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ksec 5 hours ago

>He also didn't cut dividend until 2024.

He was not allowed to cut dividend until 2024. Cutting dividend was the first thing he wanted before he even became CEO. The board said no.

Edit: Would have had ~$20B savings, $10B from early sell off, started the work 3 years earlier. In hindsight the best was probably hire someone to do the dirty work before Pat took over. But again, the board had no idea what they were doing. Or they have their hands tied as well ( Which I dont buy into it much. )

>Intel in 2019 had $72 billion in revenue and 110k employees. >Under Pat, Intel's roadmap was a mess. When you look at AMD's roadmap, it made a ton of sense, predictable, and there are rarely any delays or cancellations. When you looked at an Intel roadmap, expect 30% of them cancelled, 50% delayed by 1-2 quarters, and 30% switched to a different node tech.

He become CEO in 2021 Feb. He was also the one who sorted out Intel's roadmap from a mess to something comprehensible.

>IFS strategy under Pat amounted to nothing

No person on planet earth could have executed IFS in under 3 years. Especially with little to no cashflow. It was always a long term goal. That is why he has to play the government subsidy card, when he was, again not allow to cut dividend. Edit: And I might just add, getting Intel's IFS to have a separate balance sheet took longer than expected precisely because it would expose certain numbers that could affect stock price. cough Guess who were against it.

>He missed on AI boom, crypto boom

Considering how long the cycle of chip works. I am not sure how he missed any of it.