Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 17 submissions in the queue.

Intel Engineering Chief Out After 7nm Product Delays

posted by Fnord666 on Wednesday July 29 2020, @03:46AM   Printer-friendly
from the golden-parachutes-are-not-for-enginners dept.

c0lo writes:

ZDNet

Intel is revamping its technology leadership in a bid to turnaround its manufacturing unit after announcing delays in its 7nm processes.

Last week, Intel said on its second quarter earnings report that its 7nm products would be delayed. Rival AMD is already on 7nm as is TSMC. Since Intel's earnings report and market cap hit, analysts have been speculating that the chip giant may leave manufacturing.

In other words, Intel needed to revamp its technology organization. Under Monday's reorg, Dr. Ann Kelleher will lead technology development. She had led Intel manufacturing. Kelleher will focus on developing 7nm and 5nm processes. Murthy Renduchintala, Intel's chief engineering officer, will depart Aug. 3.

Intel is also separating its Technology, Systems Architecture and Client Group unit into teams focused on technology development, manufacturing and operations, design engineering, architecture, software and graphics and supply chain.

Safe to say Intel will be best positioned to fire 3 executives at the next slippage - I guess that may make the stock rebound faster than firing a single one.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Intel Engineering Chief Out After 7nm Product Delays | Log In/Create an Account | Top | 31 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 0, Funny) by Anonymous Coward on Wednesday July 29 2020, @04:29AM (3 children)

    by Anonymous Coward on Wednesday July 29 2020, @04:29AM (#1027995)

    Intel invested 300 million dollars in diversity initiatives, so that will undoubtedly pay off any day now to regain the position of market leadership. [nytimes.com]

    Starting Score:    0  points
    Moderation   0  
       Troll=1, Funny=1, Total=2
    Extra 'Funny' Modifier   0  
    Total Score:   0  

  • (Score: 3, Funny) by Anonymous Coward on Wednesday July 29 2020, @04:57AM (1 child)

    by Anonymous Coward on Wednesday July 29 2020, @04:57AM (#1028005)

    Here's how to fix things. [theonion.com]

    • (Score: 2) by arslan on Wednesday July 29 2020, @06:14AM

      by arslan (3462) on Wednesday July 29 2020, @06:14AM (#1028021)

      hahaha! this is gold. The amount of puns and innuendos.

  • (Score: 1) by snmygos on Thursday July 30 2020, @12:08PM

    by snmygos (6274) on Thursday July 30 2020, @12:08PM (#1028556)

    "And yet, even with fewer qualified female and minority candidates for jobs at the company, Intel says it can do more to recruit employees from those groups."

    Until now Intel hired the best engineers available (without consideration to race, gender, size of nose and others things). Now they will hire people based on these criteria. That will change their fate for sure.