AMD is in rare view mirror.
I am betting entire company on 18 A.
This will be a greatest turnaround story ever.
What else....???
Reality... 25K layoff. 18 A canceled. 14 A - maybe? Fabless is the future - this is becoming the reality.
Happy Friday those who are still employed. And those you lost job - all credit goes to pastor P.
Pat has a super long but super skinny weiner. It looks like a witches finger. Thin, crooked, slightly twisted, like tree branches or talons. Try to imagine it. Look at a picture of him and try to picture it.
@cp but he had a Vision
This is all Pats doing and legacy. LBT is just doing the clean up. Pat needs to called out and fade away. His voice and opinions should be kept to himself. He destroyed an American Brand name institution. They will write this up and use as case studies in various universities’ business curriculum. He will forever be the man who ki-led Intel
1st red flag for me was…
“I will make YOU wealthy”
@an the board approved his vision. the board destroyed the company
Counting how many Intel stocks he bought earlier in his church
The story of Pat is the story of Larrabee and Falcon Shores. In each case we desperately needed such a product for that niche but the actual product was too underwhelming to sell and x86 was absolutely the wrong call.
So too for CEO Pat’s plan for the whole shootin match
@an
I would rather have a goal and fail then not and coast.
That's just me, though. You do you.
Why do people love to act like just Pat had some “vision” that he was good? His vision was dogshit and destroyed the company
@a1 First of all, OP should just go buy another Red Stapler and get over PG already.
Secondly, PG did have a plan but it was completely delulu, and mismanaged from the start.
Pat and the Board failed to recognize that it wasn't about building even more excess capacity, but that demand for x86 had long since started to slide.
Foundry should have already been spun off, consisting or just the fabs set to startup 18A, with EVERYTHING ELSE being sold to another foundry.
As far as foundry, customers TOLD them that they would only use IFS if it were an independent company. Intel could be an investor but not control the foundry.
I have no hate for Pat and see him as just another out of touch manager from the monopoly days, no better or worse than PSO or even BK, or the Board itself.
Reality is now setting in fast and foundry is going to be broken up into pieces and sold then spun off.
Should have been done at least 10 years ago, and just look at the damage which resulted.
Its the boards fault, not Pats. He was forced out mid fab build out due to lack of profits from foundry. Say what you will about Pat but he actually had a vision that didnt involve castrating the company like Lip Bu Tan and the board (I'm Looking at you Frank Yeary) are currently doing before eventually exiting the foundry side of the business.