Intel CEO optimistic about CHIPS Act’s future after trading texts with JD Vance

[hist78]

According to Reddit

https://www.reddit.com/r/hardware/comments/1fcvd2z

the officials are delaying payments because Intel is not giving them required information on its manufacturing road map.

I doubt that if Intel can’t provide the crucial information to the Commerce Department now (if that is true), Intel would suddenly find the file folder with the document somewhere in Pat Gelsinger’s office in 2025 and happily hand it over to whoever is managing the program in the Trump administration.

 

[hist78]

meo9725 said:
It's questionable if Intel will have any good people still left by the end of next year, much less by 2028.



Not true at all. Your welcome.

The biggest problem I have seen inside Intel for many years is that they have too many meetings and too many people that have analysis paralysis. Broadcom had a similar situation which Hock Tan took care of immediately. Pat G must fix this. Hold every employee accountable and really it is just refining job descriptions and holding them to it. The human element sometimes gets lost in the complexity of Silicon Valley, my experience.

"Pat G must fix this. Hold every employee accountable and really it is just refining job descriptions and holding them to it."


The following information is from a Google AI search. Comments are welcome if you have better data.

"Intel's employee headcount has fluctuated in recent years, with a 5.38% decline in 2023 but a rebound to 130,700 employees as of March 2024:

• 2023: Intel's total employee count was 124,800, a 5.38% decline from 2022.
• 2022: Intel's total employee count was 131,900, an 8.92% increase from 2021.
• 2021: Intel's total employee count was 121,100, a 9.49% increase from 2020.
• 2020: Intel's total employee count was 110,600, a 0.18% decline from 2019."

Pat Gelsinger rejoined Intel on February 15, 2021. Under his leadership, Intel added a whopping 20,000 employees by early 2024.

Now, the same Pat Gelsinger, as Intel's CEO, is saying that Intel's costs are too high and has begun laying off 15,000+ employees. Where is his accountability? Intel and any corporations should stop treating people as disposable tools.

 

[osnium]

"Pat G must fix this. Hold every employee accountable and really it is just refining job descriptions and holding them to it."


The following information is from a Google AI search. Comments are welcome if you have better data.

"Intel's employee headcount has fluctuated in recent years, with a 5.38% decline in 2023 but a rebound to 130,700 employees as of March 2024:

• 2023: Intel's total employee count was 124,800, a 5.38% decline from 2022.
• 2022: Intel's total employee count was 131,900, an 8.92% increase from 2021.
• 2021: Intel's total employee count was 121,100, a 9.49% increase from 2020.
• 2020: Intel's total employee count was 110,600, a 0.18% decline from 2019."

Pat Gelsinger rejoined Intel on February 15, 2021. Under his leadership, Intel added a whopping 20,000 employees by early 2024.

Now, the same Pat Gelsinger, as Intel's CEO, is saying that Intel's costs are too high and has begun laying off 15,000+ employees. Where is his accountability? Intel and any corporations should stop treating people as disposable tools.

When the economy is bad, companies can get away with treating people as disposable tools and there is nothing that people can do about it unfortunately.

 

[osnium]

It's questionable if Intel will have any good people still left by the end of next year, much less by 2028.

Intel’s Oregon layoffs by the numbers: VPs, fellows and engineering all took hits

Executives, scientists, engineers and administrative assistants all took a hit.

www.oregonlive.com

The Oregonian reported that they laid off 10 Intel Fellows who are the best engineers that Intel has. Very tragic and unfortunate.

 

[Daniel Nenni]

Do you think Intel should reduce its reliance on consulting firms like McKinsey? Intel managers should be capable of understanding the company's challenges internally. In my opinion, relying on external analysts to evaluate issues shouldn’t be the primary approach.

Safroadu (Saf) Yeboah-Amankwah

Safroadu (Saf) Yeboah-Amankwah is senior vice president and chief strategy officer at Intel Corporation.

www.intel.com

Definitely and get rid of the executive coaches and other unnecessary overhead. Look at how many VP's Intel has versus Nvidia or Broadcom? Executive Vice Presidents, Senior Vice Presidents? Vice Presidents? What is the difference?

And why are there two of these?

Naga Chandrasekaran​

Naga Chandrasekaran is executive vice president and chief global operations officer at Intel Corporation.

Keyvan Esfarjani​

Keyvan Esfarjani is executive vice president and chief global operations officer at Intel Corporation.

Intel is like a bank with all of their Vice Presidents.

 

[Daniel Nenni]

Intel’s Oregon layoffs by the numbers: VPs, fellows and engineering all took hits

Executives, scientists, engineers and administrative assistants all took a hit.

www.oregonlive.com

The Oregonian reported that they laid off 10 Intel Fellows who are the best engineers that Intel has. Very tragic and unfortunate.

I do not agree at all. What is the average age of an Intel Fellow? Are they just waiting on retirement? Does a Fellow have any accountability? Please someone tell me what a fellow actually does at Intel?

 

[samwilde]

Pat Gelsinger rejoined Intel on February 15, 2021. Under his leadership, Intel added a whopping 20,000 employees by early 2024.

Now, the same Pat Gelsinger, as Intel's CEO, is saying that Intel's costs are too high and has begun laying off 15,000+ employees. Where is his accountability? Intel and any corporations should stop treating people as disposable tools.

Back then Intel were running high on sales of PCs during the pandemic so they had the money. And it is not like those 5 processes in 4 years develop themselves.

Chip development is happening much faster than previously. For example you had Intel release Meteor Lake in Q4 2023 and Arrow Lake in Q3 2024. A new architecture in a new process every year.

If you look at Intel's product schedule before Gelsinger came back, with Comet Lake and earlier, Intel was releasing a new chip every two years. Often with the same process. That is how they lost their lead to AMD and TSMC.

Now Intel has to move faster than everyone else in the industry to close the gap and that takes a substantial amount of resources. Including people.

Intel has finally closed most of the gap in server processor performance and hopefully they should start recovering in datacenters over the next years.

Intel's 3nm fab at Ireland is producing Granite Rapids. These processors have twice the cores of their predecessors. Which match AMD's equivalents in core and thread count. So they make Intel way more competitive in that segment. Prior to Granite Rapids Intel was losing to AMD in both core and thread count per socket. Intel has had a lower core and thread count than AMD ever since AMD Epyc on the Zen core was released in 2017.

Sierra Forest also helps Intel address their gap in the dense server sector enabling them to better compete with AMD and ARM offers in this segment. But I think its performance is likely still lackluster. It will probably take its successor in the 18A node with 3-wide OoO resources to compete properly against its rivals.

 

[osnium]

I do not agree at all. What is the average age of an Intel Fellow? Are they just waiting on retirement? Does a Fellow have any accountability? Please someone tell me what a fellow actually does at Intel?

Mark Bohr was an Intel Senior Fellow and he helped make decisions that led to high-k MG and finfets. Fellows have also helped with key technological development and thus truly are the best engineers at Intel. It’s a body blow to Intel to lose them.

 

[osnium]

Definitely and get rid of the executive coaches and other unnecessary overhead. Look at how many VP's Intel has versus Nvidia or Broadcom? Executive Vice Presidents, Senior Vice Presidents? Vice Presidents? What is the difference?

And why are there two of these?

Naga Chandrasekaran​

Naga Chandrasekaran is executive vice president and chief global operations officer at Intel Corporation.

Keyvan Esfarjani​

Keyvan Esfarjani is executive vice president and chief global operations officer at Intel Corporation.

Intel is like a bank with all of their Vice Presidents.

Good question. The press reported that Naga is replacing Keyvan.

Intel’s Manufacturing Team Gets Second Leadership Shakeup This Year

Intel said Micron Technology executive Naga Chandrasekaran will take over global manufacturing operations from 29-year company veteran Keyvan Esfarjani.

www.crn.com

 

[XYang2023]

Can someone share more information on what Intel and Commerce Department can't agree? I can't tell if those holdouts will go away after the new Trump administration is in charge next year. Other than Trump, I think most Trump's cabinet members have higher political inspirations. They need to be careful the CHIPS Act grants to Intel won't become a serious baggage in their future political career if those issues are already pointed out by the Biden administration.

Related to Trump admin:

https://www.reuters.com/world/us/trump-says-haley-pompeo-will-not-join-second-administration-2024-11-10/

Likely pro-Taiwan picks for Trump's cabinet imply continuing U.S. support: Experts - Focus Taiwan

The Taiwan-friendly candidates tipped to be Trump's secretary of state and secretary of defense pointed toward U.S. support for Taiwan continuing under the incoming Donald Trump administration, experts said Thursday.

focustaiwan.tw

Mike Pompeo pledges ongoing support for Taiwan│TVBS新聞網

Discover how former U.S. Secretary of State Mike Pompeo pledges ongoing support for Taiwan and regrets not aiding Hong Kong more, amid calls for increased U.S. visits to affirm Taiwan’s sovereignty.

news.tvbs.com.tw

Taiwan should be full member of United Nations: Nikki Haley - Focus Taiwan

Former United States Ambassador to the United Nations Nikki Haley on Wednesday called on the U.N. to "stop ignoring" Taiwan and argued that Taiwan deserved to be a "full member" of the international organization.

focustaiwan.tw

 

[blueone]

Mark Bohr was an Intel Senior Fellow and he helped make decisions that led to high-k MG and finfets. Fellows have also helped with key technological development and thus truly are the best engineers at Intel. It’s a body blow to Intel to lose them.

Bohr was a best case example. There are many others who were more in the realm of political appointees. Some Intel Fellows are among the best in the industry, many in my experience are not.

 

[blueone]

I do not agree at all. What is the average age of an Intel Fellow? Are they just waiting on retirement? Does a Fellow have any accountability? Please someone tell me what a fellow actually does at Intel?

Intel Fellows are responsible for leading technical initiatives and defining and managing technology strategies. Fellows get performance reviews like any other employees. But as a group there is, like any other sufficiently large group of individuals, wide variance in capabilities and tangible accomplishments.

 

[Daniel Nenni]

"Pat G must fix this. Hold every employee accountable and really it is just refining job descriptions and holding them to it."


The following information is from a Google AI search. Comments are welcome if you have better data.

"Intel's employee headcount has fluctuated in recent years, with a 5.38% decline in 2023 but a rebound to 130,700 employees as of March 2024:

• 2023: Intel's total employee count was 124,800, a 5.38% decline from 2022.
• 2022: Intel's total employee count was 131,900, an 8.92% increase from 2021.
• 2021: Intel's total employee count was 121,100, a 9.49% increase from 2020.
• 2020: Intel's total employee count was 110,600, a 0.18% decline from 2019."

Pat Gelsinger rejoined Intel on February 15, 2021. Under his leadership, Intel added a whopping 20,000 employees by early 2024.

Now, the same Pat Gelsinger, as Intel's CEO, is saying that Intel's costs are too high and has begun laying off 15,000+ employees. Where is his accountability? Intel and any corporations should stop treating people as disposable tools.

 

[hist78]

View attachment 2449

I believe the IDM business model is one of the major reasons that caused Intel to have such high employee headcount. IDM business mentality tends to do everything end to end, in-house.

 

[hist78]

View attachment 2449

By the time Intel announced the 15% layoff in August, Intel's employee headcount had increased to 130,000, more than the 125,000 shown in the graph.

 

[nghanayem]

I believe the IDM business model is one of the major reasons that caused Intel to have such high employee headcount. IDM business mentality tends to do everything end to end, in-house.

At the meeting where Intel explained the new accounting model, Intel claims that Intel foundry is less than 1/3 of the total head count. So being and IDM has very little to do with Intel's bloat. Now should Intel foundry have around half the headcount of TSMC while having like a fifth the cleanroom space? Even acknowledging that the TD HC is independent of volume and that Intel also has the world's 2nd or 3rd largest OSATs (as opposed to TSMC who doesn't do any traditional assembly test), my gut says probably not. My point still stands though because even fables Intel has a far larger headcount than a manufacturing company like TSMC.

Also Intel has a much wider net of product categories than Nvidia (so it is only logical Intel has more design headcount than NVIDIA unless your assumption is that Intel products should be far more efficient than NVIDIA).

 

[SemiFunctional]

Good question. The press reported that Naga is replacing Keyvan.

Intel’s Manufacturing Team Gets Second Leadership Shakeup This Year

Intel said Micron Technology executive Naga Chandrasekaran will take over global manufacturing operations from 29-year company veteran Keyvan Esfarjani.

www.crn.com

Good spot by Daniel, yes Keyvan is retiring and Naga is taking over. Naga has been with us for few months and he seems really good so far, the guy is an exceptional communicator. He knows our issues and he has plans, he just needs to execute. I have confidence in this appointment!

 

[Claudio DD]

Did Gelsinger

Intel CEO Pat Gelsinger told employees Friday that he has texted with Vice President-elect JD Vance since the election and that Gelsinger is optimistic that the incoming Trump administration will support efforts to boost the domestic semiconductor industry.

There is a key aspect here missing, an Industry needs customers. Where are the customers of Intel?
if the plan is that American companies should use American foundry then there is also the question of what will happen if other countries - with a much bigger consumer base - would do the same.

 

[siliconbruh999]

Good spot by Daniel, yes Keyvan is retiring and Naga is taking over. Naga has been with us for few months and he seems really good so far, the guy is an exceptional communicator. He knows our issues and he has plans, he just needs to execute. I have confidence in this appointment!

Are you an intel employee? If yes can you please answer few question it's fine if you don't want to

 

[DepthFirst]

Did Gelsinger

There is a key aspect here missing, an Industry needs customers. Where are the customers of Intel?
if the plan is that American companies should use American foundry then there is also the question of what will happen if other countries - with a much bigger consumer base - would do the same.

Which country has a larger consumer market? When you compare by Household final consumption expenditure, the US is roughly as large as the other top 5 combined.