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Intel Announces Retirement of CEO Pat Gelsinger (www.intc.com)

submitted 2 days ago by farcaster@lemmy.world to c/technology@lemmy.world

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[–] Rinox@feddit.it 2 points 1 day ago (1 children)

If I were CEO, I’d cut/sell any part of the business that doesn’t directly support CPU and GPU sales, which is basically what Intel is doing.

That's pretty much what they did. They sold off most of the "other" stuff, like their modem division, shut down their SSD division, sold part of Mobileye shares in the IPO, and reportedly Intel is looking to sell part of Altera, their FPGA division.

[–] sugar_in_your_tea@sh.itjust.works 2 points 1 day ago

Yeah, and I generally agree with Gelsinger's direction. I'm interested in the reason for him retiring, as well as who is likely to replace him.

It would be really funny though if Intel tanks and AMD buys their fabs from them.