Andrew Grove
Andrew Grove
Andrew Stephen "Andy" Grovewas a Hungarian-born American businessman, engineer, author and a science pioneer in the semiconductor industry. He escaped from Communist-controlled Hungary at the age of 20 and moved to the United States where he finished his education. He was one of the founders and the CEO of Intel Corporation, helping transform the company into the world's largest manufacturer of semiconductors...
average beginning ceo craig developing intel reach ready scope share since third
I am ready and Craig is ready. I have been CEO for 11 years. Intel has been around 30 years. I'm the third CEO, so I've had more than my average share of tenure. Craig has been developing his capabilities and his scope and reach ever since the beginning of this decade.
average beginning ceo craig developing intel reach ready scope share since third
I am ready and Craig is ready, ... I have been CEO for 11 years. Intel has been around 30 years. I'm the third CEO, so I've had more than my average share of tenure. Craig has been developing his capabilities and his scope and reach ever since the beginning of this decade.
acceptance delighted excellent originally pcs pro produced quarter stronger third
We are delighted with the excellent acceptance of Pentium and Pentium Pro processor-based PCs and servers, which has produced a stronger third quarter than we had originally expected.
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Craig has been developing his capabilities, scope and reach. He's been chief operating officer for five years, president over a year and he's ready,
millions twice
I will take any kind of developments so long as those tens of tens of millions become twice as many.
demand expect period snap state
I don't expect the end demand to snap back, ... We are in this state for some period of time.
downs growth increasing industry steadily ups
I don't know that you can say it's over, but our industry has its ups and downs superimposed upon a steadily increasing growth curve.
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This was a disappointing quarter. The PC industry seems to have gotten ahead of itself, building more product than end-customers purchased,
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New market segments, from the basic PC to high-performance workstations and servers, offer growth opportunities for Intel,
apartments currency excessive executives issue options red stock whatever
Stock options are a red herring, ... The issue is excessive compensation for executives in whatever currency is used -- stock, money, apartments and whatever else.
beginning
The beginning of the end? I wouldn't be so optimistic.
correction industry inventory led prepared quarter rapid second shipments strong transition
Strong microprocessor shipments in the first quarter led to some inventory correction in the second quarter as the industry prepared for a rapid transition to processors with MMX technology,
companies cut investment middle moved players recovery stuck technology
We are in the middle of a very important technology cycle, ... The companies who cut back on investment now, when the recovery comes, will be stuck with 8-inch capacity...compared to other players who moved to 12-inch.
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Demand for the Pentium processor with MMX technology and the Pentium II processor is strong and we are ramping production at a record rate.