Look at TSMC, AMD, NVIDIA, BROADCOM.
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The business result looks like semester final result when you put all other 4 CEOs in the same class as Intel CEO. This is not by chance.
HP went the same way. Have you met similar guys/gals who are at the top of their game in top engineering schools? It is talent + competitiveness drive. Relentless drive.
The FUBAR is by people from Qualcomm and AMD who came at executive , VP, GM positions at Intel. These people from outside never understood how to carry forward intel and the company. Instead they just trickle down direction which they acquired over their experiences at non-intel companies.
Do not forget that these people were once lead by AMD’s and Qualcomm’s CEO.
Also JK who came from Apple. Same thing.
What happened after they all came at leadership positions was just layoffs and de-motivation of actual work horses at intel.
Bean counter Bob, bachelor's degree in business administration from the University at Buffalo MBA Binghamton University, consider past CEOs of intel
Noyce: MIT
Moore: Caltech
Andy: Cal
CRB: Stanford
Then the non tech and fakers and the downfall.
Must be demoralizing to be a smart PHD toiling away and see the second tier people at the top ruining the company.
Look at AMD or other turn arounds! Why doesn’t Intel recruit from the schools like San Jose State or Buffalo, well maybe URM and technicians, any questions why the FUBAR at Intel ?
More important than the outstanding education background of these Chinese CEOs is their culture background which values action more than talk. There is a Chinese saying, "Sit talking is not as good as rise working". That's totally opposite to the "certain culture" that the 1st post down below was referring to. Unfortunately that "certain culture" prevails within Intel.
The first 3 are led by Taiwan born, US educated CEOs with top tier engineering credentials (MIT, Stanford). The founder of TSMC Morris Chang was still CEO until just a few years ago, riding the subway to work. Morris is just 2 years younger than Gordon Moore (Moore's Law). Morris has BS, MS engineering degrees from MIT and a PhD from Stanford. Lisa Su has BS, MS, PhD in EE from MIT. Jensen Huang has BSEE from Oregon State (outlier), but MSEE from Stanford.
The last one is Singapore born, US educated (MIT engineering BS, Harvard MBA), and Hock Tan is considered the non-technical business guy of the four CEOs.
Now look at BK (BS Chemistry from SJSU) and BS (BSBA from Buffalo and MBA from Binghamton). Even Murthy got his PhD from some 3rd tier toilet in the UK.
You put intellectual lightweights in charge of a technology company (one that relies heavily on R&D) this is what you get - a big sh*t sandwich. Bon Appetit.
They dont spend a majority of their time pushing for Equity and hiring Botanists to meet quotas? Oops I mean goals, not quotas.
Makes perfect sense. Nepotism will k–l a sound, successful business rather quickly - because there is no real talent and co-workers not part of the “family” feel they can never get ahead. Then throw in the brown-nosing - no dignity. Gee, what culture’s like that?
All those companies have driven no BS and technically competent CEO who put a culture that rewards technical excellence and results. They are also humble and paranoid.
The last paranoid leader at Intel left the building a decade or more. Intel leaders are bean counter and ppt pushers.
So sad a downfall
@1aj+16crliiZ has a very valid point. When we talk about corporate culture and value, let's be honest to ourselves that the corporate culture and value we experience and practice every day –I'm not talking about the Intel values printed on a plastic card– is essentially a reflection of the belief and value of the management and technical leaders, shaped by the society and the cultural background where they grew up. If we all agree that Intel has a culture issue–otherwise we won't be where we are today–, then it's totally valid for us to examine the societal and cultural background of the management, whether it's compatible to Intel values, or American values, especially DIVERSITY. Every culture has its own merits and drawbacks, but nepotism tends to suppress merits and magnify drawbacks. Inbreeding wreaked havoc on the House of Habsburg. God forbid Intel becomes the next Holy Roman Empire.
Taiwan number 1, we need to protect them.
Once TSMC gets the chip orders from all companies , it can dictate the price for each of its customer ;-)
"Real men have fabs!"
Not anymore. Only the King can still have fabs. And he has to be able to put every competitor to the sword. This time, INTC's dripping head rolls down. Will it be able to grow a new one? Good luck.
Real men have fabs!
The fabs are very expensive. The cost structure is very top heavy. Intel still has some good market inertia but the propulsion is long gone. Once the electricity bill comes due, you can expect it to nose dive, weighted down by 2nd rate fabs like so many mill stones.
They all want to be Intel. You can argue that each of those companies do something better than Intel, but as a complete package Intel is still the king. Will Intel be able to keep the throne over the next 10-20 years is to be determined, but for now those companies listed all envy Intel even if they say or pretend different.
People of certain culture like to present exaggerated rosy pictures to the higher ups and drive slaves below. They are very successful in the US today. But organizations run by them cannot handle real competition. Such organizations are inherently corrupt and demoralizing. They can't fight wars.