Intel's former CEO pushed for the chip maker to buy Nvidia for $20 billion in 2005—the GPU company is now worth $3.5 trillion

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Andy built his first gaming PC at the tender age of 12, when IDE cables were a thing and high resolution wasn't. After spending over 15 years in the production industry overseeing a variety of live and recorded projects, he started writing his own PC hardware blog in the hope that people might send him things.

As some hockey player once said,"you miss 100% of the shots you don't take". Or in Intel's case, you miss out on buying a company that's currently, detailing how Paul Otellini, Intel's chief executive from 2005 to 2013, presented the board with an idea to buy a little computer graphics company called Nvidia.

Given some of the reveals here about Intel's corporate culture , it's perhaps no surprise that Intel was slow on the draw with this sort of future planning. Intel executives reportedly described the company as"the largest single-cell organism on the planet", a reference to the insular and single-minded corporate culture at the time.

But one aspect that keeps rearing its ugly head seems to be its approach to strategy and long-term planning, and potential acquisition deals that the company either turned down, or never bore fruit—particularly in regards to AI.in 2018, which at the time would have been a sizeable 15% share in the company. Now OpenAI is reportedly worth around $80 billion dollars, meaning that had Intel bought in, its investment would have multiplied in value by a factor of 12.

 

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