Comment by cubefox
5 hours ago
> Intel in 2019 had $72 billion in revenue and 110k employees. When he was fired in 2024, Intel had $54 billion in revenue and 124k employees. He also didn't cut dividend until 2024. He nearly put Intel into the grave in 3 years.
That's nonsense. Intel's problems were caused by falling behind TSMC, which was not the fault of Pat Gelsinger. Quite the contrary, he did a lot to turn things around, but this takes time, a lot more than three years.
They had far more problems than just falling behind TSMC. See my post here: https://www.macrotrends.net/stocks/charts/INTC/intel/revenue
Pat has been on record many times that he was against dividends but the board declared them anyway.