Maybe Intel just needs a Taiwanese CEO? ; )
Something something history repeats itself as farce or something
For context: Intel was founded by people who thought Fairchild Semiconductors wasn’t receiving the necessary funding or respect from the owning company.
Four bad CEOs is like a grade school level of analysis. You can spend half an hour on Wikipedia and come up with like 18 other patterns that connect the companies.
Do you really think Warren Buffett (or any other serious investor or business analyst), is sitting there counting out the number of bad CEOs on their fingers when making an investment decision?
Honestly the article is bullshit. It’s right, but for all the wrong reasons. Intel isn’t failing because it failed to buy OpenAI or partner with Apple. Intel is failing because they’ve made shit design decisions on their chips, sat on their laurels when they were riding high and just raised prices (giving up the engineering lead to AMD and TSMC), and then utterly fumbled the responses to multiple public failures when things started to go down hill.
A sentence made out of fluff. What technology? AMD took x86 and gave it wings, better efficiency, neither is only negligible iterative improvements. Intel failed to use lower nm nodes as a first fail.
Half the article is about how it takes 4 bad CEOs to wreck a company and Intel is far down that path.
CEOs have very little to do with the failure or success of most large companies. If they work very hard they can pull a company out of a death spiral, or start it down one, but failure or success takes years if not decades of steady improvement or decline. All the examples of “failures” given in the article are terrible and don’t demonstrate at all that those CEOs were bad.
One of the worst problems with businesses in the US currently is this culture of fetishizing CEOs. They’re paid far too much for what they actually bring to companies, and people grossly exaggerate how much of an impact CEOs have on companies. If you want proof of his just take a look at literally any company Elon Musk is a CEO of. The fact that none of those companies (particularly Twitter) have filed for bankruptcy yet shows exactly how little a truly terrible CEO actually impacts things.
Not true. All they need to do is bring in “their own” people and put them on a few key positions. These Nepo babies bring with them the wrong culture and manage a company to death.
The best people see these assholes coming a mile away and jump ship. They do not get replaced (cost savings on these expensive people is huge) or get replaced by new management with sub standard hires that meet their “yes man” corporate lingo buzzword bullshit standard.
This causes the next wave of talent to leave, the death spiral is in full swing.
All this can happen in a few months. The effects might take a while to show, but I guarantee, it is hard to recover from.
If Intel said yes to Apple, it would have just made Apple a failure. They’ve done a shit job at mobile chips for years, and never would have given Apple the control that has led to Apple being at the forefront of the mobile market. (And don’t have the advanced nodes Apple is taking the lions share of either).
What’s happening with all the money Biden has given Intel? That just disappeared?
The money was to build fabs, which they are still doing - which is costing them most of their money they struggle to afford because their current chips are awful.
Their fabs may be shit too. Hopefully the new ones are better
I mean how bad can the fabs be - they’ll be running ASML EUV machines right?
I’m not sure the tool is the the issue here?
A master carpenter with entry level tools will still do a much better job than a klutz with professional grade tools.
