Seriously, It all happened so fast even push ups Pat was caught flat footed. Went to killing it during the pandemic years to a collapse in a hot second.
Look, the Raptorlake debacle is enough to break them.Don't count your chickens before they're hatched.
Ridiculous, you're overreacting.Look, the Raptorlake debacle is enough to break them.
Why?
They still have 80/20 marketshare, the number that has never been breached. Breaking trust is how you break it. And when the shift happens it'll be impossible to stop.
Remember they are propped up solely by client revenue. 80% or so of their revenue? When that collapses, everything will go away very quickly. It won't matter if Intel has better product. That didn't make AMD get great client share.
That said, the one severe worry I'd have is in this chart:
No, he is quoting bible verses on social media and doing push ups on stage. r/whatcouldpossiblygowrong? 🤣And it's not like Pat is quietly waiting with his hands in his pockets for the sharks to eat him,
Calling Morgan Stanley & co to cook the books is not a dumb move, unless they somehow want to see Intel dismantled. Which realistically is a very bad idea, some low IQ vulture stuff.No, he is quoting bible verses on social media and doing push ups on stage. r/whatcouldpossiblygowrong? 🤣
Am I? Really?Ridiculous, you're overreacting.
-Weakest macroeconomy with trillions of debtThose numbers add up to Intel holding 78% of the market and AMD with 13% of the market share. That leaves just 9% of the market, which it is assumed belongs to Apple, Qualcomm, Arm, and MediaTek.
Boom and bust. Sucks to suck. MBA's inflicted this on themselves.How do the shareholders feel now? I bet most of the wise ones who saw the writing on the wall have bailed out already.
The chart is pretty misleading, because it doesn't mean that less money is flowing into Intel.That said, the one severe worry I'd have is in this chart:
And in the statement the latest MLID guest said.
Basically, it seems the industry has effectively already given up on Intel as the main purveyor of server chips.
Is there any evidence that Gelsinger is actually a capable CEO?Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years.
Is it Gelsinger's fault or the BoD? Gelsinger said he wasn't able to cut dividends and stock buybacks as quickly as he'd liked. It should have been cut IMMEDIATELY in 2021 soon as he was CEO.
I thought they gave him more control?
This is why mega corporations fail. Even if the CEO is actually capable, one hand is tied behind his back.
Every day I believe less and less of it.Is there any evidence that Gelsinger is actually a capable CEO?
Very much so.Am I? Really?
Irrelevant, the entire world is a giant ball of debt. Actually the fact that they have actual Fabs is still putting them ahead of most of the "my service is debt and I sell more of it" companies.-Weakest macroeconomy with trillions of debt
-$46 billion in debt
It's a lot more subtle than that.-Uncompetitive products
-Massive investment in foundry
The problems run deep. But I'll be honest I never expected anything out of the mixed stuff when the GPU side alone was just not mature. I can't even remember what Falcon Shores was meant to be, after that ridiculous Raja chip that had a zillion chiplets and no clients, I lost interest.-Shedding of products with potential. Falcon Shores is just GPU now? What's the point? CPU/GPU was always where it was at. AMD reported fastest growth of a product line in history. $1 billion/quarter just due to MI300X. They missed the boat, and badly. How could Pat allow this?
We'll see. Impact can be huge or very mitigated. It's all about the marketers and the next gen product. And AMD sucks real bad at marketing.-Raptorlake fiasco.*
*This is bigger than many of you realize. Intel during Alder/Raptor had a silver lining, and that was Desktops. Look back at revenue numbers between Intel/AMD. Intel took desktop share. Now Raptorlake is being at the spotlight for issues. The product line that was the silver lining is the core of the problem.
Wut? They went from 80% DC marketshare to 10% and you think that it "doesn't mean that less money is going in"???The chart is pretty misleading, because it doesn't mean that less money is flowing into Intel.
He is technically competent, which is what Intel lacked for so long. But I think the fundamental problem is in the culture. Intel held on to that image of being the top of the top, everyone else, AMD was just a noisy fly, Nvidia was that small company doing GPUs for Gamers, while they held 120000+ employees and NV/AMD were 1/10th of that.Is there any evidence that Gelsinger is actually a capable CEO?
This is the problem. Intel was the driver for newest memory standards. They supported the fastest speeds, and were the first to adopt newest RAM versions. Their chipsets had the fastest memory controllers too. They had top tier SRAM in density and latency.The belief that "we are the best anyway, nothing can really touch us" seems deeply ingrained, and that complacency literally kills.
Doesn't help that apparently a ton of competent engineers fled Intel while most of those who came in were welcome and led by people whose main quality was saying that they were in control and that the best thing to do was just obey. A typical case of streaming out competent people and leaving the chaff in control.
For a simpler company like AMD back in the days having an "Engineer CEO" might be beneficial. Maybe he's a good engineer but CEO of Intel corporation, not so much.He is technically competent, which is what Intel lacked for so long. But I think the fundamental problem is in the culture.
If rumors are true, all of their best stuff is being produced by the company they are supposed to be competing with successfully. How the hell does that work long term when your vision is the foundries will save us? Which now partially belongs to private equity. IEEE types always miss the forest for all of the trees in the way. I have never seen anything like this. I am over here like -At least the stock is up on the "rumor". I was betting on Pat to turn it around, but what that turn around looks like remains to be seen.
They are attempting to use their latest node, 3nm, to break back into the data center/server space. The all E-core offerings are decent in perf/w, and certainly look better than their 10nm stuff, but still not beating (or matching) Bergamo in perf/w overall. If their 3nm is REALLY what 3nm should be, they should be comfortably ahead. We'll see what their Granite Rapids brings with its Redwood Cove P cores on 3nm, those cores were designed for 4nm/3nm from the start, I expect a lot better perf/w than the Raptor Cove SPR and EMR.
It doesn't have to mean it if the total pie gets much bigger. Let's say last year Intel made 50 dollars and Nvidia 10 dollars, and this year Intel still makes 50 dollars but Nvidia makes 100. Intel had 83% last year, but this year they only have 33%, but they've made the same amount of money.Wut? They went from 80% DC marketshare to 10% and you think that it "doesn't mean that less money is going in"???
So, it doesn't sound like he's a competent CEO - at least not for a company like Intel. It's a hard job and he needed to do hard things, and he didn't do them (at least not on time).Gelsinger should've gone in with a bazooka and fired a ton of people early, but in a giant corpo, it's very hard to do, and he may have believed for too long that it wasn't possible to shake the house and get results. And maybe it isn't, and Intel will choke on itself.
His vision was the foundries will save us, yet it appears the competition is producing all of their best stuff. If you are a stockholder, how does that sit with you?So, it doesn't sound like he's a competent CEO - at least not for a company like Intel. It's a hard job and he needed to do hard things, and he didn't do them (at least not on time).
Magical friends! YESSS 👻👻👻His vision was the foundries will save us, yet it appears the competition is producing all of their best stuff. If you are a stockholder, how does that sit with you?
This company has a CEO that thinks invisible magical friends will help them. And worse yet, takes solace in that. Push ups Pat is a failure, and they need to can him and find a Lisa Su before they end up on the scrap pile of history.
That was harsh. I will now entertain posts that convince me I am overly pessimistic.