Intel CEO Pat Gelsinger Retires, Company Appoints two Interim co-CEOs

[R0H1T]

I dont hear such complains about the Ngreedia monopoly.

That's probably because the same idjits who bought the crypto BS are now into the AI "metaverse" ~ of course the end goal is just to make money so everyone else be damned

 

[Splinterdog]

Nice work if you can get it, so I may just throw my hat in thering.

Intel CEO's compensation still trails AMD CEO's by half — despite a significant boost in 2023

Figures for the Nvidia CEO’s total compensation in 2023 are yet to be published.

www.tomshardware.com

 

[RUSerious]

No it isn't. What's with the drama?

The culture, at least in the CPU development groups. The lack of cooperation is almost tragic. The Fiefdoms within the groups, centered around higher ranked managers, is a loyalty based system which prioritizes group success over SoC design success. Keller ran into this and it was so bad that it affected his health. A lot of this is out there publicly on the web, some comes from a former Intel engineer I used to chat with. It’s bad.

Intel is in need of a massive restructuring including more subsidiary sell offs and large layoffs to break and rebuild the corporate identity and focus (ala AMD). I don’t see any other way.

Moving the deck chairs around on the titanic just isn’t going to cut it. IMHO.

 

[dragontamer5788]

Unlike the fanboying nonsense being displayed in some of the comments above, I think Pat did a lot of good while he was at the helm. We have the ARC GPU's, both card and IGP versions, we had the BIG/little thing which turned out decently and few other things he helped with or started. My only real complaint is that he didn't revisit the HEDT market sector, but with the challenges of the pandemic...

Pat was a positive person and he left a good mark on Intel and the world.

Enjoy retirement Mr Gelsinger!

Those P-cores vs E-cores things may be confusing, but today's Ultra 7 265k processors are basically Threadripper of old (with the E-cores) + some high-performance modern cores for video games. They're actually productivity beasts.

I think the real "behind the scenes" has to do with the future of Intel and not so much its present or past. The big theory floating around that 18A is a messed up process just makes a lot of sense. Intel's poured tens of $billions into 20A and 18A, and 20A is already a failure. Intel cannot tolerate further disruptions to its manufacturing plans.

 

[kondamin]

Well now I lost what little faith I had in the company.

I hope some manufacturers start making powerful consumer market Risc V soc's As arm and x86 is going to cost stupid much on the high end and stagnate like the gpu market on the lower to midrange.

 

[Chomiq]

The game of thrones over there.

So... lots of incest?

Now I know what Pat meant when he said "Papa's home"...

 

[lexluthermiester]

So... lots of incest?

Now I know what Pat meant when he said "Papa's home"...

Oh good grief was that just wrong. Funny, sure, but wrong..

 

[piloponth]

Whoever next saves Intel and brings a competitive product, should be awarded the Nobel and Oscar at the same time.

 

[Bobaganoosh]

I don't know that this is a sign of further bad news (i.e. 18A failures), but could just be their best hope of turning stonks around. The changes behind the scenes take a long time and if they don't do something to convince the market that they're making real changes, they won't have time to see if those behind the scenes efforts are fruitful. Sometimes, you just change the CEO and stonks go up. So this could be as simple as they don't know what else to do publicly in the short-term to boost confidence. If they can find a new person who comes across as intelligent, driven, and bringing new ideas it may be all they need to get their stonks going up again. Sadly, their stock price is more important than their products to a company that big, so this is not an uncommon strategy.

All that said, yes this could be a sign of further bad news lol. I'm just saying we don't know yet.

 

[HD64G]

The boarding counsil showed they mind the shareholders' best interests by shoving Pat out. They bought some time but that has nothing to do with the real problems Intel is facing. The CPU sector is doing really bad and the GPU one never took off and never will do so. The OEM agreements saved them for years now but cannot sustain both their R&D and marketing expenses needed for long.

 

[Prima.Vera]

Nvidia is coming into the CPU space, so I have a feeling gamers will be milked by a new yet familiar force.

Unless they buy an x86 license holder company, no way they can compete in Desktop space, relax.

 

[Dr. Dro]

Unlike the fanboying nonsense being displayed in some of the comments above, I think Pat did a lot of good while he was at the helm. We have the ARC GPU's, both card and IGP versions, we had the BIG/little thing which turned out decently and few other things he helped with or started. My only real complaint is that he didn't revisit the HEDT market sector, but with the challenges of the pandemic...

Pat was a positive person and he left a good mark on Intel and the world.

Enjoy retirement Mr Gelsinger!

It's not TPU if no one is rushing to the defense of AMD while simultaneously blasting Intel and Nvidia for simply existing haha

I too have a relatively positive view of Pat. He got Intel through some very troubled times, I'd say Intel hasn't been stable ever since Brian Krzanich had to resign for doing an Intel Inside his secretary

 

[BoggledBeagle]

I do not believe that mr. Gelsinger had enough time to influence the building blocks from which to make products, but he already could have influenced what to put together from these blocks.

While Intel in the past boasted about having the best gaming CPUs, Gelsinger did not seem to care about this segment at all. Of course, they make a lot of other products than gaming CPUs, and in the grand scheme of things this market may not be that important for the company, but the total lack of interest is noticeable and it probably had no positive effect on anything.

BTW I think that delivering a bit underwhelming Arrow lake - a first product which is radically different than all previous monolithic CPUs is quite excusable, but Intel probably really needed to deliver some decisively good and compelling product.

 

[R0H1T]

I too have a relatively positive view of Pat. He got Intel through some very troubled times, I'd say Intel hasn't been stable ever since Brian Krzanich had to resign for doing an Intel Inside his secretary

BK likely isn't even in the top 3 dud CEOs for them; right at the top it probably should be Paul Otellini, then Craig Barrett & maybe Bob Swan tied(?) with Krzanich.

 

[ZoneDymo]

hmm didnt see that coming, weird too, it seems they had a vision with some pains and struggles in the immediate future to then eventually have a solid base...but he dips.

 

[R0H1T]

Could've had something to do with the CHIPS grants! The equivalent of those slap on the wrists post 2008 bailouts, for every company/bank that was helped by the govt back then.

 

[Wirko]

BTW I think that delivering a bit underwhelming Arrow lake - a first product which is radically different than all previous monolithic CPUs is quite excusable,

Maybe but manufacturing wise it's hardly an Intel product, and that's inexcusable.

 

[Chomiq]

On a serious note, I wonder what his retirement package will be in comparison to all the people that were laid off this year at Intel worldwide.

 

[Wirko]

Oh good grief was that just wrong. Funny, sure, but wrong..

Staying in bed with Dell, HP, Lenovo and probably a couple others is not technically an incest, although at least metaphorically it is.

 

[RandallFlagg]

BK likely isn't even in the top 3 dud CEOs for them; right at the top it probably should be Paul Otellini, then Craig Barrett & maybe Bob Swan tied(?) with Krzanich.

They all played it safe until the advantage they started with was pissed away.

The problem Gelsinger had is that it takes 5 years from start to silicon to make a new CPU. So whatever they were designing when he took the reigns, won't see the light of day until 2026-2027.

That said, Raptor Lake (enhanced Alder Lake, both versions) as well as Rocket Lake (Ice Lake 14nm) were created at Pat's behest. They weren't new but stopgaps to buy more time for their nodes to catch up. Intel's original roadmap should have had them on Alder Lake in 2019, not 2022.

IMO Lunar Lake is the first real sign that Intel was back on the path to dominance. Granite Rapids and Sierra Forest also signal that they caught up with AMD. Probably too little too late though, Arrow Lake is a flop and they are using too much TSMC to fab on their new chips. It's a very mixed bag.

 

[BoggledBeagle]

Maybe but manufacturing wise it's hardly an Intel product, and that's inexcusable.

The weird fat Irish lady responsible for manufacturing development should probably leave too. Sorry to be this blunt.

 

[Wirko]

Well now I lost what little faith I had in the company.

I still tend to be cautiously optimistic. Stock price is up. We can ridicule naive and stupid shareholders and market analysts all we want, they have information most people don't have.

 

[trparky]

Pat didn't retire; he got retired.

Pat was given an ultimatum: either retire (with a semblance of honor) or be handed a box, told to clean out his desk, and unceremoniously shown the door. Pat chose the first option.

 

[stahlhart]

fanboi's are now gamers? so doing 5% innovation over the previous gen and marking/jacking up X3D chips price is caring much? and making them as paying beta testers as well?

Check the battery in your sarcasm meter.

 

[Wirko]

That said, Raptor Lake (enhanced Alder Lake, both versions) as well as Rocket Lake (Ice Lake 14nm) were created at Pat's behest. They weren't new but stopgaps to buy more time for their nodes to catch up.

In the tick-tock-optimisation cycle, Raptor Lake was what? More cache, more E cores, improved ring bus speed, maybe a few other very minor optimisations. It could have been more. Millions of man-hours of capable engineers passed by between Alder and Raptor launches.