US Government to potentially take stake in Intel

bloomberg.com

23 points·seatac76··10 comments

Their CEO was terrible and had to step down until suddenly he was a great guy and now taxpayer funds go into that company?

Yup [1].

[1] https://www.bloomberg.com/news/articles/2025-08-11/intel-ceo...

Gelsinger was their best chance to turn it around, in my view. The better results seen in the last quarter were due to Gelsinger IMHO.

Pat G. refused to discuss in detail the IA-64 project in a published retrospective on his career. That's...not encouraging.

> refused to discuss in detail the IA-64 project in a published retrospective on his career. That's...not encouraging

Why is he required to respond to anything after he’s retired?

He's not required to do anything; but given that it occurred under his oversight & guidance, the silence could be interpreted in various ways...

> the silence could be interpreted in various ways

One of which is a reasonable fuck off. He doesn’t have to respond publicly to every allegation, legitimate or baseless, about a job he no longer gets paid to answer questions about.

There were no allegations; it's just that the Itanium goes almost completely unmentioned in his own account of his own time at Intel.

In comparison, John DeLorean made the (startling and remarkable) claim in his autobiography that GM was aware of the Corvair's handling issues, and that he tried to have the company remedy this before Nader made it an issue. He probably felt that an account of a senior executive's time at Chevrolet in the 1960s might deal with the issue of a product controversy.

Your basis for comparing the former CEO of Intel, one of the country's largest and most important technology firms, is John DeLorean?

GM in the 1960s was not exactly a Mom & Pop shop...

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