Intel Appoints Outsider Hotard to Head Crucial Data Center Unit

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Intel Appoints Outsider Hotard to Head Crucial Data Center Unit

Bloomberg01-04

Intel Corp. appointed Hewlett Packard Enterprise Co. executive Justin Hotard to head its data center and artificial intelligence group, bringing in an outsider to run a division crucial to the ...

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Mr. T
·01-04
Not sure this was the best move tbh. Let's see how it goes in the next 3 months
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Let's see how it goes in the next 3 months&nbsp;","listText":"Not sure this was the best move tbh. Let's see how it goes in the next 3 months&nbsp;","text":"Not sure this was the best move tbh. Let's see how it goes in the next 3 months","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259478816890936","repostId":2400801328,"repostType":2,"repost":{"id":"2400801328","pubTimestamp":1704331980,"share":"https://ttm.financial/m/news/2400801328?lang=&edition=fundamental","pubTime":"2024-01-04 09:33","market":"us","language":"en","title":"Intel Appoints Outsider Hotard to Head Crucial Data Center Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2400801328","media":"Bloomberg","summary":"Intel Corp. appointed Hewlett Packard Enterprise Co. executive Justin Hotard to head its data center and artificial intelligence group, bringing in an outsider to run a division crucial to the chipmak","content":"<html><head></head><body><p>Intel Corp. appointed Hewlett Packard Enterprise Co. executive Justin Hotard to head its data center and artificial intelligence group, bringing in an outsider to run a division crucial to the chipmaker’s turnaround efforts. </p><p>Hotard was responsible for HPE’s high-performance computing, AI and labs. At Intel, he’ll oversee some of the company’s most important products, including the Xeon server processors that were dominant in data centers, but have lost share to rival offerings and in-house efforts by customers. The former NCR and Motorola Inc. executive will also head up Intel’s efforts to cut into Nvidia Corp.’s lead in AI by overseeing its graphics and accelerator chip offerings, Intel said Wednesday in a statement. </p><p>A comeback in data center products is critical to Chief Executive Officer Pat Gelsinger’s plans to restore Intel to leadership of the chip industry. While data center chips are a relatively low-volume part of the industry, processors and accelerators can sell for tens of thousands of dollars each, making them enormously profitable. </p><p>Hotard, who will join Intel on Feb. 1, succeeds company veteran Sandra Rivera. Rivera began Monday as head of Intel’s programmable solutions business, which the company separated into a standalone unit. Intel said it intends to sell a portion of the business to the public within two to three years.</p><p>Separately, Intel announced that another executive from its data center unit, Arun Subramaniyan, had departed to run Articul8, a new AI company formed by the chipmaker and investors including DigitalBridge Group Inc. and Mindset Ventures.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Appoints Outsider Hotard to Head Crucial Data Center Unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Appoints Outsider Hotard to Head Crucial Data Center Unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/intel-appoints-outsider-hotard-head-215009932.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intel Corp. appointed Hewlett Packard Enterprise Co. executive Justin Hotard to head its data center and artificial intelligence group, bringing in an outsider to run a division crucial to the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/intel-appoints-outsider-hotard-head-215009932.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4579":"人工智能","BK4550":"红杉资本持仓","BK4588":"碎股","BK4515":"5G概念","BK4141":"半导体产品","BK4554":"元宇宙及AR概念","BK4535":"淡马锡持仓","BK4575":"芯片概念","BK4512":"苹果概念","BK4527":"明星科技股","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","INTC":"英特尔","BK4529":"IDC概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓"},"source_url":"https://finance.yahoo.com/news/intel-appoints-outsider-hotard-head-215009932.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2400801328","content_text":"Intel Corp. appointed Hewlett Packard Enterprise Co. executive Justin Hotard to head its data center and artificial intelligence group, bringing in an outsider to run a division crucial to the chipmaker’s turnaround efforts. Hotard was responsible for HPE’s high-performance computing, AI and labs. At Intel, he’ll oversee some of the company’s most important products, including the Xeon server processors that were dominant in data centers, but have lost share to rival offerings and in-house efforts by customers. The former NCR and Motorola Inc. executive will also head up Intel’s efforts to cut into Nvidia Corp.’s lead in AI by overseeing its graphics and accelerator chip offerings, Intel said Wednesday in a statement. A comeback in data center products is critical to Chief Executive Officer Pat Gelsinger’s plans to restore Intel to leadership of the chip industry. While data center chips are a relatively low-volume part of the industry, processors and accelerators can sell for tens of thousands of dollars each, making them enormously profitable. Hotard, who will join Intel on Feb. 1, succeeds company veteran Sandra Rivera. Rivera began Monday as head of Intel’s programmable solutions business, which the company separated into a standalone unit. Intel said it intends to sell a portion of the business to the public within two to three years.Separately, Intel announced that another executive from its data center unit, Arun Subramaniyan, had departed to run Articul8, a new AI company formed by the chipmaker and investors including DigitalBridge Group Inc. and Mindset Ventures.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":6,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}