And in the time since filming this, we also posted coverage of Intel Battlemage news (was not public at the time we filmed this, so they are out of order). Check that out if you want to learn about the new GPUs: ruclips.net/video/v1fEpWy9B0c/видео.html Find our NZXT coverage here: ruclips.net/video/0pomC1CfpC0/видео.html Code PUCKGAMERSNEXUS will still get you 10% off on the GN store while it lasts: store.gamersnexus.net/
And every other tech company that's put management and/or marketing finance people at the helm. When all they care about are numbers, the products get worse, and even less people buy them. If you thought intel was in trouble before, you haven't seen anything yet!
@@plebisMaximusexactly. Jobs was a great presenter and definitely had a strong focus on usability, but a technical or engineering mind he was certainly not.
@@boam2943 No, the degradation already happens with the new 258V, which draws 258A, gets 258°C hot and has 258nm lithography. I'm still not sure how i should power this thing. Here in Europe we have 230V system, so it might barely work with some undervolting. Using a common electric measurement unit for naming your CPU is a terrible choice as well. But not as bad as monitor manufacturer iiyama. But close.
Wrong. CEOs that have Business and Financial backgrounds are, what Intel needed from the beginning. An Engineer, as proven now, can't run anything. Pats sole focus on Intel Foundry shat on the entire business. You need to make money, make good products, raise money and then slowly invest in the fabs. Dude focused and blew all the money one the fabs, instead of making good chips for consumers and businesses and raise slowly the companies value and investments.
@@sirmonkey1985 wrong they are good at overmonetizing something and crashing into the ground. There is a reason if companies that live by overmonetizing customers need to constantly acquire other smaller companies to access more customers to overmonetize, because their customer base is constantly shrinking and eventually disappearing
Gelsinger actually tried to do some stuff, despite some of the shady intel nonsense we are used to. AMD was saved by an engineer with a plan, not by marketing and finance people.
It was both. The willingness to shake up the industry with a risky but potentially revolutionary product is crucial but the marketing team has actually done a surprisingly great job with Zen. Interestingly, AMD is now facing the same marketing challenge that Intel was around the launch of Zen, transitioning past a 9th/9000 series generation.
@@Aggrofool Well yes and AMD has been the underdog for a long time but it's still striking how the tide has turned between the 9900K and 9800X3D. As frustrated as most of us were with Intel I didn't honestly think they'd be struggling to compete 5 years later and I certainly didn't think they'd be relying on TSMC at this point. That's what's most concerning to me.
AMD also hired some of the best engineers in the industry to make Zen. It doesn't seem like Intel has enough top engineers working for them on future CPU architectures.
@@JJFX- 9800X3D blew everything else away in 2024. It is a remarkable processor and still is impossible to find at its original price anywhere for good reason.
2009-2014 was a very dark time for AMD. Even worse than what Intel is in now. Their shares wear barely worth 2 dollars then. Lisa Su changed the direction the company was heading in.
@@Riyozsuyeah amd was in a situation where they had two choices: take a risk and potentially send themselves under quickly or stick close to their current path and guaranteed send themselves under slowly. that company, if they didn't succeed with zen (by failing or by not trying it), would've guaranteed gone bankrupt
Turning around a ship that big would have taken him 4 years at minimum. We won't know for a bit if he was even steering in the right direction with things like killing Royal Core, and gutting AXG. Intel is 4 times the size of AMD, it's a juggernaut, and it's impossible for any CEO to flip a switch to fix it. Lisa Su couldn't have done at Intel what she accomplished at AMD. Amd was a much more Lean, smaller scale company with nowhere to go but up
@@Sir_punchwood I don't agree with that. IN fact it's easier for intel to go up because they have a much larger bank account to hire, and to do so. AMD had no where to go but further down if they failed. Lisa SU inovates and absolutely understands what people want. Intel has every means to succeed.
Intel has historically done everything inhouse. With their own foundry etc. This used to be the best in the business and everything inhouse was a strength of theirs, until the foundry started lagging behind the competition. This then became a liability as the foundry affected all other parts of the business, and everything inhouse became a weakness. Its not a matter of "simply hiring more people", it was (still is) a matter of revising their entire manufacturing pipeline.
The interim-CEOs are temporary. Intel had better try to find a Steve Jobs type as quickly as possible otherwise Intel is going to become the next Blackberry as in...irrelevant.
Finance CEOs brought Intel to its knees. Engineer Pat tried to turn it around, but couldn't halt momentum enough. Bringing back marketing/finance as the head will be the death knell of Intel.
He's just too slow (which is understandable since the damages that the previous one had dones are pretty bad), if he's as fast as we can dream off, the BoD wouldn't fire him but they did because they're impatient
@@osopenowsstudio9175 by being slow do you mean slow to cancel projects like arc gpus? Too bad he wasn’t as slow to not cancel royal core project though. What exactly was his plan on making Intel better even? Riding on top of government’s subsidies?
...whinge to Congress about how they're a VITAL part of America's economy, defence, etc., etc., get $400billion taxpayer bailout, which will create hundreds of jobs and secure employment for... ...dozens of European luxury yacht building firms.
Not only do they have the better manufacturing process, but rumor has it the LEGO world also has some serious long time experience with packaging individual tiles together - without using any glue. Maybe that's why Intel board got rid of Pat, they were afraid he might ruin a good deal they're working on with the LEGO world to make their next gen of chips.
I can imagine the inner turmoil between Steve's professionalism and his desire to get her to say the thing (it's what the people want - it gets the people going)
Hope intel gets a engineer CEO as their "permanent successor", since, as we all know, marketers and salespeople just don't know how to run a tech company
Eh. Steve Jobs was probably the best salesman in history. And yet he managed to take a basically bankrupt company from nothing to squashing all of their competition. A salesman could lead a tech company no problem. It's more so that all companies these days value mindless drones. These drones eventually work their way up the pyramid and try passing this mindless corpo speak nonsense as advertisement or actual policy. They don't know how to sell anything. Just look at Tim Cook's leadership of the same company. Has that guy ever even said anything without a wall of corpo babble around it?
While having the "Thanks, Steve" lady becoming the interim co-CEO for Intel is probably a terrible, TERRIBLE sign for the company, I can't help but find it hilarious and wonderful.
I just hope she has a good sense of humor and the first "marketing" move she makes is to get in touch with GN for an interview, during which she purposely drops some perfectly timed "thank's Steve"s when Steve least expects it.
That might very well be the case. But it's reasonable to assume the finance guy has been chosen to stop the hemorrhaging. Whether it's also a good choice for turning the company around and remake it into an industry-leading innovator (which it hasn't been for at least the last one and a half decades, frankly) or whether this will be the job of a subsequent CEO has to be seen...
Intel really did Pat dirty, no other words for it But seriously, turning around a company that was as gutted and bloated at the same time as intel isn't something you do in a couple years, definetly in a market where the competition is doing as strong as AMD is. The board really seems to be the root of the cancer at Intel, and it will go down in history together with Boeing as great American economic and engineering icons that fell victim to the short term greed of shareholders. I commend the incredible work and effort Gelsinger put in to try new ventures and axe failing ones, sadly some MBA bean counter will now reap some benefits of Pat's work and give the final push to bury the company into the ground.
Intel's problems started when the engineers failed to get off 14nm for a decade. It's not the board, it's not the finance department, it's not the accounting department, it's not the shareholders that created the problem, it's the engineers.
I'll admit... I think letting Gelsinger go now is a bad move for them. Let him see 18A to the finish line and then if that's bad go ahead and fire him. Doing this now I just don't understand. Market reflects this too. If Pat couldn't turn Intel around.... yeah, get ready for team red and team green domination folks
Rick Lenssen may as well have one of the coolest jobs in the world; imagine being employed by ASML, the only company in the world capable of producing lithography machines capable of this level of precision, just to create LEGO models of the machines. What a hero
my coworker behind me used to work at Intel. He told me insider story about former Intel CEO Pat Gelsinger. My coworker said that money was appropriated in all of these unrelated industries that Intel should never have been in. Examples would be space programs, AI taxi air vehicles, and many more things. Once CPU sales slumped, the increased cash flow in all other areas caused issues for the company. Due to the 13th and 14th gen issues, the company had to start selling off these businesses that are now weighing them down. Pat was largely responsible for the undue diversification to a level that compromised Intel quite a bit. Seems like an interesting guy and well accredited as well. Interesting story about one of America's Giant Companies.
@RegenTonnenEnte he owns plenty of shares. Over 100k shares and over 500k shares indirectly for families etc. So yeah he's already rich and he will probably sell them which most would do in this situation. He won't have to ever worry.
the co-ceos are temporary. and it seems the board isn't intending to keep them based on a bloomberg article on them. also, if they're wanting to fix a culture problem rapidly (which is possible - intel has deep culture problems), you don't want an insider cursed with knowledge, but an outsider with a different perspective.
The TSMC gaffe was obviously very bad and probably firing-worthy, but I feel like Intel going through 2 CEOs before the decade is half over in an industry where plans are made out years in advance is a worse sign than shadow firing Gelsinger
And it was such an obvious gaffe. TSMC has publicly stated previously that it saw it's new relationship with Intel as "temporary". Meanwhile AMD has bought Xilinx, which was a bit of a collaboration darling for TSMC, and grown to take nearly as much capacity as Apple (let's not get into the relationship between TSMC and Nvidia here, as that is one long-ass story arc). On top of this AMD has carried their own weight though the development process of direct-copper vertical chip bonding, and is now the biggest customer of the service. Going foundry on one side, being a competitor to a favored customer in the middle, but relying on TSMC to save your ass on the other side is like putting the knife on your own throat... So one stupid remark cost Intel all their profit on the entire Core Ultra lineup...
i am a Taiwanese, and here in Taiwan, we doubt that story... i mean... TSMC founder's comment for Pat is true.. and we did feel offended. One side, spreading out the idea in public that Taiwan is not a stable area, trying to hurt TSMC's credit. On the other side, outsourcing Intel's 3nm chip order to TSMC. This is not an honorable move from our perspective. But we do doubt the discount canceling story. Here in Taiwan, everyone knows TSMC's producing capacity is fully booked. Even Nvidia agreed that they accept TSMC to raise the price. So 40% off discount to Intel? That doesn't sound real. Plus, Nvidia and Apple's order amount is huge... Intel's order doesn't make Intel the top 3 customers...
@@drinkwoter it is TRUE if you consider the threat from China. But it is also hypocritical act when saying that and relying on TSMC at the same time. If Pat didn't place order on TSMC for Intel's surviving, and he said those words, then he would be still an honorable man.
3:20 I found intels problem, they have vice presidents, senior vice presidents, and executive vice presidents all for just one department. Managers managing managers who manage managers who manage managers.
Corporate America is FILLED with incompetent managers, vice presidents and presidents whos only job is to look like they know what they’re doing to the other execs and then leave with a massive golden parachute while the company they left dies. These people are vultures.
I knew people who worked with Pat Gelsinger in another company and they really liked him. Too bad things didnt go well for him. By the way, there were some interesting reports about the qualifications and the motives of some board members of Intel. Sounds toxic.
Old-School RuneScape is still very successful even this many years later. In fact, it just broke a concurrent player count record yet again just a couple weeks ago and regularly spends time in the top 3 most-played MMOs alongside World of Warcraft and Final Fantasy XIV... And I think it's gonna outlast those two.
Jagex unironically put body type a and b... I will never touch that game lol RS3 at least simply doesn't mention gender or body. It's just two pictures of a man and woman and you can choose pronouns. Still not something I'll support.
@@MoonBunnyLovers 100% agreed. I lost any and all respect for the devs when they decided some culture war BS was more important than the integrity of the game
One of my friends has an account he's been playing on since we were in public school (30 years old now so like......awhile ago lol) and runescape was pretty new from what I remember. Jagex has emailed him saying he was one of like 100 accounts or so from the first year the game was online that's still active. He's got free membership for life and a few rare items they only gave to OG players.
@@ilbro7874 No, it's still there. But all your stats and items are in RS3. You can log into OSRS with the same account, but you'll be starting on tutorial island in OSRS. OSRS also has the Leagues 5 going now, a temporary and fun gamemode with accelerated XP rates and riddiculous relics(power ups), if you wanna just have some fun with that in december and january.
It isn’t, you can still log into your old account in both OSRS and RS3. They’re the same account, but you’ll be a base level-3 on OSRS. I think you need to attach your old account to a Jagex account at this point, which they recently added as a way to support MFA login. There’s a new leagues running in OSRS that’s been a ton of fun-now is a great time to try out the game again!
As an ex intel fan boy, this makes me chuckle unnecessarily - the writing has been on the wall for a looong time. At the same time, AMD absolutely NEEDS competition. Last thing we need is an Nvidia in the GPU market and another "Nvidia" in the CPU market. Hope intel can turn their mess around. Return to making CPUs and not making shareholders happy.
Personally, I don't think this is a win even for people who hate Intel. It's especially bad for americans, because we spent all that money helping them get their new fabs up and running and now it's all gonna go in the toilet. Just in time for China to swoop in and gobble up "Chinese Taipei" as Trump still likes to call it.
Considering AMD had one foot in the grave after running in the reds for a decade straight, was 4 billion in debt even after selling their fabs for 4 billion, I think Intel can take a bit more of a stomping. AMD has only just broken 40% market share in desktop and is a lot lower than that in laptop. Wake me up and talk about competition when they are at 50% in all CPU segments.
06:35 i am a Taiwanese, and here in Taiwan, we doubt that story... i mean... TSMC founder's comment for Pat is true.. and we did feel offended. One side, spreading out the idea in public that Taiwan is not a stable area, trying to hurt TSMC's credit. On the other side, outsourcing Intel's 3nm chip order to TSMC. This is not an honorable move from our perspective. Pat should stay as far away from TSMC as possible if he believes in what he said. But we do doubt the discount canceling story. Here in Taiwan, everyone knows TSMC's producing capacity is fully booked. Even Nvidia agreed that they accept TSMC to raise the price. So 40% off discount to Intel? That doesn't sound real. Plus, Nvidia and Apple's order amount is huge... Intel's order doesn't make Intel the top 3 customers...
Sorry, but Taiwan is not stable and everyone knows it. This isn’t Gelsinger’s random opinion. The most powerful country in the world has publicly declared it wants Taiwan back under its control. The US cannot and will not do anything to stop it because realistically it no longer has the conventional military power, nor industrial base to do anything. It will offer aide but there’s no guarantee of what will happen in Taiwan.
I have the Lian Li yacht case. It's amazing. A friend and I added some sauce to make it play songs from some speakers we wedged into the hull area including "I'm On a Boat", "My Heart Will Go On" and "Sloop John B". As a whole it was extremely fun while also *comically* impractical in every way. Lugged it to QuakeCon for several years for pure comedy value. A++, zero buyer's remorse, but also it was only ~$450 shipped soooooo very dumb but not seven grand dumb.
20:33 That "Biochemical 4RE" is probably a literal translation of the Chinese title for Resident Evil 4 RE. Using a game like that, which isn't very heavy in the ray tracing part in the first place, as a benchmark for ray tracing doesn't feel like a good sign.
Tbh I've yet to find a use for ray tracing and looking at the review benchmarks, anything past 1080p with a stable 60+ fps would require a 4080 super or a 4090. Without dlss ofc. Which, I mean if I want to have a high fps mush, why do I care about ray tracing again? So to get usable ray tracing in a few games where it looks significantly better than no ray tracing, I'd have to pay the equivalent of both consoles? No thanks, fam. RT remains a marketing operation.
The thing is that the board of directors wanted Pat to fix their 10 year old shit within 4 years while the competitors are not slowing down. He tried his best: - Managed to ge the acts in US and EU. - Managed to get EUV machines fast - Managed to buy all the new High NA EUV machines for 1,5 year so that no one gets it and so that intel can close the gap - Managed to reduce the TDP usage of cpu by 50% - Managed to get proper GPUs for budget gamers. He has made proper decisions (excluding the tsmc comment), give the guy some slack. Most likely to board of directors want their bonus but Pat was thinking in long term.
@@olegshkurenko-0448 There is no way in hell Intel could let go of Fabs. That is the only saving grace of Intel now. Things are different now then it was a decade ago. You can't just catch up to competetion after you have fallen behind... Not to mention selling off the fab means US leadership in leading edge node is gone. It most likely could even trigger world war 3 because of Taiwan position with China. I am not being dramatic right now. Literally any single thing we use nowadays have a chip in it and it includes all the military components. Country would die to get that advantage. Chips are far far far more lucrative then oil nowadays. This is the kind of strategic resourse that country would galdly kill 50% of their population to gain. Imagine a country having all the control over 90% of a world resource which is used everywhere and can't even be replicated by anyone. Intel Fab will not die of. US will never let that happen. Unless Trump throw out the CHIPS act and decided to give up semiconductor industry to "own the libs".
I'm interested in seeing where Intel GPUs go. Who knows, maybe they will be the new budget option for graphics. Wouldn't it be something if we had another decent option in the GPU space? More competition, more better.
When I upgrade my current computer and depending on what GPUs end up actually looking like when the mess is all said and done next year, I might just keep my current GPU for a bit and in that case perhaps buy a cheap Arc to toss in since I don't have an integrated GPU. Hopefully though in that case my BIOS would instead let me run this PC headless and I'd turn it into a NAS.
@@EkiToji Yeah, and I have personally had great luck with used graphics cards if your budget is really tight. I have gotten my 1650 Super, 3060, and 3090 all used, all still working after years of owning them. There are risks, but you will get better performance for your dollar.
Nowhere, the underlying arch is doomed. It's a Raja design. He's been chasing this idea, this theory, about GPU core design for about 15 years. AMD gave him a shot with the Fury, and it absolutely failed. It was much slower than theory suggested, it was hot, and it wouldn't clock. Sound familiar?
@@icedreamer9629 Potentially, just hoping is all. The landscape is very frustrating for me, so I want to be cautiously optimistic. I don't know where all this is going to go, but my hope is that things will get better within the next couple of years. Especially for people who have smaller budgets, as the market keeps climbing right now, especially from Team Green.
Under Gelsinger, Intel publicly made it known it's focus was in investment. They needed to catch up and overtake competitors, it was going to take time and money. This new leadership being obviously financially focused proves that the shareholders have bent the company over a barrel and are going to milk it dry until it collapses and is sold for parts.
We wouldn't even know anything about her or her existence up to this point if not for you, Steve. She should pay you for all that valuable branding and marketing you provided. I think 7 or 8 figures is fair. You clearly raised her status to CEO levels. And for those who can't take a joke, I am in no way trying to say she didn't earn the position.
Intel CEO getting kicked out really leaves me sad about the future. Competition is always good. Even if it is an old top dog! They still need to be competition...
Gelsinger: He was brought in to make Wall Street happy. AMD was crushing it with an engineer CEO, so the board tried to copy them. Gelsinger was a yes-man and a brown noser. He rose through the ranks taking credit for other people's work and kissing the ass of whomever had power. Shocker, when you give someone like that control they don't know what to do; there's nobody to pass the buck to anymore. They never had any inherent talent apart from stealing from others. I've worked for people like him many times before, I am NOT shocked, even slightly, that it went nowhere. Intel has a massive culture problem, and won't make a good product until that fundamentally changes.
@@rosomak8244 a large company with a lot of employees is obligated by law to meet quotas. That kicks in at 500 employees. So it's not like they have a choice.
I'm more of the AMD team but I hope that Intel recovers, brings excellent processors and excellent graphics cards to the market. Competition is good for consumers (when it doesn't speculate between companies obviously)
I have no way to know for sure, but I'd guess Gelsinger was fired because of the huge face plant that 14th gen has been. The suddenness of it points to a particular triggering event, but the underlying problems are obvious
Suspecting it has to do with spinning off fabs, or at least the maximum part that the CHIPs act allows. Spinning their fabs would be the fastest way for intel to show better performance in the spreadsheets by massively cutting down their overhead and pump their stock. Since, again under the CHIPs act, Intel is forbidden from stock buybacks for another 3 years this is the only way for the board to make good money short term. This is pure greed, even if it means burning the company to the ground. Guess the board doesn't care at this point. They are looking to cash out and retire. Gelsinger on the other hand during his tenure doubled down on fabs as the way for Intel to get their feet on the ground again. This would probably not produce any meaningful financial results until 2030 and is quite risky but still seems like the only way forward. He certainly did better than the previous CEOs that did nothing for 10+ years expecting Intel to hold their monopoly in the CPU space.
Just to throw this out there, really appreciate the 4k quality of the equipment, time, effort ,content and expense that goes into a GN video. Yes there are other channels in 4k on RUclips but they don't look as good as this.
I have used the new Arc 140V in the Intel Core Ultra 256V ( 16 GB instead of 32GB of the 258V ), and Holy Carp Burke-man!... 1080p low settings with playable frame rates ( consistently over 30fps up to or around 60fps) on several different games( Destiny 2, Hellbade 1, World of Warships). Without upscaling. With FSR/XeSS it was even better. On a Lenovo Yoga Slim 7i Aura edition laptop specifically. So the next MSI Claw might solve the first ones lackluster gaming performance.
It is both semantically incorrect and philosophically retarded. I can't wait until Intel announces that every sitting member of the board and shareholder is CEO Truly debasement is 'no big deal' hence we all enjoy inflation presently,
I tried ordering the Lego set. The order was cancelled and I was told that you need an ASML email address to order from that store. So I guess it's an internal storefront. Although I'm not sure why then they don't have a login process or put it on their intranet instead. Confusingly the cancellation email both stated that my order had been refunded and also explicitly that it had NOT been refunded. Upon reaching out, I was informed that it had, indeed, been refunded. All in all, a weird experience. But yeah, if anyone else is wondering, it sounds like you can't buy it unless you're directly affiliated with ASML, and if you do try to buy it you *will* be refunded.
"finance backgrounds", so basically the company is going to die. The real downward trend in high tech companies always starts with these overblown clowns.
And in the time since filming this, we also posted coverage of Intel Battlemage news (was not public at the time we filmed this, so they are out of order). Check that out if you want to learn about the new GPUs: ruclips.net/video/v1fEpWy9B0c/видео.html
Find our NZXT coverage here: ruclips.net/video/0pomC1CfpC0/видео.html
Code PUCKGAMERSNEXUS will still get you 10% off on the GN store while it lasts: store.gamersnexus.net/
hi
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When is GN going to review the Inwin "Infinite" case?
258V is a really bad name for a CPU. 258A could have been an option tho. 258°C or 258nm as well.
Papa went to the corner store for some milk and never returned.
Wow, an engineering company getting a finance and marketing management. Worked great for Boeing.
Intel whistleblowers getting life insurance.
And general motors in the 60s and 70s
Exactly my first thought. 👍
And every other tech company that's put management and/or marketing finance people at the helm. When all they care about are numbers, the products get worse, and even less people buy them. If you thought intel was in trouble before, you haven't seen anything yet!
This is a prophecy
ruclips.net/video/P4VBqTViEx4/видео.html
Sales people as CEO.
The death of all innovation and the rebirth of the 10nm++++ walking on the spot and never moving forwards.
Just like what Steve Jobs said.
Nah, sales as management will just take whatever process node they have working, change nothing, and just call it 2nm.
@ i would prefer 3nm++++++
@@DakPrescottlol A little ironic considering he was a sales person in a leadership position.
@@plebisMaximusexactly. Jobs was a great presenter and definitely had a strong focus on usability, but a technical or engineering mind he was certainly not.
We could get a new Thanks Steve. Imagine how cool that would be.
We should be so lucky.
The Core Mega Ultra 385-7 Thanks Steve Premium Extreme Edition i9
@@hyperturbotechnomike Hopefully that one doesn't burn or degrade so we can have "Thanks Steve" running in an infinite loop :)
The intel board only have one prerequisite for the new CEO... he cant be called steve
@@boam2943 No, the degradation already happens with the new 258V, which draws 258A, gets 258°C hot and has 258nm lithography.
I'm still not sure how i should power this thing. Here in Europe we have 230V system, so it might barely work with some undervolting.
Using a common electric measurement unit for naming your CPU is a terrible choice as well.
But not as bad as monitor manufacturer iiyama. But close.
Finance CEOs running Intel now doesn't bode well for the future of Arc.
They're looking for someone new to replace as CEO thankfully
Like what happened to Boeing after the merger with McDonnel-Douglas…. *shudder*…. 😮
That whole division is going to get shut down just watch!
they're usually just white people so...what the deal, tiger?
Wrong. CEOs that have Business and Financial backgrounds are, what Intel needed from the beginning. An Engineer, as proven now, can't run anything. Pats sole focus on Intel Foundry shat on the entire business. You need to make money, make good products, raise money and then slowly invest in the fabs. Dude focused and blew all the money one the fabs, instead of making good chips for consumers and businesses and raise slowly the companies value and investments.
Marketing people as CEO should be a deathflag for tech companies
the board got too impatient and greedy. they dont want to wait for profits.
sadly marketing people are good at selling their soul and knowing how to milk their customers for every dime they're worth.
Finance people too
@@sirmonkey1985 wrong they are good at overmonetizing something and crashing into the ground. There is a reason if companies that live by overmonetizing customers need to constantly acquire other smaller companies to access more customers to overmonetize, because their customer base is constantly shrinking and eventually disappearing
It is. So after short term spike it's time to sell the bag and get out.
Gelsinger actually tried to do some stuff, despite some of the shady intel nonsense we are used to. AMD was saved by an engineer with a plan, not by marketing and finance people.
It was both. The willingness to shake up the industry with a risky but potentially revolutionary product is crucial but the marketing team has actually done a surprisingly great job with Zen.
Interestingly, AMD is now facing the same marketing challenge that Intel was around the launch of Zen, transitioning past a 9th/9000 series generation.
@@JJFX- Somewhat different I think. Zen came at a time when Intel kept consumers on 4-core diet for too long.
@@Aggrofool Well yes and AMD has been the underdog for a long time but it's still striking how the tide has turned between the 9900K and 9800X3D. As frustrated as most of us were with Intel I didn't honestly think they'd be struggling to compete 5 years later and I certainly didn't think they'd be relying on TSMC at this point. That's what's most concerning to me.
AMD also hired some of the best engineers in the industry to make Zen.
It doesn't seem like Intel has enough top engineers working for them on future CPU architectures.
@@JJFX- 9800X3D blew everything else away in 2024. It is a remarkable processor and still is impossible to find at its original price anywhere for good reason.
Intel really pulled a reverse AMD. They had a solid company and slowly ran it into the ground.
AMD has nosed the ocean floor more times than a K class
2009-2014 was a very dark time for AMD. Even worse than what Intel is in now. Their shares wear barely worth 2 dollars then. Lisa Su changed the direction the company was heading in.
Isn't overconfidence and arrogance a wonderful thing?
And blindness @@MrEricmopar
@@Riyozsuyeah amd was in a situation where they had two choices: take a risk and potentially send themselves under quickly or stick close to their current path and guaranteed send themselves under slowly.
that company, if they didn't succeed with zen (by failing or by not trying it), would've guaranteed gone bankrupt
If its any consolation, getting forced out apparently is not the worst thing that could happen to a CEO.
Lmao timely
Yes is agree considering what happened outside a hotel today 👀
@@PixelatedWolf2077im outta the loop can you elaborate?
@@zibano1939 Private Health insurer CEO just got shot
@zibano1939 United Healthcare CEO was shot and killed in Manhattan, New York. It is currently seen as a target shooting.
So Intel got rid of someone that couldn't polish a turd, and replaced him with two people whom will tell you their turds are the best.
Turning around a ship that big would have taken him 4 years at minimum. We won't know for a bit if he was even steering in the right direction with things like killing Royal Core, and gutting AXG.
Intel is 4 times the size of AMD, it's a juggernaut, and it's impossible for any CEO to flip a switch to fix it.
Lisa Su couldn't have done at Intel what she accomplished at AMD. Amd was a much more Lean, smaller scale company with nowhere to go but up
@@Sir_punchwood I don't agree with that. IN fact it's easier for intel to go up because they have a much larger bank account to hire, and to do so.
AMD had no where to go but further down if they failed.
Lisa SU inovates and absolutely understands what people want.
Intel has every means to succeed.
@@DaveTheeMan-wj2nkagree. I also believe a Strong proper leader could make large scale change quickly if they had a vision / plan.
Intel has historically done everything inhouse. With their own foundry etc. This used to be the best in the business and everything inhouse was a strength of theirs, until the foundry started lagging behind the competition. This then became a liability as the foundry affected all other parts of the business, and everything inhouse became a weakness.
Its not a matter of "simply hiring more people", it was (still is) a matter of revising their entire manufacturing pipeline.
The interim-CEOs are temporary. Intel had better try to find a Steve Jobs type as quickly as possible otherwise Intel is going to become the next Blackberry as in...irrelevant.
A finance guy and a marketer.
I guess we know which direction intel is headed in.
'show me the money'
Hey it worked with steve jobs
Broken up for fire sale while the board bails on golden parachutes.
Restructuring, probably...
Dang!!! it’s the "Thanks Steve" lady
OH HOLY SHIT what?! 😂
Lol, I didn't realise it was her until I watched Dr Ian Cutress' video he released shortly after the announcement.
Plot twist of the century
Yup, media should just call her the Thanks Steve Lady.😂😂😂
that is no lady
Finance CEOs brought Intel to its knees. Engineer Pat tried to turn it around, but couldn't halt momentum enough. Bringing back marketing/finance as the head will be the death knell of Intel.
Sounds like these new finance/marketing folks are going to gut Intel and likely end up selling parts of it to Broadcom.
He's just too slow (which is understandable since the damages that the previous one had dones are pretty bad), if he's as fast as we can dream off, the BoD wouldn't fire him but they did because they're impatient
@@osopenowsstudio9175 by being slow do you mean slow to cancel projects like arc gpus?
Too bad he wasn’t as slow to not cancel royal core project though. What exactly was his plan on making Intel better even? Riding on top of government’s subsidies?
Intel will end up like Boeing. Hire marketing CEO, cut corners, ignore QA and deliver subpart products
...whinge to Congress about how they're a VITAL part of America's economy, defence, etc., etc., get $400billion taxpayer bailout, which will create hundreds of jobs and secure employment for...
...dozens of European luxury yacht building firms.
Will Intel whitleblowers get assassinated too though?
@@familhagaudir8561 Bro this is America where even the president is not safe.
Oh, look, my comment got deleted. Yay, RUclips.
@@hoilst265 Is it the so-called freedom of speech?
Lego now has more advanced silicon manufacturing processes than Intel.
Not only do they have the better manufacturing process, but rumor has it the LEGO world also has some serious long time experience with packaging individual tiles together - without using any glue. Maybe that's why Intel board got rid of Pat, they were afraid he might ruin a good deal they're working on with the LEGO world to make their next gen of chips.
😂😂😂
Fr 😂😂
and they both overprice their products
its been an interesting week
Crazy week! Tons going on.
And it's only half way done...
And it's only Wednesday
Captain, it's Wednesday.
Hoping for an interview with Holthause at some point where she will say _"Thanks Steve"_ actually to Steve!
I can imagine the inner turmoil between Steve's professionalism and his desire to get her to say the thing (it's what the people want - it gets the people going)
Hope intel gets a engineer CEO as their "permanent successor", since, as we all know, marketers and salespeople just don't know how to run a tech company
Eh. Steve Jobs was probably the best salesman in history. And yet he managed to take a basically bankrupt company from nothing to squashing all of their competition.
A salesman could lead a tech company no problem. It's more so that all companies these days value mindless drones. These drones eventually work their way up the pyramid and try passing this mindless corpo speak nonsense as advertisement or actual policy. They don't know how to sell anything.
Just look at Tim Cook's leadership of the same company. Has that guy ever even said anything without a wall of corpo babble around it?
Do they even know how to run any company that actually have products? Not just marketing?
Nor airplane manufacturers. RIP Boeing.
Just wait for intel changing to a new "permanent" CEO every quarter.
Neither do socially deficient engineers
While having the "Thanks, Steve" lady becoming the interim co-CEO for Intel is probably a terrible, TERRIBLE sign for the company, I can't help but find it hilarious and wonderful.
I just hope she has a good sense of humor and the first "marketing" move she makes is to get in touch with GN for an interview, during which she purposely drops some perfectly timed "thank's Steve"s when Steve least expects it.
Pat "steps" down the stairs right before he falls due to being pushed by a shadowy hand with a strangely blue suit
G-Man??? 😂
Rise and shine, Mr. Gelsinger…
Or a strange bald man dressed like a mechanic for some reason.
Gman can't so stuff himself. Or even touch stuff.
He's a multi-dimensional being that needs of others to do his dirty job.
Cool it with the antisemitic remarks.
With Finance CEOs taking over Intel I sense a new beginning of the 10nm++++++++ age
That might very well be the case. But it's reasonable to assume the finance guy has been chosen to stop the hemorrhaging. Whether it's also a good choice for turning the company around and remake it into an industry-leading innovator (which it hasn't been for at least the last one and a half decades, frankly) or whether this will be the job of a subsequent CEO has to be seen...
Intel really did Pat dirty, no other words for it
But seriously, turning around a company that was as gutted and bloated at the same time as intel isn't something you do in a couple years, definetly in a market where the competition is doing as strong as AMD is. The board really seems to be the root of the cancer at Intel, and it will go down in history together with Boeing as great American economic and engineering icons that fell victim to the short term greed of shareholders.
I commend the incredible work and effort Gelsinger put in to try new ventures and axe failing ones, sadly some MBA bean counter will now reap some benefits of Pat's work and give the final push to bury the company into the ground.
Too bad nothing happens to a board when they make decisions that cause the downfall of a company
Intel were lazy a long time ago. He did nothing to change that and indeed helped it die.
@@handlesarefeckinstupid yeah, yeah, source?
I think he did a lot for foundry, but the products side completely sucks compared to competitors and is worse off than before in my opinion
Intel's problems started when the engineers failed to get off 14nm for a decade. It's not the board, it's not the finance department, it's not the accounting department, it's not the shareholders that created the problem, it's the engineers.
I'll admit... I think letting Gelsinger go now is a bad move for them. Let him see 18A to the finish line and then if that's bad go ahead and fire him. Doing this now I just don't understand.
Market reflects this too. If Pat couldn't turn Intel around.... yeah, get ready for team red and team green domination folks
Based on the market caps of the three, the industry already writes off Intel, already.😢😢😂😂. Seriously, who cares.
" Let him see 18A to the finish line "
Jesus... are you saying it is not ready yet?
TSMC's 2nm is ready and they have 7 fabs for 2nm....
Rick Lenssen may as well have one of the coolest jobs in the world; imagine being employed by ASML, the only company in the world capable of producing lithography machines capable of this level of precision, just to create LEGO models of the machines. What a hero
my coworker behind me used to work at Intel. He told me insider story about former Intel CEO Pat Gelsinger. My coworker said that money was appropriated in all of these unrelated industries that Intel should never have been in. Examples would be space programs, AI taxi air vehicles, and many more things. Once CPU sales slumped, the increased cash flow in all other areas caused issues for the company. Due to the 13th and 14th gen issues, the company had to start selling off these businesses that are now weighing them down. Pat was largely responsible for the undue diversification to a level that compromised Intel quite a bit. Seems like an interesting guy and well accredited as well. Interesting story about one of America's Giant Companies.
Intel CEO retiring before he loses all his money lmao
He getting paid to suck
He doesn't own the company.. he get's paid a salary
He owns plenty of shares and his smartest move would be to retire and sell them which is what most do in these situations. @RegenTonnenEnte
@RegenTonnenEnte he owns plenty of shares. Over 100k shares and over 500k shares indirectly for families etc. So yeah he's already rich and he will probably sell them which most would do in this situation. He won't have to ever worry.
@RegenTonnenEnte can't forget stock options make up the majority of CEO compensation. You're both correct
Can’t wait till they have subscriptions to unlock more of their CPUs.
They already do though, just for specific server xeons.
Oh Papa :(
Papa's not here D:
Papa went to buy milk :'(
Cool that you played RuneScape Steve! 😎 I made music and sounds for it from 2006 to 2017! 😄
Adam, your music is some of my favorite and most nostalgic in the game. The main God Wars Dungeon tracks echo in my mind even today!
@d3dhook Aw, thank you! ☺️ I am so happy you liked it!
Hyurp! Ahh.. Tink- hyurp! The sounds of a generation live rent free in my head for eternity
@@WartimeFriction 😂
Hold on, wait, that's so cool. A bunch of those tracks are just about *permanently* ingrained in my memory. Amazing work!
I'm thankful this 16th century Turkish wrestler takes time out of his busy training schedule to give us this news.
he's clearly GrEEK 🤣
Countdown to... Intel's dead in the water?...
Ah. The new co-CEOs are shareholder appeasers. The company is good as gone.
Good time to sell, if I'm being frank.
@@grainos5 good time to sell was a year ago :D
@@lS727 So it's a good time to buy, right! :D
@@StereoBucket if it only would be so easy :D
the co-ceos are temporary. and it seems the board isn't intending to keep them based on a bloomberg article on them.
also, if they're wanting to fix a culture problem rapidly (which is possible - intel has deep culture problems), you don't want an insider cursed with knowledge, but an outsider with a different perspective.
The TSMC gaffe was obviously very bad and probably firing-worthy, but I feel like Intel going through 2 CEOs before the decade is half over in an industry where plans are made out years in advance is a worse sign than shadow firing Gelsinger
And it was such an obvious gaffe. TSMC has publicly stated previously that it saw it's new relationship with Intel as "temporary". Meanwhile AMD has bought Xilinx, which was a bit of a collaboration darling for TSMC, and grown to take nearly as much capacity as Apple (let's not get into the relationship between TSMC and Nvidia here, as that is one long-ass story arc). On top of this AMD has carried their own weight though the development process of direct-copper vertical chip bonding, and is now the biggest customer of the service. Going foundry on one side, being a competitor to a favored customer in the middle, but relying on TSMC to save your ass on the other side is like putting the knife on your own throat... So one stupid remark cost Intel all their profit on the entire Core Ultra lineup...
i am a Taiwanese, and here in Taiwan, we doubt that story...
i mean... TSMC founder's comment for Pat is true..
and we did feel offended.
One side, spreading out the idea in public that Taiwan is not a stable area, trying to hurt TSMC's credit.
On the other side, outsourcing Intel's 3nm chip order to TSMC.
This is not an honorable move from our perspective.
But we do doubt the discount canceling story.
Here in Taiwan, everyone knows TSMC's producing capacity is fully booked. Even Nvidia agreed that they accept TSMC to raise the price.
So 40% off discount to Intel?
That doesn't sound real.
Plus, Nvidia and Apple's order amount is huge... Intel's order doesn't make Intel the top 3 customers...
@@AlexNomadHuangbut it is not stable, is it not true?
@@drinkwoter it is TRUE if you consider the threat from China.
But it is also hypocritical act when saying that and relying on TSMC at the same time.
If Pat didn't place order on TSMC for Intel's surviving, and he said those words, then he would be still an honorable man.
@@drinkwoter Don't you think Pat should stay as far away from TSMC as possible if he believes in what he said?
3:20 I found intels problem, they have vice presidents, senior vice presidents, and executive vice presidents all for just one department. Managers managing managers who manage managers who manage managers.
Corporate America is FILLED with incompetent managers, vice presidents and presidents whos only job is to look like they know what they’re doing to the other execs and then leave with a massive golden parachute while the company they left dies.
These people are vultures.
THANKS, STEVE!
I'm frankly amazed you successfully uttered; this chassis is $7100, without projectile vomiting.
I knew people who worked with Pat Gelsinger in another company and they really liked him. Too bad things didnt go well for him.
By the way, there were some interesting reports about the qualifications and the motives of some board members of Intel. Sounds toxic.
where can I read the reports?
Hyper local memes are best memes. Thanks, Jennifer! 😄
“We’re not gonna get samples”
…the way they’re going, does anyone really want them at this point? 😅
Exploding CPUs is fun to see...unless it's yours 😂
Yea, I'd love to get a free Intel Gpu 💀
So Intel replaced Gelsinger with a bean counter and _god only knows._
Thanks Steve.
a company that depends on high level tech should have a engineer at the helm.
@2:05 read the bottom of the page “Foward Looking Statements” this corpo shit cracks me up….
You know it's bad when they get rid of the tech guy and replace him with a numbers and marketing person.
RX is almost OVER 9000. We're so close!
Is it gonna reach 9800?
@@777anarchist Get in early, it will reach 100k!
Old-School RuneScape is still very successful even this many years later. In fact, it just broke a concurrent player count record yet again just a couple weeks ago and regularly spends time in the top 3 most-played MMOs alongside World of Warcraft and Final Fantasy XIV... And I think it's gonna outlast those two.
That's wild! Had no idea it was still so huge.
@@GamersNexusI’m currently playing it right now and they broke the record due to a limited time game mode they do yearly.
Jagex unironically put body type a and b... I will never touch that game lol
RS3 at least simply doesn't mention gender or body. It's just two pictures of a man and woman and you can choose pronouns. Still not something I'll support.
@@MoonBunnyLovers 100% agreed. I lost any and all respect for the devs when they decided some culture war BS was more important than the integrity of the game
One of my friends has an account he's been playing on since we were in public school (30 years old now so like......awhile ago lol) and runescape was pretty new from what I remember. Jagex has emailed him saying he was one of like 100 accounts or so from the first year the game was online that's still active. He's got free membership for life and a few rare items they only gave to OG players.
Old School Runescape is a relaunch of the 2007 version of the game, that launched in 2013 and has since been continously updated.
So youre telling me my account from 2007 is gone or....
@@ilbro7874yea, or it’s on RuneScape 3 now
@@ilbro7874 No, it's still there. But all your stats and items are in RS3. You can log into OSRS with the same account, but you'll be starting on tutorial island in OSRS.
OSRS also has the Leagues 5 going now, a temporary and fun gamemode with accelerated XP rates and riddiculous relics(power ups), if you wanna just have some fun with that in december and january.
@@ilbro7874no. It's just in the main RuneScape not osrs.
It isn’t, you can still log into your old account in both OSRS and RS3. They’re the same account, but you’ll be a base level-3 on OSRS. I think you need to attach your old account to a Jagex account at this point, which they recently added as a way to support MFA login.
There’s a new leagues running in OSRS that’s been a ton of fun-now is a great time to try out the game again!
Thanks Steve
As an ex intel fan boy, this makes me chuckle unnecessarily - the writing has been on the wall for a looong time. At the same time, AMD absolutely NEEDS competition. Last thing we need is an Nvidia in the GPU market and another "Nvidia" in the CPU market. Hope intel can turn their mess around. Return to making CPUs and not making shareholders happy.
Personally, I don't think this is a win even for people who hate Intel. It's especially bad for americans, because we spent all that money helping them get their new fabs up and running and now it's all gonna go in the toilet. Just in time for China to swoop in and gobble up "Chinese Taipei" as Trump still likes to call it.
AMD’s competition will be outside the x86 arena
Watch Nvidia get into the CPU game and totally take over the ENTIRE industry!
@@olternautthey've been in the CPU game for a long time and they haven't taken over yet.
Considering AMD had one foot in the grave after running in the reds for a decade straight, was 4 billion in debt even after selling their fabs for 4 billion, I think Intel can take a bit more of a stomping. AMD has only just broken 40% market share in desktop and is a lot lower than that in laptop. Wake me up and talk about competition when they are at 50% in all CPU segments.
06:35
i am a Taiwanese, and here in Taiwan, we doubt that story...
i mean... TSMC founder's comment for Pat is true..
and we did feel offended.
One side, spreading out the idea in public that Taiwan is not a stable area, trying to hurt TSMC's credit.
On the other side, outsourcing Intel's 3nm chip order to TSMC.
This is not an honorable move from our perspective.
Pat should stay as far away from TSMC as possible if he believes in what he said.
But we do doubt the discount canceling story.
Here in Taiwan, everyone knows TSMC's producing capacity is fully booked. Even Nvidia agreed that they accept TSMC to raise the price.
So 40% off discount to Intel?
That doesn't sound real.
Plus, Nvidia and Apple's order amount is huge... Intel's order doesn't make Intel the top 3 customers...
Sorry, but Taiwan is not stable and everyone knows it. This isn’t Gelsinger’s random opinion. The most powerful country in the world has publicly declared it wants Taiwan back under its control. The US cannot and will not do anything to stop it because realistically it no longer has the conventional military power, nor industrial base to do anything. It will offer aide but there’s no guarantee of what will happen in Taiwan.
22:05 "They're changing the name so much, they should probably consult with NZXT" is crazy haha, thanks for being such a savage Steve!
I have the Lian Li yacht case. It's amazing. A friend and I added some sauce to make it play songs from some speakers we wedged into the hull area including "I'm On a Boat", "My Heart Will Go On" and "Sloop John B". As a whole it was extremely fun while also *comically* impractical in every way. Lugged it to QuakeCon for several years for pure comedy value. A++, zero buyer's remorse, but also it was only ~$450 shipped soooooo very dumb but not seven grand dumb.
Okay 450 for a stupid-fun case actually sounds reasonable. XD
20:05 For those wondering, since this is a Wendy's: 100 Kg is approximately 882 of Wendy's 1/4 lb patties (net weight before cooking).
Something something your mom?
20:33 That "Biochemical 4RE" is probably a literal translation of the Chinese title for Resident Evil 4 RE.
Using a game like that, which isn't very heavy in the ray tracing part in the first place, as a benchmark for ray tracing doesn't feel like a good sign.
Tbh I've yet to find a use for ray tracing and looking at the review benchmarks, anything past 1080p with a stable 60+ fps would require a 4080 super or a 4090. Without dlss ofc. Which, I mean if I want to have a high fps mush, why do I care about ray tracing again?
So to get usable ray tracing in a few games where it looks significantly better than no ray tracing, I'd have to pay the equivalent of both consoles? No thanks, fam. RT remains a marketing operation.
The thing is that the board of directors wanted Pat to fix their 10 year old shit within 4 years while the competitors are not slowing down.
He tried his best:
- Managed to ge the acts in US and EU.
- Managed to get EUV machines fast
- Managed to buy all the new High NA EUV machines for 1,5 year so that no one gets it and so that intel can close the gap
- Managed to reduce the TDP usage of cpu by 50%
- Managed to get proper GPUs for budget gamers.
He has made proper decisions (excluding the tsmc comment), give the guy some slack.
Most likely to board of directors want their bonus but Pat was thinking in long term.
Thanks, Steve!
Intel is going through it's AMD phase now. Grab the popcorn it's going to be epic.
Or dont if intel just dies. Ryzen was a miracle, doubt that could happen to intel (who are actively hemorrhaging money on fabs)
@@olegshkurenko-0448 There is no way in hell Intel could let go of Fabs. That is the only saving grace of Intel now. Things are different now then it was a decade ago. You can't just catch up to competetion after you have fallen behind...
Not to mention selling off the fab means US leadership in leading edge node is gone. It most likely could even trigger world war 3 because of Taiwan position with China. I am not being dramatic right now. Literally any single thing we use nowadays have a chip in it and it includes all the military components. Country would die to get that advantage. Chips are far far far more lucrative then oil nowadays. This is the kind of strategic resourse that country would galdly kill 50% of their population to gain. Imagine a country having all the control over 90% of a world resource which is used everywhere and can't even be replicated by anyone.
Intel Fab will not die of. US will never let that happen. Unless Trump throw out the CHIPS act and decided to give up semiconductor industry to "own the libs".
Haven't played EverCrack in forever. Thanks Steve for stirring up old memories!
At 17:23, you can see the lanyard included in the packaging so I would guess that is what the 2 slits are on the back of the handheld.
I'm at work and going to listen to this in the background. Perfect timing!
What are you doing?
@ semi truck driver!
I just didn't skip through the Antec ad because it wasn't an NZXT ad anymore! GN's integrity is impeccable
THE "THANKS STEVE" LADY IS NOW CO-CEO?!?!? 🤣🤣
She draws power from every "Thanks, Steve" reference. At this rate, she will be ruler of the world in a decade.
Nice to see Antec back at the forefront in cases.
I swear, as handheld performance goes up, aesthetics goes nosedive down into the ground.
It'd be cool if you get to interview Pat one day in the future Steve.
I'm interested in seeing where Intel GPUs go. Who knows, maybe they will be the new budget option for graphics. Wouldn't it be something if we had another decent option in the GPU space? More competition, more better.
When I upgrade my current computer and depending on what GPUs end up actually looking like when the mess is all said and done next year, I might just keep my current GPU for a bit and in that case perhaps buy a cheap Arc to toss in since I don't have an integrated GPU. Hopefully though in that case my BIOS would instead let me run this PC headless and I'd turn it into a NAS.
@@EkiToji Yeah, and I have personally had great luck with used graphics cards if your budget is really tight. I have gotten my 1650 Super, 3060, and 3090 all used, all still working after years of owning them. There are risks, but you will get better performance for your dollar.
Nowhere, the underlying arch is doomed. It's a Raja design. He's been chasing this idea, this theory, about GPU core design for about 15 years. AMD gave him a shot with the Fury, and it absolutely failed. It was much slower than theory suggested, it was hot, and it wouldn't clock.
Sound familiar?
@@icedreamer9629 Potentially, just hoping is all. The landscape is very frustrating for me, so I want to be cautiously optimistic. I don't know where all this is going to go, but my hope is that things will get better within the next couple of years. Especially for people who have smaller budgets, as the market keeps climbing right now, especially from Team Green.
Wait. You wanted an engineer for CEO? This is a Wendy's.
Been waiting for this one!
A strong CEO for a megacorp is someone who can minimize infighting and internal politics.
Literally as simple as this.
Wait! So, one of the new Intel leader is the "Thanks Steve" lady? LOL
Given how much (admittedly somewhat justified) complaining there has been about graphics card prices, it's nice to remember how much legos cost.
Damn, no golden pig upgrade pack rumors this week.
23:50 it is probably the most important company of the planet, with the most important machine of the planet (at the moment).
Intel needs an engineer in the ceo spot
Under Gelsinger, Intel publicly made it known it's focus was in investment. They needed to catch up and overtake competitors, it was going to take time and money.
This new leadership being obviously financially focused proves that the shareholders have bent the company over a barrel and are going to milk it dry until it collapses and is sold for parts.
0:37 - Man, for a millisecond I thought a video was sponsored by NZXT KEKW
Using kekw on RUclips is insane
We wouldn't even know anything about her or her existence up to this point if not for you, Steve. She should pay you for all that valuable branding and marketing you provided. I think 7 or 8 figures is fair. You clearly raised her status to CEO levels.
And for those who can't take a joke, I am in no way trying to say she didn't earn the position.
25:20 I can still pre-order it in the ASML employee webshop in the Netherlands. Do you want to buy it through me?
Steve is the realest tech journalist on the planet! The Intel apology and walk-off is just priceless…
Intel CEO getting kicked out really leaves me sad about the future. Competition is always good. Even if it is an old top dog! They still need to be competition...
lol My brother was legitimately sad that the free food and coffee was taken away. Glad to hear the coffee is back. lol
next to resign
nzxt ceo
we hope
Gelsinger: He was brought in to make Wall Street happy. AMD was crushing it with an engineer CEO, so the board tried to copy them. Gelsinger was a yes-man and a brown noser. He rose through the ranks taking credit for other people's work and kissing the ass of whomever had power. Shocker, when you give someone like that control they don't know what to do; there's nobody to pass the buck to anymore. They never had any inherent talent apart from stealing from others. I've worked for people like him many times before, I am NOT shocked, even slightly, that it went nowhere. Intel has a massive culture problem, and won't make a good product until that fundamentally changes.
What kind of culture does Intel have? What does that even mean?
@@1pcfred DEI they have in droves.
@@rosomak8244 a large company with a lot of employees is obligated by law to meet quotas. That kicks in at 500 employees. So it's not like they have a choice.
Steve being an Original Runescape fan makes me an even bigger fan of this channel.
Thanks Steve!
i really want Intel to succeed, competition is good, but I’ve never seen a “marketing” person ever turn a technology company into a profitable one.
I'm more of the AMD team but I hope that Intel recovers, brings excellent processors and excellent graphics cards to the market. Competition is good for consumers (when it doesn't speculate between companies obviously)
What if we get a new thanks Steves acknowledgment for both our wonderful Steve's
I have no way to know for sure, but I'd guess Gelsinger was fired because of the huge face plant that 14th gen has been. The suddenness of it points to a particular triggering event, but the underlying problems are obvious
Suspecting it has to do with spinning off fabs, or at least the maximum part that the CHIPs act allows. Spinning their fabs would be the fastest way for intel to show better performance in the spreadsheets by massively cutting down their overhead and pump their stock. Since, again under the CHIPs act, Intel is forbidden from stock buybacks for another 3 years this is the only way for the board to make good money short term. This is pure greed, even if it means burning the company to the ground. Guess the board doesn't care at this point. They are looking to cash out and retire.
Gelsinger on the other hand during his tenure doubled down on fabs as the way for Intel to get their feet on the ground again. This would probably not produce any meaningful financial results until 2030 and is quite risky but still seems like the only way forward. He certainly did better than the previous CEOs that did nothing for 10+ years expecting Intel to hold their monopoly in the CPU space.
Very much praying for -Nana- Intel Arc
THANKS, STEVE.
Thanks Steve
Just to throw this out there, really appreciate the 4k quality of the equipment, time, effort ,content and expense that goes into a GN video. Yes there are other channels in 4k on RUclips but they don't look as good as this.
16:45 maybe for some sort of lanyard to carry arround the wrist or neck?
yeah red strap 17:22
I have used the new Arc 140V in the Intel Core Ultra 256V ( 16 GB instead of 32GB of the 258V ), and Holy Carp Burke-man!... 1080p low settings with playable frame rates ( consistently over 30fps up to or around 60fps) on several different games( Destiny 2, Hellbade 1, World of Warships). Without upscaling. With FSR/XeSS it was even better. On a Lenovo Yoga Slim 7i Aura edition laptop specifically. So the next MSI Claw might solve the first ones lackluster gaming performance.
Having Co-CEO's is an oxymoron.
how pedantic lol, sure if you consider it true there can only be one "chief" . really not a big deal
It is both semantically incorrect and philosophically retarded.
I can't wait until Intel announces that every sitting member of the board and shareholder is CEO
Truly debasement is 'no big deal' hence we all enjoy inflation presently,
I tried ordering the Lego set. The order was cancelled and I was told that you need an ASML email address to order from that store. So I guess it's an internal storefront. Although I'm not sure why then they don't have a login process or put it on their intranet instead. Confusingly the cancellation email both stated that my order had been refunded and also explicitly that it had NOT been refunded. Upon reaching out, I was informed that it had, indeed, been refunded. All in all, a weird experience.
But yeah, if anyone else is wondering, it sounds like you can't buy it unless you're directly affiliated with ASML, and if you do try to buy it you *will* be refunded.
Nice episode... watching the fires closely NOICE
2:02 I literally LOLed. Thanks Steve. I needed that one today.
4:01 Great eye spotting the L3Harris connection. A firm i follow quite closely.
"finance backgrounds", so basically the company is going to die. The real downward trend in high tech companies always starts with these overblown clowns.
Couldn't keep my eyes from the NZXT H710 in the background😶