Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

gelsinger intel semiconductor intel 18a pat gelsinger

Former Intel CEO Pat Gelsinger defends Intel 18A amid rumors of poor yields

Napkin math without context doesn't work for judging process technology
The big picture: During his tenure as Intel's CEO, Pat Gelsinger sought to correct a critical strategic misstep that allowed TSMC to surpass Intel in process technology. Gelsinger promised that Intel's 18A process would enable the company to reclaim its leadership in the foundry space, but that claim has faced scrutiny since Intel reset its guidance in July.
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What's next for Intel: Split, sell, or shut down the fabs?

Pat Gelsinger is out, but the big questions remain
In context: Intel has been in play since reporting its disastrous June quarter. Despite turning in a decent quarter last month, the writing has been on the wall for several months that Gelsinger was under pressure. That pressure was coming from all directions – customers, partners, employees, and, not least, the Street. After the company reset guidance in July, the consensus across the financial community was that Intel had to be split in two, and increasingly that Gelsinger had to go.
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Judge denies Elon Musk's billion-dollar Tesla pay package for a second time

The requested $6 billion in lawyers' fee was also denied
What just happened? What's worse than having a multi-billion compensation package denied to you by a judge? Having it denied a second time, despite being overwhelmingly re-approved by Tesla shareholders. That's the situation Elon Musk has found himself in after Delaware judge Kathaleen McCormick upheld her original ruling that called the payment excessive. She also denied a request from lawyers who brought the case to be paid $6 billion.
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