Intel is finally on the right track again.
That’s the biggest takeaway of the first year of the company’s reboot, brought on by its new CEO Pat Gelsinger when he took over the reins in early 2021. Intel has a new vision for the future: its “IDM 2.0” approach. Its introduction was exactly a year ago today. That makes today a great time to check in and see how the new Intel — which looks a lot like the old Intel — is shaping up.
Intel’s past decade or so prior to its recent reinvention was a series of misplaced bets and product misses, culminating in a disastrous summer in 2020 that saw nearly everything go wrong for the company: another delay for its next major manufacturing node, departures of top executives, and the loss of one of its most premium partners all struck within a few weeks of each other.
