Posts filtered by tags: Bob Swan[x]


 

Incoming Intel CEO Derides Company's Inability to 'Deliver Better Products' Than Apple's M1 Chip

Incoming Intel CEO Pat Gelsinger has said that the company must "deliver better products" than Apple, which he described as a "lifestyle company," and says that Intel's best days are "in front of it" (via The Oregonian). Speaking at an Intel all-hands meeting yesterday, Gelsinger derisively implied that Apple is merely a "lifestyle company," so Intel must be able to surpass its technology: "We have to deliver better products to the PC ecosystem than any possible thing that a lifestyle compan...
Tags: Apple, Microsoft, Intel, Amd, Pat Gelsinger, Gelsinger, Bob Swan, Apple Silicon, Intel Third Point, Incoming Intel


Daily Crunch: Airbnb cancels all DC bookings during inauguration week

Airbnb takes a big step to avoid violence at the inauguration, Intel gets a new CEO and Affirm goes public. This is your Daily Crunch for January 13, 2021. The big story: Airbnb cancels all DC bookings during inauguration week Airbnb said today that “in response to various local, state and federal officials asking people not to travel to Washington, D.C.” it will be canceling all reservations in the area for next week, which is the week of President-elect Joe Biden’s inauguration. This will appl...
Tags: Washington, Tech, Joe Biden, Intel, Policy, FLO, Airbnb, Ftc, Pat Gelsinger, Gelsinger, Bob Swan, Rapyd, Dear Sophie, Airbnb Apple, Universities Startups


Pat Gelsinger stepping down as VMware CEO to replace Bob Swan at Intel

In a move that could have wide ramifications across the tech landscape, Intel announced that VMware CEO Pat Gelsinger would be replacing interim CEO Bob Swann at Intel on February 15th. The question is why would he leave his job to run a struggling chip giant. The bottom line is he has a long history with Intel, working with some of the biggest names in chip industry lore before he joined VMware in 2009. It has to be a thrill for him to go back to his roots and try to jump start the company. “I ...
Tags: TC, Enterprise, Tech, Intel, Taiwan, Michael Dell, Nvidia, Dell, Vmware, Pat, Maxim, Omar Ishrak, Moorhead, Pat Gelsinger, Patrick Moorhead, Moor Insights Strategy


Swan Out as Intel Gets Its Third CEO in Three Years

Intel, the beleaguered CPU designer, is moving onto its third CEO in three years. Today Anandtech reported the departure of CEO Bob Swan and the hiring of Pat Gelsinger as his replacement.Read more...
Tags: Science, Intel, Pat Gelsinger, Bob Swan


Intel is replacing CEO Bob Swan with VMware CEO Pat Gelsinger

Intel boss Robert "Bob" Swan. Christoph Dernbach/Getty Images Intel CEO Bob Swan will be replaced by CEO of VMware Pat Gelsinger, the company said Monday. The change will go into effect on February 15 and comes after the chip giant saw a rough year in 2020. Last summer, it announced that production problems would delay its next-generation chips. When Swan became CEO in January 2019, some expressed concern over the executive's lack of technical background to helm a company historically led ...
Tags: News, Trends, Intel, Cnbc, Vmware, Cto, Pat, Tech Companies, Brian Krzanich, Pat Gelsinger, CEOs, Krzanich, Swan, Tech Insider, Bob Swan, Katie Canales


Intel CEO Bob Swan steps down after just two years on the job

Bob Swan will step down on February 15th.
Tags: Intel, Bob Swan


Intel CEO Bob Swan is stepping down to be replaced by VMware CEO Pat Gelsinger

Someone with technical nous could be good for Chipzilla – the markets certainly think so Intel CEO Bob Swan's time at the head of Chipzilla is coming to an end and Intel's first CTO, Pat Gelsinger, is to replace him.…
Tags: Intel, Software, Vmware, Chipzilla, Pat Gelsinger, Bob Swan


Intel ousts CEO and names successor

Intel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run.
Tags: Intel, Cnn, Pat Gelsinger, Bob Swan


Intel stock surges 7% on news CEO Bob Swan to be replaced by VMware's Pat Gelsinger

Intel boss Robert "Bob" Swan announces the chip group's new microprocessors called "Tiger Lake" at the technology fair CES. The new chips are expected to significantly accelerate games and AI. Christoph Dernbach/Getty Images Shares of Intel are up over 7% on Wednesday on news CEO Bob Swan will be replaced by VMware's Pat Gelsinger. The news comes after activist hedge fund Third Point LLC, which holds a $1 billion stake in Intel, urged "immediate change" at the company. Third Point CEO ...
Tags: New York, America, Trends, Markets, Intel, Ces, Nvidia, Amd, Santa Clara, Amazon Web Services, Vmware, Pat, East Asia, Loeb, Omar Ishrak, Pat Gelsinger


Intel CEO Bob Swan To Step Down in February, VMware CEO Pat Gelsinger To Replace Him

Intel CEO Bob Swan is set to step down effective Feb. 15. From a report: VMWare CEO Pat Gelsinger will take over the position, sources told CNBC. Intel's stock was up about 13% in premarket trading following the news. VMWare's stock was down nearly 5%. Swan was named CEO in January 2019 after serving as interim CEO for seven months. During Swan's tenure, Intel has suffered blows from competitors. Over the summer, Intel reported that its latest generation chips would be delayed while AMD's were a...
Tags: Apple, Tech, Intel, Amd, Vmware, Pat Gelsinger, Bob Swan, CNBC Intel


Intel CEO Bob Swan to Step Down in February

Intel CEO Bob Swan is to step down as of February 15, according to CNBC. CEO of VMWare, Pat Gelsinger, is expected to take over the position. During Swan's tenure, Intel has faced a range of considerable setbacks. In the summer of 2020, Apple announced that it was severing its partnership with Intel to favor its own custom silicon instead. Microsoft, another major Intel client, is expected to follow suit in the near future. Intel also reported last year that its latest 7nm processors would b...
Tags: Apple, Microsoft, Intel, Amd, Cnbc, Vmware, Pat Gelsinger, Swan, Gelsinger, Bob Swan, Intel Third Point, Swan Gelsinger




Intel CEO Bob Swan to be replaced with VMWare's Pat Gelsinger

Intel CEO Bob Swan is poised to step down from the tech company as of Feb. 15.
Tags: Intel, Vmware, Pat Gelsinger, Bob Swan


Intel CEO Bob Swan to step down, VMware CEO Pat Gelsinger to replace him

Swan was named CEO in January 2019 after serving as interim CEO for seven months.
Tags: Intel, Vmware, Pat Gelsinger, Bob Swan


Intel Talks With TSMC, Samsung To Outsource Some Chip Production

Intel has talked with TSMC and Samsung about the Asian companies making some of its best chips, but the Silicon Valley pioneer is still holding out hope for last-minute improvements in its own production capabilities. Bloomberg reports: After successive delays in its chip fabrication processes, Santa Clara, California-based Intel has yet to make a final decision less than two weeks ahead of a scheduled announcement of its plans, according to people familiar with the deliberations. Any components...
Tags: Samsung, Tech, Bloomberg, Intel, Taiwan, Silicon Valley, TSMC, Santa Clara California, Swan, TSMC Samsung, Bob Swan, Intel Read, Baoshan


Apple CFO Luca Maestri and Jony Ive Reportedly Candidates for Ferrari CEO Position

Apple Chief Financial Officer Luca Maestri and former Chief Design Officer Jony Ive are reportedly candidates to be Ferrari's next CEO, reports Reuters, citing Italian media. Former Ferrari CEO Louis Camilleri departed the company last week citing personal reasons, and potential successors have since emerged, among those reportedly being Maestri and Ive. Additionally, former Vodafone CEO Vittorio Colao was allegedly in the running for the position, but Reuters says a source close to Colao has...
Tags: Apple, Intel, Ferrari, Vodafone, Jony Ive, Reuters, Ive, Luca Maestri, Vittorio Colao, Maestri, Colao, Bob Swan, Louis Camilleri, Johny Srouji Apple, Luca Maestri Jony Ive


Intel chief pens congratulatory letter to President-elect Biden urging work on immigration and domestic manufacturing

Stuff that helps with Chipzilla's bottom line, basically Intel CEO Bob Swan has penned an open letter to President-elect Joe Biden congratulating him on his win, and urging his incoming administration to continue investment in domestic semiconductor manufacturing.…
Tags: Joe Biden, Intel, Software, Biden, Chipzilla, Bob Swan


Intel Contemplates Outsourcing Advanced Production, Upending Oregon's Central Role

According to The Oregonian, Intel is "openly flirting with the notion of moving leading-edge production from Oregon to Asia and hiring one of its top rivals to make Intel's most advanced chips." The decision is likely in January. From the report: It's a momentous choice that follows a string of manufacturing setbacks at the Ronler Acres campus near Hillsboro Stadium, failures that have cost Intel its cherished leadership in semiconductor technology -- perhaps forever. Outsourcing wouldn't shutte...
Tags: Asia, Oregon, Tech, Intel, Hillsboro, Taiwan Semiconductor Manufacturing Co, Swan, Hutcheson, Bob Swan, Hillsboro Stadium, Ronler Acres, Dan Hutcheson, VLSI Research


Intel agrees to sell its NAND business to SK Hynix for $9 billion

SK Hynix, one of the world’s largest chip makers, announced today it will pay $9 billion for Intel’s flash memory business. Intel said it will use proceeds from the deal to focus on artificial intelligence, 5G and edge computing. “For Intel, this transaction will allow us to to further prioritize our investments in differentiated technology where we can play a bigger role in the success of our customers and deliver attractive returns to our stockholders,” said Intel chief executive officer...
Tags: Apple, Fundings & Exits, TC, Asia, South Korea, Enterprise, China, Tech, Intel, United States, Samsung Electronics, Seoul, Wall Street Journal, Flash Memory, Semiconductors, SK Hynix


Here's what 9 top CEOs have to say about systemic racism and inequality in America

General Motors CEO Mary Barra called for more investment in childcare and educational institutions that serve people of color and those from marginalized backgrounds. Chip Somodevilla/Getty Images JPMorgan's Jamie Dimon, Walmart's Dough McMillon, and other members of the Business Roundtable (an association of some 200 CEOs from many of America's largest companies), released a statement addressing racial inequity in America.  In the statement, some 16 CEOs spoke out about ineq...
Tags: US, America, Trends, General Motors, Walmart, Bank Of America, Intel, Mary Barra, Marriott, Jamie Dimon, Black, HBCUs, Sas, Jpmorgan, Arne Sorenson, Brian Moynihan


Intel Reorganizes In Wake of 7nm Woes; Chief Engineering Officer To Depart (slashdot)

FallOutBoyTonto shares a report from AnandTech: Coming in the wake of last week's disclosure that their 7nm yields are roughly a full year behind schedule, Intel this afternoon has announced that they are reorganizing the technology side of the company. Key to this change is that Intel is breaking up its monolithic Technology, Systems Architecture and Client Group (TSCG) into several smaller groups, all of which will report directly to CEO Bob Swan. Meanwhile Intel's chief engineering officer, D...
Tags: News, Intel, Raja Koduri, BeauHD, Josh Walden, Murthy Renduchintala, Bob Swan, FallOutBoyTonto, Ann Kelleher, TSCG, Randhir Thakur


Intel Reorganizes In Wake of 7nm Woes; Chief Engineering Officer To Depart

FallOutBoyTonto shares a report from AnandTech: Coming in the wake of last week's disclosure that their 7nm yields are roughly a full year behind schedule, Intel this afternoon has announced that they are reorganizing the technology side of the company. Key to this change is that Intel is breaking up its monolithic Technology, Systems Architecture and Client Group (TSCG) into several smaller groups, all of which will report directly to CEO Bob Swan. Meanwhile Intel's chief engineering officer, D...
Tags: Tech, Intel, Raja Koduri, Josh Walden, Murthy Renduchintala, Bob Swan, FallOutBoyTonto, Ann Kelleher, TSCG, Randhir Thakur


Intel's chief engineer is departing as the chip giant grapples with the fallout from a major production stumble (INTC)

Intel Chief Engineer Murthy Renduchintala is leaving the company, per a press release on Monday. The change comes after Intel announced that production problems have led to the delay of its next generation chips. The news caused Intel shares to fall sharply when it announced earnings last week. Murthy, who was a longtime president at Qualcomm, joined Intel in 2015 to help lead the company's bid to reclaim its dominance in the chip industry. Intel CEO Bob Swan announced changes to the Intel lea...
Tags: Apple, Trends, Tesla, Intel, Silicon Valley, Amd, INTC, Qualcomm, Shark Tank, Raja Koduri, Keller, Murthy, AMD Intel, Koduri, Renduchintala, Murthy Renduchintala


Intel's 7nm roadblock presents opportunity to AMD, Samsung, and TSMC

This story was delivered to Insider Intelligence Connectivity & Tech Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Connectivity & Tech industry with the Connectivity & Tech Briefing. You can learn more about subscribing here. Although Intel posted a healthy 20% year-over-year revenue gain in its Q2 2020 earnings released last week, the company also delivered a significant bit of bad news: Production of 7-nanometer (...
Tags: Samsung, Trends, Intel, Amd, TSMC, Wall Street Journal, Bob Swan, Mercury Research, Connectivity Tech, Insider Intelligence Connectivity Tech Briefing, AMD Samsung, Samsung Though Intel, TrendForce Intel


AMD rockets 17% to record high after rival Intel delays next-generation chips

Advanced Micro Devices shares surged as much as 17% to a record high on Friday after rival firm Intel announced its next-generation processors are delayed. AMD led the Nasdaq composite and S&P 500 through the session and now sits up 50% year-to-date. Intel's announcement marred an otherwise positive earnings report. The company beat estimates for revenue and profit, but the chip delay and weak guidance led investors to flee the stock. Intel's 7-nanometer chips won't reach products until late 2...
Tags: China, US, Trends, Intel, Amd, Nasdaq, Bernstein, Advanced Micro Devices, Mark Mobius, Bob Swan, Jason Tauber


Intel plunges 18% after saying its next-generation chips will come out 6 months later than expected (INTC)

Intel reported quarterly earnings on Thursday that beat Wall Street expectations for revenue and earnings per share. But the company also said the release of its next-generation chips would be delayed by six months. Shares of the company fell as much as 18% Friday.  The company also gave a weaker-than-expected third quarter guidance.  Watch Intel trade live on Markets Insider.  Read more on Business Insider.  Shares of Intel plunged as much as 18% Friday to $49.50 per share after the compan...
Tags: Wall Street, Trends, Intel, INTC, Donald Trump, Bernstein, Advanced Micro Devices, Bob Swan, Watch Intel, Jason Tauber


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning. Amazon invested in startups and gained proprietary information before launching competitors, often crushing the smaller companies in the process, according to the Wall Street Journal. The Journal spoke with startups who said Amazon made similar hardware and software products after purchasing stakes in the companies. Former Wirecard COO and fugitive Jan Marsalek appears ...
Tags: Apple, Amazon, Facebook, Europe, Elon Musk, UK, London, Youtube, Trends, Analytics, Intel, West, Hsbc, Donald Trump, Alexa, Law Society


Intel's 7nm is busted, chips delayed, may have to use rival foundries to get GPUs out for US govt exascale super

CEO Bob Swan suggests his chips may some day be TSMC-flavored Intel on Thursday reported second quarter sales of $19.7bn, up 20 per cent year-over-year, and still investors distanced themselves from its stock, which was down around 10 per cent in after-hours trading following the manufacturer's earnings report.…
Tags: US, Intel, Software, TSMC, Bob Swan


Intel's stock plunges 10% after the tech giant said production problems will delay its new chips (INTC)

Intel's shares tanked 10% late Thursday after the chip giant announced that production problems have delayed the rollout of its next generation chips. Intel CEO Bob Swan said the company found "a defect mode" in its manufacturing process which will push back its production schedule. Intel said the problem was related to its 7 nanometer process, referring to the manufacturing technology based on the line-width on chips. Intel historically led the way in producing smaller and less expensive proc...
Tags: Trends, Intel, Dell, Amd, Vmware, Zscaler, Gordon Moore, Moore, Bob Swan, SecureDrop Claim


Intel Delays 7-Nanometer Chips Until Late 2022 or Early 2023

During its second quarter earnings announcement, Intel today said that it has delayed the rollout of its 7-nanometer chips by six months, which pushes the release date to late 2022 or early 2023 (via Tom's Hardware). Intel's yields for its 7nm process are now twelve months behind its internal target. From Intel's earnings release:The company's 7nm-based CPU product timing is shifting approximately six months relative to prior expectations. The primary driver is the yield of Intel's 7nm proces...
Tags: Apple, Intel, Tom, Swan, Macs Apple, Intel Apple, Bob Swan, Tiger Lake, Alder Lake, Apple Silicon, Intel Delays