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Pat Gelsinger takes the helm as Intel's eighth CEO

by Mark Tyson on 16 February 2021, 09:11

Tags: Intel (NASDAQ:INTC)

Quick Link: HEXUS.net/qaep7g

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The official transition has taken place and Pat Gelsinger is now Intel's CEO. The appointment came as a bit of a bolt from the blue back in mid-January and the transition from Bob Swan seems to have been rather speedy, being completed little more than a month later. If Intel was in hot water, its most recent financials didn't show it - but there was an underlying feeling that the firm had been knocked from its pedestal over recent years / months with AMD's ascendancy (a significantly smaller company) and the launch of Apple Silicon which must have hurt its pride. Certainly there was activist investor pressure for a serious change of tack – will Gelsinger deliver it?

Even as he was the CEO-in waiting one gets the feeling that Gelsinger was already been making waves at the company where he established his technology career (he spent 30 years at Intel before leaving to become VMware CEO in 2012). During the recent financial results conference call Gelsinger was made available to talk to investors about the next part of Intel's journey. Among the several interesting quotes from Gelsinger during the conference call, the incoming CEO stated that he had already been busy reviewing the firm's manufacturing operations and 7nm progress.

The Intel News Blog contains the video reproduced above, with the new CEO enthusing that Intel's best days are ahead. In a personal Twitter note Gelsinger added that "When I look @intel, I see limitless potential. This company continues to evolve, but one thing remains constant: we're just getting started." You can see the accompanying photo with Gelsinger standing considering the Intel HQ in Santa Clara, below.

You can read through Gelsinger's full biography here, and Intel has shared an interesting infographic of Gelsinger's progress here (PDF).



HEXUS Forums :: 5 Comments

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Hopefully he can steer Intel and give AMD some competition, so it's win/win for the consumer…
Latest face it Intel need a kick up the rear. Hopefully this will help - just no more dirty tricks against AMD to force OEMs to not sell them in the best products. I will vote with my wallet against that.
cheesemp
Latest face it Intel need a kick up the rear. Hopefully this will help - just no more dirty tricks against AMD to force OEMs to not sell them in the best products. I will vote with my wallet against that.

They don't need to that at all. AMD has massive supply issues which is jacking up prices and availability. Intel can win by default if they can outsupply AMD. Plus for DIY sales,they just dropped a ton of prices,which might even entice more system integrators to go back to using them.
CAT-THE-FIFTH
cheesemp
Latest face it Intel need a kick up the rear. Hopefully this will help - just no more dirty tricks against AMD to force OEMs to not sell them in the best products. I will vote with my wallet against that.

They don't need to that at all. AMD has massive supply issues which is jacking up prices and availability. Intel can win by default if they can outsupply AMD. Plus for DIY sales,they just dropped a ton of prices,which might even entice more system integrators to go back to using them.

Intel will run into the exact same problems, problem is there is to few companies who does this… not just on the CPU front but GPU front as well, it is a pity really…. if some big companies start to make consumer stuff, and that there would be more than 2 companies as in like 5 or 10 and that there by law is a demand for (Apple included) compatible motherboards with the same socket on, we would get along way.

Currently there is to many bottlenecks, and it is the American way to stall progress?
I think even if Intel made and sold GFX cards too the issue would be the same, assuming a Intel card would be just as good at mining as other ones.
All our problems would be gone tomorrow if only bitcoin was too,,,,, it in my book is one of the worst inventions in modern history.

If Apple,,,,,, whatever was good for mining, there would probably be a shortage of their stuff too.

In the words of Nancy Regan “just say no”,,,,, to bitcoin.