https://www.thelayoff.com/t/1bpZzyGR
CEO Pat Gelsinger said that he expects 10 “good years” of growth.
He will say anything to keep the talent here so he can collect his Golden compensation, dang I’d say the lies and spins to in his job as will any senior manager！
Let’s be serious who is growing?
Nvidia, AMD, Qualcomm, TSMC, Samsung, Dang everyone one them is eating Intel’s lunch. Pat is right the next ten years has never looked so good for them.
The Foundry’s have scale and superior technology and customers out the door. They both have one generation lead on Intel. You are darn right Pat the next ten years look spectacular to them. Even Intel needs to use external foundry to be competitive.
What is another definition of stupidity? Thinking doing it the old way with the same people will result in going from first to third back to first, LOL. Money was never the problem, getting people wasn’t the problem, it was management.
Visionary leaders skate to where the puck is. Managers just execute and tell me is there vision or strategy based on common engineering sense on why Intel will come back, there is none!
Look around from top to bottom can the few new ones and all the old ones bring the magic back, Nope!
Intel is the last place you want to spend your career if you have more than 10 years to work.
If you only have 10 then why not, get big salary, retention bonus and make ppt and ride the delusions narrative. Pat and executives have nothing to lose those with more than 10 years need have everything to lose to stay!