Get the latest tech news
Firing Pat Gelsinger doesn't solve Intel’s problems
Intel has fired CEO Pat Gelsinger part-way through his turnaround plan. But changing the head probably won't fix a legacy of bad business decisions.
The first Intel Atom handsets showed some degree of promise, but the Snapdragons of the day — produced by considerably smaller rival Qualcomm — beat them pretty easily. But it was forced to post the biggest quarterly loss in its history three months later, losing $16.6 billion, albeit much of that tied to revaluing company assets and paying for the layoffs. It wasn’t Pat Gelsinger who screwed up power design for Raptor Lake, nor did he pass on the opportunity to make the iPhone CPU all those years ago.
Or read this on Endgadget
