Intel's board has ousted CEO Pat Gelsinger after losing confidence in its ambitious turnaround strategy. The move comes as Intel posted significant losses, including $16,6 billion in the third quarter of 2024, its worst quarterly result ever.
Under Gelsinger's leadership, Intel struggled to compete in the artificial intelligence chip market dominated by Nvidia while facing manufacturing challenges.calls και μειωμένα έσοδα από τα κέντρα data.
Analysts say the board may be considering breaking up Intel's foundry business (the chip-making part), although such a move could be vetted by the U.S. Commerce Department. USA because of the $8 billion in funding Intel has received from the Act CRISPS.
The Moorhead analyst and Creative Strategies, Ben Bajarin, believes that Gelsinger's departure was so sudden that it cannot simply have been a quick reaction by the board.
What does he think:
Intel's board may want to completely separate the company's manufacturing operations, above and beyond the changes Gelsinger has already announced, turning Intel into a company that simply designs chips like its direct competitors.