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Intel Itanium finally makes a profit

Posted on Friday, November 20 2009 @ 04:55:39 CET by

Intel's former server head Pat Gelsinger revealed in an interview with NY Times that the chip giant's Itanium business finally started turning a profit, after nearly a decade of losses:
According to the New York Times, former head of Intel's server chip business, Pat Gelsinger, said the Itanium business was "now profitable," some ten years and ten billion dollars of investment down the line.

Gelsinger, who recently left the Intel to become president of EMC's infrastructure products group admitted the oft mocked Itanium had been "a challenge," but he said it had finally clawed its way into the black during Gelsinger's final few months at the firm.

Not that a few months of profitability is about to make up for the decade of hurt Intel suffered from its little server chip that couldn't.



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