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Posted on 04/22/2025 7:51:17 AM PDT by SunkenCiv
Now that Pat Gelsinger is no longer occupying the corner office at embattled chipmaker Intel (INTC), he can acknowledge one thing about the semiconductor industry.
Nvidia (NVDA) has a wide, wide lead over its rivals on the tech front...
"They have built meaningful moats around their franchise," he added.
Gelsinger led aggressive efforts to turn around Intel for more than three years. He slashed thousands of jobs, improved costs, secured CHIPS Act funding, built chip foundries, and promised fast AI chips that could compete with Nvidia and AMD (AMD).
He was fired in early December amid missed financial targets, lack of progress on the AI chip front, and a cash drain on the foundry business.
Intel's fourth quarter sales fell 7% year over year to $14.3 billion, and net earnings plunged 76%. The company forecasts it will only break even on the profit line this year.
Analysts think Nvidia may post upward of $5 per share in earnings in 2025. Nvidia's stock is up 1,220% over the past five years, while Intel's has dropped 69%.
Intel announced Lip-Bu Tan as its new CEO in March.
Tan was the CEO of Cadence Design Systems (CDNS) from 2009 to 2021. After serving on Intel's board for two years, he left in August 2024 following clashes with Gelsinger over how to position the business.
Tan frequently pushed for a better artificial intelligence strategy to take on Nvidia and faster decision making at the notoriously bureaucratic Intel...
Tan will get to outline his strategy publicly -- and detail how he will navigate Trump tariffs -- when the company announces first quarter results on April 24 after the market close.
(Excerpt) Read more at finance.yahoo.com ...
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We ain't fakin' whole lotta shakin' goin' on.
Let the chips fall where they may................
What do you think - is Intel coming back?
Is he also implying that AMD is 10x better than Intel?
Intel Agencies Caught in Massive Voter Fraud
USAWatchdog.com ^ | 4FEB2025 | Greg Hunter
Posted on 2/5/2025, 10:19:32 AM by Tom Tetroxide
Dr. Jerome Corsi has a Harvard PhD in political science. He has written more than 30 books with many of them becoming best-sellers. Dr. Corsi’s latest project is about voter fraud. Corsi says he can prove Donald Trump really did win in 2020. There were also countless down-ballot thefts in 2020 and in 2024. Dr. Corsi and others have uncovered a grand scam that dates back to the early 2000’s that has cheated people into office that actually lost.
The architects of the steal can be traced back to U.S. intel agencies. Dr. Corsi created a website for this project called GodsFiveStones.com and explains, “GodsFiveStones.com is named after the David and Goliath Bible story. This is when David picks up five smooth stones from the brook, and they are the exact ones needed to kill Goliath. That’s what we are aiming to do is to kill this Goliath of voter fraud.”
The voter fraud is hidden in the voter rolls that every state government maintains. Corsi says, “You look at state records, and there might be 12 million records and there might be 2 million false records. They look legitimate until you really analyze them, and then you realize they are duplicates or clones. If you send out people to canvas them, there is nobody there. They are falsified and hidden in the data base. It’s like a card marking scheme. . . . They did not use the algorithms in the 2024 Election for President because we were on the lookout for it. The down-ballot elections (House, Governor and Senate) used these algorithms, and they cheated.”
Corsi estimates they cheated 20 House Democrats and 5 Democrat Senators into office in 2024. snip
I recommend “The nVidia Way” book.
It’s an interesting read, much of the success is around their culture. Jensen just outworks everyone, requiring it of everyone. They behave as though the next breakthrough in tech will kill the company, so be first and never get complacent.
That said, it seems he sacrifices his life to just work.
I was in a company bought by Intel. They were constantly distracted by different ideas. They seemed to have no focus. They also didn’t listen, there was a certain arrogance about the Intel employees.
They’re way behind in AI hardware and software. It’s not just the hardware. The CUDA software opened doors into unanticipated markets.
That said, from a stock point of view, imho...they’re going to enter the ‘trough of disillusionment’ on the Gartner Hype Cycle. The possibilities hit regulatory aspects. The recent market performance may be reflecting this but it’s hard to see due to the other volatility (e.g. tariffs). Long term buy, looking for another dip - over 30% down since start of the year.
I used to work for Intel, but I was in and out before Pat came to power. But a good friend who worked there for a LONG time used to work for Pat and says that he’s a very smart engineer, and he thought the right person for the job as CEO. When things didn’t go so well under his leadership my friend said he believed the issue was that Pat was an engineer, and that the board of directors (who make all the decisions ANYWAY), didn’t WANT an engineer to lead the company, they wanted more of a finance guy.
So here we are.
A different world but when I was supporting government development projects the two big leaders would be Program Manager (focusing on Cost and Schedule) and Chief Engineer (focusing on technical requirements). I never worked with a Chief Engineer who gave a fig about technical requirements. The Chief Engineers always focused on Cost and Schedule. Always the money. Never the engineering.
I know a bunch of former Intel people who now work at AMD
they say Intel is in a death spiral and while AMD needs to spend and upgrade their Server lab spaces they are poised to kick some Intel ass.
The only thing the new CEO brings is customer feedback on fabless design needs.
True something very missing from Intel but it might not be enough.
DEI has destroyed the inner workings of Intel started by Obama.
It has not been the same place since Paul Otellini retired.
Intel had a long track record of forcing out experienced people and replacing them with Indian workers.
Those experienced engineers went to AMD, Nvidia, Apple and IBM.
I went to IBM where for the first time after 30 years, felt like I was being treated like a professional.
You were just a number at Intel.
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