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Intel’s Gelsinger Retires

Pierre Ferragu of New Street Research discusses Intel CEO Pat Gelsinger’s abrupt retirement announcement. He joins Caroline Hyde to discuss on “Bloomberg Technology.” (Corrects name of guest in description.) ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:…

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Pierre Ferragu of New Street Research discusses Intel CEO Pat Gelsinger’s abrupt retirement announcement. He joins Caroline Hyde to discuss on “Bloomberg Technology.” (Corrects name of guest in description.)
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4 Comments

4 Comments

  1. @dekev7503

    December 2, 2024 at 4:19 pm

    How convenient, after running the company to the group

  2. @i486DX66

    December 2, 2024 at 4:40 pm

    I don’t understand the comment about nVidia partnering with TSMC…NVDA does not manufacturer anything. They are completely fabless. They cannot suddenly start manufacturing semis domestically in 1-2 years if they wanted to. TSMC is not a US company and if China has its way, will one day be a Chinese company.

  3. @spitimalamati

    December 2, 2024 at 5:31 pm

    The Board should fire themselves. I watched Meritocracy disappear around 2014, and “Diversity is our Strength” insanity, take over. Along with that, Otellini missed the bus on providing a procesor for Apple’s iPhone, Krzanich appointed a non-engineer to lead TMG and obvious successors left, someone passed on the latest DUV, the 2016 layoff occurred in the middle of a DEI push, Swann bought back millions of shares, for a temporary pop on the stock price. Gelsiger was tossed onto a trainwreck, already in full crumple, as one could see the logic processor CPU getting smaller compared to the GPU(s) of the chipsets.

  4. @flowtoolz5554

    December 2, 2024 at 6:09 pm

    I understand Gelsinger actually had balls and vision and did indeed implement the right radical changes, but likely he came in too late facing an almost impossible task. Is that fair?

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On one hand, US-based, Black-founded startups have already raised $643M, 70% of what was raised in the entirety of last year.

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Alicia Yap, Citi’s head of Pan-Asia Internet Research, breaks down where China’s tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as “a source of funds,” with Wall Street dumping local stocks to fund the global AI hardware trade. She joins Ed Ludlow on “Bloomberg Tech.”
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