This is the new CEO, spinning into “stripping Intel off for parts” mode.
The previous CEOs (Brian Krzanich, Bob Swan, and Pat Gelsinger) meanwhile made more money than you or I will ever make on maximizing short-term profits by refusing to invest into competitive levels of R&D.
That has always been the plan. If you want to figure out why Intel paid 3 CEOs millions to shoot itself in the foot, then one has to start investigating the board of directors since 2013-ish. They’re either inside traders, incompetent, or both.
Intel, Boeing, and the Big Three are emblematic of the ultimate decline of American capitalism post-2008. They inherited empires and had virtually unlimited state welfare and still fucked it up because halfway decent corporate governance is apparently a bigger challenge for these big companies than building airplanes the size of buildings or mass-printing circuits with sub-micrometer resolution.
I mean what the hell were they thinking back from around 2014-2020?
This is the new CEO, spinning into “stripping Intel off for parts” mode.
Exactly, they seemingly still don’t have anything close to a plan on anything that used to be their main strength. They’ve only doubled down at first, and now they are pulling back. Making a “better” CPU is not a plan or a strategy.
they were thinking about whether a big sack with a dollar sign on it was too conspicuous, they always intended to line their own pockets at the expense of the company
What do you mean what was the plan?
This is the new CEO, spinning into “stripping Intel off for parts” mode.
The previous CEOs (Brian Krzanich, Bob Swan, and Pat Gelsinger) meanwhile made more money than you or I will ever make on maximizing short-term profits by refusing to invest into competitive levels of R&D.
That has always been the plan. If you want to figure out why Intel paid 3 CEOs millions to shoot itself in the foot, then one has to start investigating the board of directors since 2013-ish. They’re either inside traders, incompetent, or both.
Intel, Boeing, and the Big Three are emblematic of the ultimate decline of American capitalism post-2008. They inherited empires and had virtually unlimited state welfare and still fucked it up because halfway decent corporate governance is apparently a bigger challenge for these big companies than building airplanes the size of buildings or mass-printing circuits with sub-micrometer resolution.
I mean what the hell were they thinking back from around 2014-2020?
Exactly, they seemingly still don’t have anything close to a plan on anything that used to be their main strength. They’ve only doubled down at first, and now they are pulling back. Making a “better” CPU is not a plan or a strategy.
they were thinking about whether a big sack with a dollar sign on it was too conspicuous, they always intended to line their own pockets at the expense of the company