r/technology
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u/geoxol
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Jan 13 '23
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Apple CEO Tim Cook to take more than 40% pay cut Business
https://apnews.com/article/technology-apple-inc-tim-cook-business-d056553b10120c4a968b562cb7ece5d239.1k Upvotes
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u/[deleted] Jan 13 '23 edited Jan 13 '23
Pat Gelsinger, and INTC as a whole, is fucking shit. Has been a turn-around story for the last 5 CEOs, it is garbage. I remember when going fabless became the rage and this fucking imbecile decided to double down on in-house foundries, a massively capex intensive segment that is winner-takes-all, and such winner being TSMC for now. It also takes decades to build and have a foundry operational. All this while INTC struggles to even fulfill ETAs on products because of in-house production issues
EDIT: INTC not INTL is the ticker, I messed up