Starbucks just removed its CEO and replaced it with Chipotle’s. The stock is up 20% on the announcement. Intel BoD should follow suit: get rid of Pat Gelsinger and replace it effective immediately with Jim Keller.
https://www.cnbc.com/amp/2024/08/13/starbucks-replaces-ceo-laxman-narasimhan-with-chipotle-ceo-brian-niccol.html
@svh Has made PowerPoints comparable to JK's lifetime contribution to the semi industry /s
Intel should buy AMD and promotes Mrs Su to CEO
Intel should acquire NVDA and make Jensen Huang Intel CEO
There will be no white knight. Layoff will continue until Intel is sold off. Will the last person please turn off the lights and lock the doors.
O great. Now Starbucks will come with free diarrhea like Chipotle’s.
Gaudi is a dud.
Jim Keller is not the messiah and is somewhat overrated.
Intel is heavily in debt and has spent a lot of money on non-competitive fabs.
Draw your own conclusions.
Stick a fork in it - Intel is done.
More n more gets out !
https://thechipletter.substack.com/p/intels-immiseration
Read It !
Intel's cap-ex strategy ! Private Equity partnerships !
Plus look up mergers and acquisitions / Habana Ai and MobileEye !
https://adamtooze.substack.com/p/chartbook-306-nodes-rebar-and-private
Gaudi Ai or Bust Intel !
https://www.intel.com/content/www/us/en/products/details/processors/ai-accelerators/gaudi-overview.html
You freaks worship of Keller is so funny.
JK is the right choice but I think he's had enough of Intel.
Jim can smell a BSer from 10 blocks away. That is exactly what we need to focus on technology and products again.
@ikn+1tZtVLky Bruh, I’ll take 20% now any day of the week plus the increase INTC will have once a new leader fixes this mess!!
Sorry but you need a 50% bump to get to July levels.
You need more than 100% to get to levels earlier in the year.
No CEO can recover from this type of value destruction. Right now you have literally 10s of billions of capex with nothing to show for it. How long until you can recover that cost of capital? Doesn’’t matter who the CEO is - you’re not likely to recover that as it is taking Intel too long to ramp while TSMC and Samsung aren’t waiting around twiddling their thumbs.
Agree replacing our cringe-freak, CEO will bump the stock, but not sure JK is the right choice.
Probably need a white knight from NVDA or some other front running company..