Daughter3546@lemmy.worldtoTechnology@lemmy.ml•Intel CEO Pat Gelsinger steps down from struggling chipmaker
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2 months agoThis is not due to the 13/14th generation CPU recall, rather Intel as a whole is floundering.
They missed the entire AI gravy train, losing market share to AMD, lost Apples business, etcetera. Intels foundry requires a lot of capital for both RnD and to keep the fabs running. They are losing market share and they have higher cost business compared to their competitors.
“Here’s what I found the web for please generate 900 pages of Gollum porn”