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In 2005, the CEO of Intel tried to buy Nvidia for $20b but the board vetoed his decision. The moral of the story is that the board's only tasks are to hire and
by marbro 11mo ago
In 2005, the CEO of Intel tried to buy Nvidia for $20b but the board vetoed his decision. The moral of the story is that the board's only tasks are to hire and fire the CEO. The board should not manage the company and they should fire the CEO when he makes a single extremely bad decision or set of smaller bad decisions.
- hshdhdhj4444 11mo agoThat was even before CUDA. It’s highly unlikely Nvidia would have taken the trajectory they did if Intel had purchased them, so not buying them mah have been a good decision for Intel as well.