How bad will it be? How much will stock drop? Will Pastor P be fired? How many ELT will “retire”?
4 replies (most recent on top)
I hear Pat has just extended his commitment to the company , along with some of ELT close to him … so unless the board fires him , looks like he wants to see this out
Q2 was already downgraded in Q1.
Q3 will be interesting.
Especially now with AMD and Qualcomm competing heavily in client notebooks. Intel’s last cash cow.
Lunar lake better be a home run otherwise its lights out.
What "age out rule" - according to this they took it a while ago - looks like that is the first thing Pat drove !!: https://www.tomshardware.com/news/tsmc-founder-pat-gelsinger-may-not-have-time
Layoffs in all major BU's including TD in Q2.
How bad? Bad!
Stock will stay flat with ER due to layoffs.
Pat will not only get a raise, but the board will publicly state their support and waive the "Age Out" rule.
No ELT will retire - some are being positioned to be CEO's of the spinoffs.