Pat Gelsinger, the architect of Intel's current revival strategy, which centers around contract chip manufacturing and the new 18A chip fabrication process to regain the edge that the chipmaker has lost, was booted from his apex role at Intel at the end of 2024. Now, Gelsinger seems to have found a new abode, and that too, within the cutthroat VC industry. The word on the street is that Intel's former CEO was too "mild-mannered" to implement the sheer breadth of the layoffs that were required to cull the chipmaker's bureaucratic middle management. He is also reported to have opposed the […]
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