Intel Corp (INTC)

[Ideal_Inv]

After Intel CEO Swan’s cleanup job, Gelsinger will move the company forward

Here is an extract from a take on the last 3 Intel CEOs and expectations from Gelsinger:

"While Swan showed it with the XPU strategy, he was more of an operations guy. His task was to fix a company broken by Krzanich’s reign of error, and he did that. He stemmed the talent bleed and fixed morale. He made it so Intel delivered products on time, unhampered by shortages as severe as those affecting AMD. Analyst Rob Enderle put it very well when he told me Swan is the mechanic but Gelsinger is the driver.

Swan’s departure does continue a problem for Intel: its last three CEOs have all walked the plank. Otellini was pushed out for failing to see the mobile market coming and letting Arm eat Intel’s lunch. Krzanich was a nightmare, and now Swan is (politely) shown the door after two years. Hopefully Gelsinger can break that trend, too."

https://www.networkworld.com/article/3603430/after-intel-ceo-swans-cleanup-job-gelsinger-will-move-the-company-forward.html