Intel has become a victim of its own dilemma – while focusing on personal computers (PC) and data centers during the early days of the twenty-first century, the company missed out on the smartphone rush, followed by another missed opportunity when the market was all about artificial intelligence chips.
https://www.kaohooninternational.com/markets/545074
X86 cult is, was and apparently appears to be alive and well - despite the world clearly stating it’s dead - honestly, it beggars belief.
The new strategy is to ‘double down on x86’ … muppets
BUMP for a good laugh for breakfast: ... and worse yet Intel did TRY to create new businesses... (original poster: @rrv+1uGYDgH2)
... but they always try the brute force approach of over investing hundreds of millions of dollars (billions actually when you add in $50 Billion of failed acquisitions..) and when they don't succeed quickly, they shut the thing down... No longevity. No outsiders. No patience. Repeat same mistakes over and over.
Also, Intel always seems to put inept Intel manages in charge of new business start ups and constrain those businesses to operate just like Intel. They get smothered with IA mantra. Andy called this the Creosote Bush.
Look at IFS, Pat over invested and put Stu Pann in charge. Stu Pann was a pricing / operations IA wonk that was so far removed from understanding how TSMC and fab businesses actually operate that the failure was predestined.
Anyway, the brutal reality of capitalism is now consuming Intel and the financial vultures are circling the carcass.
Missing ViiV from the list lol!!
Intel suffered from the innovator’s dilemma.
The phenomenon is not unique to Intel and has doomed many tech companies in the past.
Intel empire was leaded by smart people until the id--ts outperformed them and took over.
... and worse yet Intel did TRY to create new businesses... but they always try the brute force approach of over investing hundreds of millions of dollars (billions actually when you add in $50 Billion of failed acquisitions..) and when they don't succeed quickly, they shut the thing down... No longevity. No outsiders. No patience. Repeat same mistakes over and over.
Also, Intel always seems to put inept Intel manages in charge of new business start ups and constrain those businesses to operate just like Intel. They get smothered with IA mantra. Andy called this the Creosote Bush.
Look at IFS, Pat over invested and put Stu Pann in charge. Stu Pann was a pricing / operations IA wonk that was so far removed from understanding how TSMC and fab businesses actually operate that the failure was predestined.
Anyway, the brutal reality of capitalism is now consuming Intel and the financial vultures are circling the carcass.
Intel elevated people who towed the x86 mantra. It is a cult mentality. They never listened to the lower ranked people who held contrarian views or worked on projects that could have propelled it. When you are soaked in the legacy money selling PCs and then servers, the arrogant among the employees became Principal Engineers, Fellows and so on. They grounded projects that could have built an ARM empire and projects that were focused on these areas were essentially shelved. Anyone remembers the StrongARM processor team that they got from Digital Equipment Corporation (DEC)? About the acquisitions that were bought and sold for a loss (Mcafee, WindRiver), the less said the better. Intel wanted employees to be echo chambers and they let go off others who held contrarian ideas.
Intel became so good in protecting its moat in pc and server segments that it ignored to venture in opportunities outside of these markets. When process lead started to dry so as the moat that they thought would never dry out. Now it’s too late and the castle is crumbling. So sad…
Existential Crisis ?! bah ha ha ha ha ha.
@Op has a flare for the dramatic...
In capitalism, companies come and go. Sure, it's painful in the short run for the workers... but in the long run capital is deployed to it's most effective uses and people will shift to more valuable activities as inferior companies decay and vanish.
Intel people so d-mb
The Wimax saga was a freak show. Watching the top world cellular operators and Telco equipment OEM laughing at our faces while we tried to convince them to drop HSPA and LTE in favor of Wimax because we know better than them was priceless
I remember during the internet bo-m that Andy Grove specifically mentioned harnessing the internet as one of Intel's top 5 missions. The vision was there--it just didn't happen. Need to take a hard look: why did it not happen?
I worked partly on the wimax mess jn trying to push regulatory changes on spectrum. It was all a delusion driven by Sean Maloney, he was eventually the only person who believed in it and so kept pushing it long after it was all but dead as a non starter in the market. Unfortunately as in many other things, PSO didn’t have the ba--s to stand up and say no to Maloney. Intel has been run by a cabal of deluded yes men for decades. A corporate sect basically
Yup and our attitudes didn’t help at all. Others are enjoying our fall. They see it as our comeuppance for years of unwarranted swagger and cockiness
Instead, we tried
Mcafee
Altera
Meego
WiMAX
https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Intel#Acquisitions
The company hasn’t been an innovator since the 1990s or so. Centrino was probably the last meaningful and successful innovation