Intel’s CEO, Pat Gelsinger, has always excelled at being very clear about the steps that need to be taken to strengthen and improve his company’s position, which is still one of the biggest giants in the world in the technology sector and is the only company that designs and manufactures its own x86-x64 processors.

He also showed up stunning honesty When talking about Intel’s strategies and its plans in the short and medium term, something that, along with his extensive knowledge, has earned him the respect of the media. During the Evercore ISI TMT conference, Intel’s CEO gave some important details about how he sees the company’s future, as well as possible actions that could be taken.

First, it confirmed that it expects Intel losing market share to AMD during 2023and he says it’s because of the significant competition in the x86 CPU market right now. On the subject, Pat himself admitted that they did not finish well. These were his exact words:

“The competition is just having fun and we didn’t execute (-their plans and goals-) well enough. So we’re waiting for that bottom touch. Business will pick up, but we expect there will still be some losses in stocks. We are not keeping up with TAM’s overall growth until we get to 2025 or 2026, That will be when we start to restore participation, significant gains in participation ».

In short, Intel expects to return to the path of recovery between 2025 and 2026, i.e. expects to take AMD’s market share again from this data. The Sapphire Rapids processors, aimed at the general consumer market, will arrive in 2023, a significant delay that matches the idea that Par Gelsinger leaves us with when he says that they “didn’t execute well” on their plans.

On the other hand, the CEO of Intel also commented on it does not rule out the possible exit of the company from several markets if these cease to be profitable. He did not specify anything, but he made it clear that the giant is not going to stay “out of force” in a market that is not interesting from an economic point of view. We shouldn’t see ghosts where there aren’t any, it’s just a general comment and with all due respect, as the company ultimately strives for the profitability of its business. I say this because bells have been ringing about Intel’s possible exit from the graphics sector, something that has neither head nor tail.

In the ordinary consumer market things are looking better for Inteland this is mainly due to the success that this chip giant has had with the hybrid architecture that we have seen in the Alder Lake-S processors, which we know have high-performance cores and high-efficiency cores perfectly integrated in a single package.