Pat Gelsinger came back to turn Intel around – here’s how it’s going(theverge.com)
theverge.com
Pat Gelsinger came back to turn Intel around – here’s how it’s going
https://www.theverge.com/2022/10/4/23385652/pat-gelsinger-intel-chips-act-ohio-manufacturing-chip-shortage
3 comments
LOL yeah. He lured a bunch of his old buddies from retirement with fat packages as if those old Intel-lifer hacks had any fresh ideas to contribute. Pat is literally an Intel swamp creature that somehow managed to pass himself off as some kind of tech genius despite not having been in a technical role at Intel since the 286, after which he was fast-tracked into management.
I worked in Pat's org years ago and neither he nor his lieutenants had any talent other than fighting Intel political battles.
I worked in Pat's org years ago and neither he nor his lieutenants had any talent other than fighting Intel political battles.
> we have essentially paralyzed
Parallelized... lol
Parallelized... lol
He came in with "put the band back together" vibes and yet earlier this year cut $4B from fab build-out allocation to pay a whacking great dividend to shareholders (of which he's probably a fairly sizeable one) and the market, who hates Intel, repayed this by tanking their share price.
Intel are a fat cat and welfare queen at the same time.
For almost everyone in the corporate world who is having to put up with a constant flood of upper management spiel about OKR's - if they're so great why did Intel absolutely balls up their bordering on unassailable lead to relying on the US government to give them any kind of future?