The only thing that Intel leadership is a threat to is Intel.
Dag, yo.
Okay but Tom Cotton is a bigoted piece of raccoon feces.
This seems fair to be honest, the guy was CEO of Cadence while they were getting around export controls. Probably not a bad idea to check things out.
Naw. This is not what was happening at all. This is a ploy to try and nationalize a chip producer, as China has. AMD and Nvidia will never work, and Intel is low hanging fruit.
Intel "leadership" destroyed the company with endless share buybacks and it now relies on capital infusion from the US government.
It should be nationalized.
Unless you've been reading different news, they aren't receiving abnormal amounts of funds from the government. There was the CHIPS act, which has unfortunately been defunded.
What are you speaking about specifically?
they aren't receiving abnormal amounts of funds from the government.
This made me chuckle. I didn't realize chips money was completely removed...
Intel can't fail, government will bail them put and when they do, it should be nationalized
Well then, proof required.
Intel has already received $2.2B in federal grants for chip production
They got 300m form ohio too...
So your statement above is wrong?
Opening paragraphs exactly what I said.
Sure buddy... That's 2.5 billion Intel took in state aid without any equity being issued to the taxpayers.
That's Trump's idiotic doing, not the company.
That's what biden gave Intel... Trump took the remain 5b.
You don't know what you are talking about. You made several factually incorrect statements within this thread.
You are talking out of your ass. Take the L, got read up om the issue.
Happens to the best of us
Isn’t this the guy who outright said their focus is now short term profitability and cost cutting?
For Intel’s sake, I hope he goes.
Yeah for all his shortcomings Pat Gelsinger had the right plan for Intel. But the board wanted to see the numbers go up every quarter -- long-term viability be damned -- and he couldn't do both that and push all of their advanced engineering directives, so something had to give (which in this case was Gelsinger himself).
He presided over a ton of dyfucntion too, but yes exactly.
if they throw Lip-Bu Tan in jail does that mean the 24,000 people he shitcanned get their jobs back?
The Intel board:
Since it references cadence:
https://www.reuters.com/world/china/cadence-plead-guilty-pay-140-million-us-china-sales-2025-07-28/
Fined for breaking laws that are supposedly there for national security. People should be in jail, if these laws had any real purpose.
There are worse people who didn't go to jail: https://www.theguardian.com/environment/2023/jun/02/dupont-pfas-settlement-water-chemical-contamination
These days all companies got to do is pay a fine.
Sit down Tommy, you are out of your league here.
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