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Intel needs to focus and this is the right move. Intel did a bunch of shitty acquisitions during the time of BK, then the CEO of Intel. BK was a terrible vision
by systemvoltage 5y ago
Intel needs to focus and this is the right move. Intel did a bunch of shitty acquisitions during the time of BK, then the CEO of Intel. BK was a terrible visionary, jumping from drones to mobile-eye to velocicopters and sports media. BK, along with Sohail, directly caused the 10nm shitshow. At one point, Intel wanted to build a fitbit competitor. What happened to Realsense? What an epic boondoggle. IoT train never came. Intel NUCs have recent resurgence, but about the only 'edge' compute that's surviving. BK wasn't crucified by the investors because the datacenter revenue kept on growing which was basically on autopilot. Under his leadership, Intel slumped as the leader of semiconductor manufacturing and handed over the the crown to TSMC around 2016. This is just Pat cleaning things up internally, but I think with all the things that have been swept under the rug, the rug might have gotten spoiled.
- spicybeef 5y agoThis was in the works well before Pat came in; it happened during the Bob Swan reign: https://techcrunch.com/2020/10/19/intel-agrees-to-sell-its-nand-business-to-sk-hynix-for-9-billion/ https://techcrunch.com/2020/10/19/intel-agrees-to-sell-its-n... It's only now just closing after getting the final approval from China. Optane is the only thing Intel is keeping from the deal. I don't think Pat would have dumped the org.