Arm CEO Rene Haas shared his thoughts on the challenges facing Intel, the iconic chipmaker that has struggled in recent years. Haas expressed sadness at Intel’s struggles and acknowledged the company’s tradition as a “powerhouse of innovation.” He also praised Pat Gelsinger, who recently stepped down as CEO of the company but questioned its strategy.
When asked what should happen to Inter, Haas said, “It’s sad to see what’s happening from the perspective of Inter as a symbol,” according to The Verge.
“Intel is a powerhouse of innovation, whether it’s in computer architecture, manufacturing technology, PC platforms, or servers. So it’s a little sad to see the problems that Intel is facing. But at the same time, it’s important to understand that our industry… But we have to innovate,” he said.
Mr. Haas talks about Intel’s strategy
On Intel’s efforts, he said Intel’s biggest challenge is deciding whether to go vertically integrated, managing the entire chip manufacturing process from design to manufacturing, or to adopt a fabless model, which focuses on outsourcing design and manufacturing. He said that there is.
“To be honest, I think that’s the fork in the road that we’ve faced over the last 10 years. And (former Intel CEO) Pat (Gelsinger) has been very clear that vertical is the path to victory. He had a great strategy,” Haas said.
“In my opinion, when he implemented that strategy in 2021, it wasn’t a three-year strategy. It was a five- to 10-year strategy,” he added.
However, Haas emphasized the importance of continued innovation in the technology industry, noting that many once-great companies failed to adapt and ultimately withered.
Mr. Haas, on the other hand, expressed a personal bias against vertical integration.
“Now that he’s gone and we have a new CEO, that’s the decision we have to make. My personal bias is that vertical integration can be very powerful, and if you get it right, you’ll be amazed. “But it may be too big a hill to climb because the costs involved are so high,” he added.
Pat Gelsinger served as Intel’s CEO from February 2021 to December 2024.
