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Gelsinger "too old" to save Intel
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Old 10th December 2021, 08:10   #1
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Default Gelsinger "too old" to save Intel

Claims former TSMC boss, 90

Kicking Pat Gelsinger, 61, is too old to save Intel according to TSMC founder Morris Chang, age 90 told a lecture hall.

While Gelsinger has shaken things up throughout his brief time as CEO of Intel, placing a heavy focus on the company’s manufacturing operations and opening up its capacity to other chipmakers, Chang thinks Gelsinger won’t turn Chipzilla into a global manufacturing leader because he’s too old.

To be fair, Chang was not being ageist, particularly after he did most of his best work after 65. He said that Intel, like many US companies, has a rule that its executives must retire at a certain age—65.

Just over four years is no short span of time, but Intel's Gelsinger’s plans for dominance are long-term. The two Arizona chip plants that it broke ground on in September are expected to become fully operational in 2024. The plants are part of Intel's renewed IDM 2.0 strategy that involves its newly formed Intel Foundry Services (IFS) division manufacturing chips for others. Intel is talking to over 100 companies for foundry work, and two of the first high-profile customers will be Amazon and Qualcomm.

https://fudzilla.com/news/54015-gels...-to-save-intel
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