Discussion

• @caro-milanesi Carolina Milanesi on bluesky

  Gelsinger 's retirement should not come as a surprise I really hope Intel appoints MJ Holthaus as CEO not bring someone in from outside.  As critical as we want to be of Gelsinger let's agree that Intel would have not even made it this far without him [embedded post]

• @bdsams.com Brad Sams on bluesky

  But things were going so well!  After getting his payday and the company is in a downward spiral, I too, would “retire” [embedded post]

• @anildash.com Anil Dash on bluesky

  Let's be fair, BlackBerry used to have two co-CEOs and... oh techcrunch.com/2024/12/02/i...

• @quinnypig.com Corey Quinn on bluesky

  Effective December 1 of what year, exactly?  Feels like it was a few ago.  [embedded post]

• @jamesaltonsanders.com James Sanders on bluesky

  I expected that Pat would retire right after 18A was launched, so this abrupt exit looks as if a market or external force prompted this resignation.  —  Intel needs an engineer as CEO, even if Wall Street hates the premise.  I hope his permanent successor will be given a fair sha…

• @lior.s.ronen Lior Ronen on threads

  When I joined Intel in 2007, Gelsinger was the GM of the Digital Enterprise Group.  Internally, he was seen as a role model for running a development organization—a true superstar—and many thought he'd be the next CEO after Paul Otellini.  But Intel, being Intel, made all the wro…

• @vocino Travis Vocino on threads

  Another CEO change up in tech.  Intel CEO Pat Gelsinger is retiring effective Dec. 1, ending a long difficult period for the company.  Team blue has faced market share losses and struggled to compete in AI, with its stock down 52% this year.  I haven't built an AMD PC in a long t…

• @mattontech Matt Smith on threads

  Pat Gelsinger retiring from Intel is not a great sign among many other not great signs...he was supposed to restore the company's technology leadership.  Now he is leaving just a few years later and with Intel in an even weaker position.  Not that it's Gelsinger's “fault” ... it …

• @carnage4life Dare Obasanjo on threads

  A surprise retirement from Intel's CEO this morning.  Intel finalized $7.86B in CHIPS Act funding from the Biden administration last week which is $800M lower than the $8.5B originally announced by Biden.  This has been a year of disappointments for Intel with the stock -48% this…

• @pgelsinger Pat Gelsinger on x

  Leading Intel has been the honor of my lifetime. I am forever grateful for the many colleagues around the world who I have worked with as part of the Intel family and can look back with pride at all that we have accomplished together. Thank you all!

• @morningbrew @morningbrew on x

  Intel's market cap— Gelsinger's first day • February 15th, 2021: $255.6 billion Gelsinger's last day • December 1st, 2024: $106.4 billion Tough to come back from that

• @mattwbaker Matt Baker on x

  The news of Gelsinger's departure from Intel comes as I write about my decade at Intel in my forthcoming book. Intel needs to find its cultural mojo circa 1995. It was unstoppable when it embraced its disciplined selfless unified and paranoid introspective roots.

• @danielnewmanuv Daniel Newman on x

  Monday starts with big news as Intel CEO Pat Gelsinger steps down effective immediately. My visceral take: Board wanted to split the company and Pat was clearly against doing this and was steadfast on staying the course of IDM + Foundry. Other possibilities include business

• @ryansmithat Ryan Smith on x

  Well, “stunned” would be an understatement. Whatever the reason behind the scenes, Pat's retirement and cutting all ties with the company at this specific time is a bad omen for Intel. Gelsinger needed to be there to see through 18A until it ships. https://www.intel.com/...

• @thetranscript_ @thetranscript_ on x

  Pat Gelsinger closed the latest Intel Q3 24 earnings call with these words: “Q3 was a good step. Now we need to finish the year strong and prepare for 2025. We're determined to get it right and I look forward to the updates along the way” His last ever $INTC earnings call. [image…

• @iancutress @iancutress on x

  @intel ... For what it's worth, this seems immediate. Three possible ways this could happen: Health Family Forced by the board We'd rather it wasn't any of them tbh, and if it is health/family I hope they get well soon - but #3 has wider implications.

• @patrickmoorhead Patrick Moorhead on x

  As for @PGelsinger $INTC retirement... A few scenarios rolling around in my head: -schedule slip on something important -BoD wants to sell part of the company off and Pat didn't agree (unlikely) -significant loss of a major customer's market share -board wanted to split the

• @_fabknowledge_ @_fabknowledge_ on x

  Now that Pat is out this is going to be the base case imo. Altera rumors already flying means it's happening. Intel will be gutted for parts.

• @pgelsinger Pat Gelsinger on x

  “I will give thanks with my whole heart; I will tell of all your wonderful deeds.” Psalm 9:1

• @kevinsxu Kevin Xu on x

  Our national champion's soul searching continues... [image]

• @halvarflake Halvar Flake on x

  Pat Gelsinger retires. https://www.msn.com/... Personally, I am not optimistic about Intel without Pat at the helm.

• @kenli729 Kenneth Li on x

  Resurfacing this investigation as Intel CEO steps down: Special Report: Inside Intel, CEO Pat Gelsinger fumbled the revival of an American icon https://www.reuters.com/... by @chernandburn @JLDastin @DawnC331 @f_potkin @StephenNellis

• @underfox3 @underfox3 on x

  Pat has managed to do what many thought was impossible: Put Intel back on track, bringing back the Intel way. We've yet to see much of the fruits of his hard work, but we can already say that Pat has written his name into Intel's history. https://www.intc.com/...

• @iancutress @iancutress on x

  Erm what? @Intel announces retirement of CEO @PGelsinger effective immediately. He's also stepped down from the board of directors. CFO David Zinsner and EVP @MJHolthaus announced as interim co-CEOs. This is going to shake things up. https://www.intc.com/... [image]

• @caro_milanesi Carolina Milanesi on x

  Gelsinger 's retirement should not come as a surprise I really hope @intel appoints @MJHolthaus as CEO not bring someone in from outside. As critical as we want to be of Gelsinger let's agree that Intel would have not even made it this far without him

• @squashbionic @squashbionic on x

  well this was out of the blue https://www.intc.com/...

• @dylanonchips @dylanonchips on x

  BREAKING: Intel announced on Monday that its CEO of nearly four years, Pat Gelsinger, retired the day before, an unexpected development as semiconductor giant attempts to bounce back from financial struggles and execute on Gelsinger's ambitious comeback plan. Link below:

• @wenyee_lee @wenyee_lee on x

  Shocking. Pat Gelsinger retires. https://www.intc.com/...

• @herbgreenberg Herb Greenberg on x

  Below is what I wrote in August regarding Intel CEO Pat Gelsinger. It was only a matter of time. (h/t @ParagonIntelNYC, which nailed it from very early on. Link to my original in the comments below.) [image]

• @aschilling Andreas Schilling on x

  Boom! “Intel Announces Retirement of CEO Pat Gelsinger” https://www.intc.com/...

• @andrewcurran_ Andrew Curran on x

  Intel CEO Pat Gelsinger has retired. Intel has named David Zinsner and Michelle Johnston Holthaus, as interim co-chief executive officers while the board conducts a search for a new CEO. [image]

• r/LinusTechTips r on reddit

  Intel Announces Retirement of CEO Pat Gelsinger

• r/intelstock r on reddit

  Pat retires :(

• @davelee.me Dave Lee on bluesky

  Gelsinger forced out at Intel due to slow progress on the turnaround plan.  But I wonder if under a Trump admin an acquisition might seem an easier quick fix for Intel's woes www.bloomberg.com/news/article...

• @scottlincicome Scott Lincicome on x

  “Intel CEO Forced Out After Board Grew Frustrated With Progress” https://www.bloomberg.com/... Less than a week after the Biden admin finalized Intel's $8B CHIPS Act subsidy (the biggest of any company, & not including another $3B for the “secure enclave” program). [image]