Has anyone else noticed the the BOD has done every trick in the book to prop up the stock price….except….hire a CEO who can get us to respectable yields and nodes? You know…make leading edge chips in a chip company. It’s kinda what we’re in business for.
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@da What's up with Def Met?
We stopped competing when the current def met team came in and took over
Honestly tho what was LBT supposed to do with a company that was bleeding cash and can’t decouple from the anchor? The Foundry solve is still years away and may be more about Yeary apparently anyway. Its brutal but gotta stop the bleeding. Maybe thats all he’s here to do.
@ax receipts for what? If you worked at Intel you’d know the pivotal point that fu---d us. It was a combination of quad patterning, cobalt, and ruthenium liner
@aw 100% on the SAQP blunder ... and still there were literally hundreds of employees working on EUV in parallel the entire time - zero urgency and still a country club atmosphere. No idea how the leaders in TD litho have hung on this long -- truly toxic, paternalistic managers. There can be no surprise from anyone who was there on how bad things are today.
I worked on all process nodes from 0.8um to 10nm. I was in PTD as an IC. By 10nm rampant nepotism had taken root. I won’t name names but there were two major blunders. First, the lithography and etch leaders sold the idea that SAQP would be capable of delivering over EUV. The second mistake was by the metals group and integration in hitching the wagon to Cobalt for M0/M1. There were reliability and yield issues that look a lot of extra time.
I don't think anyone should be on ELT or BOD unless they understand that there is nothing more expensive then being late to market.
Blame the id--ts who voted in favor of quad patterning over EUV
I don't believe OP really thinks Intel 'stoped'
@ad I'd argue that LBT is trying to do what is needed.
The company should improve as it gets smaller, because people will be more accountable. 75K doesn't get it, but the closer to 40K the better.
Intel has been impeded by the Board and ELT, and a few of the CEOs, all of whom wanted to grow the company by getting larger and more complex.
Why? Because their compensation is based on the size of their org.
The motivation to metastasize really isn't that complicated.
The only way any person or CEO will forge a turn around will be to have absolute power and authority to flatten the company and bring forth the real idea people who are stifled every day by executive and management has-beens that keep their inept lackeys in charge of making $hit or no decisions.
Truth detected