if that was the same thing as getting customer demand, internal or external. He made promises on products and technology that was not based on reality, and was told along the way that the company... — read more 

With next to no coherent documentation on how to navigate or use them.

TD spending is completely out of control, some of which has been about attempting to catch up to TSMC but completely unsustainable as a Foundry. If the issue for Intel is one of bureaucracy and delusions of past success, then TD is maybe the... — read more 

"I bet the whole company on 18A" (or read Foundry instead). https://www.pcgamer.com/intel-ceo-admits-ive-bet-the-whole-company-on-18a/ He literally did just that. He may as well go to Vegas and gamble the company on the roulette. At least BK was... — read more 

Or is it only my department?

https://techcrunch.com/2024/12/03/pat-gelsinger-set-to-net-more-than-10m-severance-from-intel/

https://finance.yahoo.com/news/exclusive-intels-ceo-shortlist-candidates-142016335.html

By quitting the way and in the timeframe he did one can make the argument that Intel was in bad shape when he took over. So it’s not his fault. He can now have the narrative that Intel was always failing, and these were the cards he was dealt... — read more 

A few months? A year? I'm betting it's going to happen sooner or later.

Without Pat at the helm, who can stop the break up now?

Whoever this was.. https://www.thelayoff.com/t/1uXr2Vj2

Intel’s entire board needs a complete overhaul. There’s barely any relevant, successful technical expertise in semiconductors among them. They’ve got a guy from Boeing and someone with an M&A finance background—seriously? How are they supposed to... — read more 

Basically CHIPS act guarantees severance pay for CEO severance package, those recently VSP, ISPed , and coming layoffs

difficult to see this as anything other than a failure - i had high hopes when gelsinger came back, but it feels like bk caused too much damage, and gelsinger never really got control of the situation - one thing i heard that really highlighted the... — read more 

Leading Intel Corporation has been the honor of my lifetime. I am forever grateful for the many colleagues around the world.... blah, blah STFU. You were fired because you are a terrible CEO. Stock is down over 50% and the company has no meaningful... — read more 

Can we now write off fabs and start over with a fabless group?

the only thing we can be sure about is that there will be more layoffs. Purely from the perspective of an employee, all this is taking too long and there’s been too much uncertainty and pressure. I hope the limbo will be over soon and we find out... — read more 

Get your arses in gear. 40% reduction in HC coming.

He would remove another 20% or so of the headcount and get Product and Foundry into shape for the breakup of the company. Intel controlled by him could be like when AMD turned around. Semiconductor companies have to be willing to move on when it is... — read more 

Leaders sounding Grovian culture/approach is not going to work. Leaders need to come with their original approach. I am starting to think no leader is truely going to execute the company in the founder's style. There are multiple issues with that (a)... — read more 

I spent 6 months working at Intel.... I honestly believe the company is facing serious challenges with little hope for recovery. Look at the last five years - Intel has been aggressively hiring PhDs from US universities, offering generous stock... — read more