On February 15, Intel will change its CEO. Bob Swan will be replaced by Pat Gelsinger.
Gelsinger was the director of VMware since 2012, and before that the president of EMC. It is noteworthy that he just started his career at Intel, having worked at the company for almost 30 years.
Intel assures that the change of director has nothing to do with financial performance, and in general the company will exceed the forecast for shares and sales made in October. The new financial report – for the entire 2020 – will take place on January 21. At the same time, Intel will share news about the transition to the 7nm technical process – supposedly there is a lot of progress here and there is something to boast about.
The biggest blow to Intel in recent years has been Apple’s move to its own M1 processors. According to rumors, the latter did not see the proper progress in Intel products and decided to change everything.