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Intel: a new CEO from 15 February.

Intel: a new CEO from 15 February.

The rumor had been going around for several months; it’s now official, Intel announces the arrival of a new CEO: Pat Gelsinger.

Pat Gelsinger Intel

A veteran at the head of Intel

This is an announcement that will take effect, after several months of looking for a replacement for Bob Swan, Intel has just announced the arrival of Pat Gelsinger. Pat is a veteran of the company, having spent 30 years with it, he left in 2009 to join DELL EMC where he will stay for 3 years and then become the CEO of  VMware until today. It is thus from February 15th that Pat Gelsinger will take over the position of CEO, where he will have to restart the blue giant who has been struggling to innovate for several years and who has accumulated problem after problem in the new engravings.

Many questions about strategy

In addition, the company announces significant progress on its 7nm process. Details will be unveiled at the next earning call scheduled for January 21st. It is during this call that Intel will also unveil its strategy on the subcontracting of part of their processors to external foundries. The choices on this subject are controversial, with some attributing the current successes of Nvidia and AMD to their “fabless” strategies, while others note the shortage and dependence of the industry on this subcontracting. Intel seems to be moving towards an intermediate solution to alleviate its capacity concerns at the moment while continuing to move forward. A few hours ago, some rumors announced that a very broad partnership with TSMC could also be announced on January 21st .

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Edited by Calliers

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