Intel, which is one of the biggest names around the world when it comes to describing the word of technology, does feel that they are going to lose a lot of market share in the year of 2023. These words are coming from the mouth of Intel CEO Pat Gelsinger, who seems to be a very realistic person. Gelsinger, who has been one of the key persons behind the growth of Intel, feels that a person has to work hard for taking the next step forward. Hence, it does allow people to make changes in the market and hope for the best in many different ways. intel weiss intel nvidiaalcorntomhardware.
This does tell the fact that how the Information technology world is changing. Other than Apple, every laptop and mobile brand needs the backing of Intel for making the best look possible. It does make them ahead of many. Weiss intel nvidiaalcorntomhardware.
This shakeup is not the end of Intel as they have more than one way to skin a cat. This is why a person can see them always ahead of time for making things look creative at the very best. In this brick-and-mortar world, one needs to have the plan that can work for many people. Same is the case with Intel as growing with time, one needs to have a plan that can do wonders. INTC stock price today per share.
“We do expect that overall our data center business grows every year as we go forward. From where we are, as we said, Q2, Q3 the bottom. But we believe that we’re still losing share at least through next year,” Gelsinger said.
These words do show the fact that how things are changing for a mega name like Intel, who do grow with the time over and over again. However even for Intel, it is hard to take every step with 100 per cent accuracy. Intel weiss intel tomhardware.
This does not mean that one has to feel worried that Intel is in decline as they have made investment in many start-ups and indeed without Intel, one can’t see things coming in or coming out for mega laptops and smartphones, leaving Apple.
“Competition just has too much momentum, and we haven’t executed well enough. So we expect that bottoming. The business will be growing, but we do expect that there continues to be some share losses. We’re not keeping up with the overall TAM growth until we get later into ’25 and ’26 when we start regaining share, material share gains,” Gelsinger added. Even for Intel, having too much competition is a sign of worry. History has shown Intel as a unicorn and when the competition gets bigger and better, it does open many lacunas that are very hard to fill.
Maybe a change at the level of CEO can work.Gelsinger is a great tech brain. However, sometimes a change does make an impact in many different ways. This is why it does show how crucial it is to grow up with the time and keep on having that magical touch which is there to love and learn.