The making of the GPUs cost Intel dearly.🤔
Some fans care to shime in?😺

O_O

Well with Intel paying $25 million just for the rights to hire him from Qualcomm in addition to paying him probably more then the $14 million a year he was making at Qualcomm you can really understand why after a few years he might leave after not being made CEO. This is someone who would be able to buy a mansion in mansion land and live the rest of his life in luxury spending. Sure he could have made more if he continued with Intel but I am sure he could budget it for only $250,000 a month to spend....

He's not jumping ship, Intel is laying him off because he was to some extent responsible for Intel's continual fab failures. I may root for AMD but hopefully Intel can get its fabrication act together after the reorganization, because nobody likes uncompetitive hardware and that will be the result with a third fab node miss in a row. https://www.anandtech.com/show/15932/intel-reorganizes-in-wake-of-7nm-woes-chief-engineering-officer-murthy-renduchintala-to-depart

kougar
He's not jumping ship, Intel is laying him off because he was to some extent responsible for Intel's continual fab failures. I may root for AMD but hopefully Intel can get its fabrication act together after the reorganization, because nobody likes uncompetitive hardware and that will be the result with a third fab node miss in a row. https://www.anandtech.com/show/15932/intel-reorganizes-in-wake-of-7nm-woes-chief-engineering-officer-murthy-renduchintala-to-depart

You absolutely need to have Intel producing the “benchmark” chips that are of bulletproof quality. It’s good that AMD is competing - but without Intel the world stops spinning. It sounds like this guy was simply chilling.

Cool GTX
major stock pullback, because of yet another major milestone missed - someone has to take the blame
 
Only the Corp. leadership knows the whole picture.  Was it funding, manpower, bad execution, bad planning, was management kept In or Out of the loop of potential unresolved issues that were a big danger to the timeline
 
Actually I'm kind of surprised only one person "got the ax"

Reading the pay he was pulling in I am not surprised at all it's only one guy. With how much he was pulling in before being talked into joining Intel which probably paid more at Intel would be enough to pay 70 employees $200,000 a year. For $14 million a year results are expected.

Wow.  Another woman to pull a company out of trouble.  Good Luck Dr. Ann Kelleher
 
Where's that article about women being handed CEO positions when companies tank, that I posted?
 
Thanks

529th
Wow.  Another woman to pull a company out of trouble.  Good Luck Dr. Ann Kelleher
 
Where's that article about women being handed CEO positions when companies tank, that I posted?
 
Thanks

Putting the cart before the horse a bit. Doesn't look like they have pulled anything out of anything yet.

Intel does not have to bring anything back to USA -it's cheaper to produce Chips elsewhere
cheaper to have FABS near the raw resources
 
just getting raw materials to US is more expensive let alone any labor or Energy costs...and there is still the pollution cost
 
they need to invest in fabs and the fab side , R&D and in Engineers - it really doesn't matter where - somewhere cheaper is better for bottom line considering they are competing against multiple fab competitors
 
TSMC and samsung can produce the chips for less means AMD will have the upper hand for coming years so will any competitor Chips like ARM
 

kougar
The problem is it's an engineering company no longer run by engineers. If ex-employees are anything to go by Intel's been promoting ladder-climbing execs over engineers with expertise/experience for over a decade

Sounds like the same problem Boeing has. Corporate culture that leads to institutional cancer.