Will TD keep hiring or will they freeze their reqs now that Pat is out?

Keep in mind the issue here, by all appearances, is whether to break up the company, plus disagreement about staffing needed to run the existing business Pat (and the loser Foundry manager who recently was 'Retired') was not cost efficient in the... — read more 

Interesting comments from the UBS Technology conference. Pat is gone, and nothing changes.

If ~220 jobs can be performed Hybrid, why are companies sponsoring/supporting/continuing L1 Visas?

I kissed the right arses to get to where I am, but now those folks are all gone 😟

With Pat gone, is Altera going the IPO route still or the board wants full sell off now? Lattice deal might be looking plausible at this point?

Do you think the interim CEOs will dare to initiate layoffs while they're in charge, or have we earned a brief reprieve at least until the search for the new head honcho wraps up?

No sign of her in the recent ACM. Is she bailing out too

The shareholders should sue the Board for letting gelsinger get out with a package like his. This man has done nothing but harm to the company and must not be allowed to benefit from his tenure there. And to gelsinger himself: accepting severance... — read more 

Judging by the market reaction everyone thinks Intel is dead meat. The only question seems to be whether it may still be able to donate some of its organs or will go into the grave as-is.

People like .. Nick M....Sachin K... Mr. Lavender and all the cronies?

So Pat can escape with a golden parachute, but people are too scared to raid the Intel dumpster for free computers or go on strike? Stop waiting for billionaires like Pat or Elon musk to save you. Only the working class can save itself.

https://www.cnn.com/2024/12/04/tech/intel-brand-decline-gelsinger-retirement/index.html Now everyone and their grandmas knows that Intel is a failed company. Too late for that guy who yolo'd his $700k inheritance from his deceased nana into INTC — read more 

Having worked at his previous employer, now following this latest train wreck, I’m curious what do Boards see in him? Is it tied to his religious evangelism? Is he a world class BSer? I’m befuddled whenever an Exec with a failed track record is so... — read more 

Why don't we just release a basic GPU with 128GB RAM and eat NVidia's local generative AI lunch? The networking effect of all devs porting their LLMs etc. to that card would instantly put them as a major CUDA threat. But finance folks running... — read more 

When LBT quit the board, he expressed that intel middle management is the problem. https://semiwiki.com/forum/index.php?threads/intel-board-member-quit-after-differences-over-chipmakers-revival-plan-reuters.20863/

When 99 percent of your workforce is celebrating your departure, you have to know what a colossal failure you've been at your job.

From Michael Saylor on X: Last week, $MSTR's treasury operations delivered a BTC Yield of 2.55%, providing a net benefit of ~9,850 BTC to our shareholders, or ~1407 BTC per day. At $95K per BTC, that would equate to $936 million for the week, or $134... — read more 

Frank D Yeary, James Goetz, Omar Ishrak, Alyssa Henry, Tsu-Jae King Liu, Risa Lavizzo-Mourey and Gregory D Smith. These BoDs have been around since 5-10 years. IMO, they have MASSIVELY FAILED their duties - more than any recent CEO. These folks... — read more 

More like 5 CEOs in 4 years at this point.

https://www.reuters.com/business/intels-ceo-shortlist-candidates-include-former-board-member-lip-bu-tan-sources-2024-12-03/

Nada

What are you waiting for?

Brace yourself Lip-Bu Tan will be next CEO.

Sell all intel products to AMD and Intel foundry can merge with global foundries. US Govt strongly push (mandate) companies put 5 to 10% of their product production to Intel foundry, renamed to ASMC (America Semiconductor Manufacturing... — read more 

He was heavily focused on getting gov't welfare as if that was the same thing as getting customer demand, internal or external. He made promises on products and technology that was not based on reality, and was told along the way that the company... — read more 

With next to no coherent documentation on how to navigate or use them.

TD spending is completely out of control, some of which has been about attempting to catch up to TSMC but completely unsustainable as a Foundry. If the issue for Intel is one of bureaucracy and delusions of past success, then TD is maybe the... — read more 

"I bet the whole company on 18A" (or read Foundry instead). https://www.pcgamer.com/intel-ceo-admits-ive-bet-the-whole-company-on-18a/ He literally did just that. He may as well go to Vegas and gamble the company on the roulette. At least BK was... — read more 

Or is it only my department?

https://techcrunch.com/2024/12/03/pat-gelsinger-set-to-net-more-than-10m-severance-from-intel/

https://finance.yahoo.com/news/exclusive-intels-ceo-shortlist-candidates-142016335.html

By quitting the way and in the timeframe he did one can make the argument that Intel was in bad shape when he took over. So it’s not his fault. He can now have the narrative that Intel was always failing, and these were the cards he was dealt... — read more 

A few months? A year? I'm betting it's going to happen sooner or later.

Without Pat at the helm, who can stop the break up now?

Whoever this was.. https://www.thelayoff.com/t/1uXr2Vj2

Intel’s entire board needs a complete overhaul. There’s barely any relevant, successful technical expertise in semiconductors among them. They’ve got a guy from Boeing and someone with an M&A finance background—seriously? How are they supposed to... — read more 

Basically CHIPS act guarantees severance pay for CEO severance package, those recently VSP, ISPed , and coming layoffs