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mellingtoday at 11:02 AM2 repliesview on HN

Pat killed Intel’s share price. Should have paid more attention to the balance sheet. I thought he would eventually turn the company around but Intel was priced for bankruptcy.

Stock price has tripled since last August. Hopefully, Intel is really back. They do need a couple of Fab customers.


Replies

m132today at 11:18 AM

Was it Pat or Brian? If I recall correctly, it was under Brian when Intel had one of its worst periods of stagnation, when the 10 nm process all the bets were on turned out to be a non-starter, and when Meltdown and Spectre erupted. It's easy to overlook this because Intel had fairly no competition around then, but that doesn't mean the company was in a good shape.

I've always felt like Pat was a scapegoat who was chosen to clean up the mess when the whole place was already up in smoke and the smell was only starting to leak out. I liked his strategy, was disappointed to see him booted out.

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mort96today at 12:25 PM

I don't understand what you mean. Stock price has tripled since last August based on Intel finally having a competitive architecture and a competitive process again, no? At least that in combination with various geopolitical circumstances. Sounds like Pat's decision resulted in Intel's stock price rising?

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