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This is absolutely what happens when bean counters are promoted to CEO...they killed Intel a long time ago. Finally put an engineering guy in charge, but he is
by j_walter 3y ago
This is absolutely what happens when bean counters are promoted to CEO...they killed Intel a long time ago. Finally put an engineering guy in charge, but he is blowing smoke up investors asses...you can't dump billions in new fabs and technology while also losing billions per quarter.
Their foundry business is dead...they won't compete with Samsung and TSMC. Even GF found that was a losing proposition and they had a lead on Intel and endless pockets of cash.
- 29athrowaway 3y agoThey boost the share price for a while, but then the competition takes over. Leadership get rich. Steve Jobs has the best explanation for this. https://youtu.be/P4VBqTViEx4 https://youtu.be/P4VBqTViEx4