What a ridiculous title:
Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker's only shot
Tan Has a ~Year to Fish or Cut Bait
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What a ridiculous title:
Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker's only shot
siliconbruh999
Well-known member
Modern Journalism we had worse rumors for Intel than this everyone hate's Intel it seems there has never been a positive Intel rumour
I don't know about that. TP Morgan (editor in chief of TheNextPlatform) has been a Gelsinger fanboy for a long time, and published this love note when he came back to Intel. The article is full of inaccuracies and silly opinions, and when I first read it in 2021 I started laughing a few times, but just to counter your "never" term, have fun reading this in retrospect:Modern Journalism we had worse rumors for Intel than this everyone hate's Intel it seems there has never been a positive Intel rumour
Finally, The Right Pilot At The Intel Helm
Running a company of any size is the hardest thing you will ever do. And having run a few of them ourselves here at The Next Platform, when we see
www.nextplatform.com
Morgan also slipped in little love notes about PG in various other articles later on.
Mooredaddy
Well-known member
Tan is certainly the right man for the job but I am curious as to how much time Intel itself has for a turn around. It seems to me the turnaround is time limited by intels financials and not an artificial time limit on Tans leadership. If we don’t see a material turnaround in financials soon, how can intel hope to change its strategic position? Genuine question for those who know far more than me. They are still burning billions a year and have already loaded up on debt and JV’s selling off 49% of profits from in construction fabs. Things seem quite constrained for movement.
How much time he gets will all be about what he says and does and if he walks the talk.Intel’s New CEO Reportedly Has A Year For Turnaround With Buyout Deals Off the Table – Retail Backs Him, But Not the Stock
Instead of selling the entirety or parts of its business, Intel is reportedly exploring outside financial backers, including customers interested in taking a stake in its manufacturing unit.
Intel’s stock climbed over 1% in pre-market trading Friday, extending Thursday’s near-15% rally after the company named Lip-Bu Tan its new CEO. The appointment ends over three months of leadership uncertainty following Pat Gelsinger’s forced retirement in December.
Intel’s New CEO Reportedly Has A Year For Turnaround With Buyout Deals Off the Table – Retail Backs Him, But Not the Stock
Instead of selling the entirety or parts of its business, Intel is reportedly exploring outside financial backers, including customers interested in taking a stake in its manufacturing unit.newsable.asianetnews.com
He talks about underpromise and over deliver. Also he care about the customer, I don’t think
Pat really was customer service oriented, Pat was an arrogant old school Inteler. Pat couldn’t contain himself and over promised and under delivered and that simply became intolerable is my guess.
I’d say yes! How many companies can survive the missies of five CEOs: Paul, BK, Bob, Pat and Li-Bu!
Technology is so fast moving and unforgiving and Intel missed on Mobile, AI, foundry and fumbled so many other smaller opportunities due to combo of singular arrogant focus and also a most failed BoD.
The first job Li-Bu will be to clean out the BoD, ELT, cull half the EVP, CVP and VPs and another 15-20k employees
Intel is a very cash-cow'y business. And all predecessors played to "Intel Inside", chokehold on OEMs, and keeping cranking Xeon sales.
For as long as they weren't like 200-300% behind AMD, nothing would've endangered their cattle.
Intel can sell Altera and Mobileye if cash is needed. I think they should sell them anyway and focus on the core business.
I think LBT might prefer keeping Mobileye as autonomous driving is about taking shape. But Mobileye needs to be better managed.
I prefer him getting money from elsewhere to pop up funding using more creative ways.
"Funding – Potential sources include capital from Asia and the Middle East, as well as collaborations with Samsung on foundry operations. Additionally, companies like Nvidia, Broadcom, AMD, and Qualcomm could be potential foundry customers."
If Intel would simplify its organisation structure by reducing headcount targeting the middle, assuming saving per person is $250K, that is 2.5B per year, which can be used to fund other areas such as data centre GPU/accelerators. It should also try to lower TSM usage to 15%, the low end of the range, or even lower.
My concern is that Mobileye will be replaced by custom chips from the automotive companies, like Tesla did. It is only a matter of time, just like the other off-the-shelf chips.
Maybe. But there are many automakers. I think the market should be big enough for it to grow. Many people would prefer buying a Toyota or Subaru that can handle highway driving.
Mobileye's moat was probably its software. I read somewhere that they refused to meet the customization requirements of Chinese automakers, possibly out of fear of losing trade secrets, and as a result, they essentially lost the Chinese market.
siliconbruh999
Well-known member
This is tough any company will think twice before risking the trade secrets