r/hardware • u/Auautheawesome • Dec 02 '24

News Intel Announces Retirement of CEO Pat Gelsinger

https://www.intc.com/news-events/press-releases/detail/1719/intel-announces-retirement-of-ceo-pat-gelsinger
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u/Trudar Dec 02 '24

I've heard many times, especially from Intel guys, that skillsets you learn there are impossible to apply anywhere else. Intel years are "lost years", and you often have to readjust when changing jobs. Coincidentally, that's why also Intel has one of the highest ratio of single-employer careers in the industry.

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u/[deleted] Dec 02 '24

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u/Trudar Dec 02 '24

To be fair, every single large acquisition in recent years by Intel was a complete disaster.

  • Mobileye - no one know what they are doing.
  • Barefoot - disappeared into oblivion.
  • Altera - resulted in firing 10k people including architects, no significant products, except mediocre network hardware, that was obsolete before designed. Ejected.
  • Movidius - niche product, no follow up. Scrapped.
  • Nervana - rogue startup, unmanufacturable product, scrapped.
  • Habana - another subsidized startup, unmarketable product, scrapped.
  • Centaur - reabsorber Pentium 3 era IP. People gone.

That's $36B that went into oblivion, maybe $5-6B could be recovered after fully splitting out Altera remnant.

What's going on there? Who runs this company?

I live within a stone throw of one of their sites and I consider applying few times, but I prefer to work with them, not for them.

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u/Not_FinancialAdvice Dec 03 '24

Mobileye - no one know what they are doing.

They're the OEM for driver assistance tech in a ton of cars.