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saelthavron | 7 months ago

This sounds like sell the whole company type of cuts.

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consumer451|7 months ago

What else could be the trajectory of Intel, when the CEO has admitted defeat in the current investment environment?

> Intel CEO says it's "too late" for them to catch up with AI

https://news.ycombinator.com/item?id=44532572

cyberax|7 months ago

Well, yeah. It's the Elop and Nokia situation all over again. Remember the "burning platform" memo?

Intel actually made a decent video card that sells above MSRP: Battlemage. They can easily advance it into more powerful GPUs.

Gelsinger understood that. The current MBA empty suit doesn't.

vachina|7 months ago

Last stage of grief is acceptance. I think the only way left is up.

UncleOxidant|7 months ago

Gelsinger was apparently Intel's last hope to avoid being sold off in pieces.