This is what happens when you put an engineer in charge of a tech company: he will hire the right persons, and drive the company in the correct direction. Gelsinger, Su, Huang, Nadella, they all have this in common: they are engineers, so their understanding of the market isn't based on financial projections, it's based on knowing what the next "big thing" is going to be. And to know what it will take to make sure that they get on board and don't miss the boat. Who to hire, what to prioritize. Let the CFO worry about pleasing the stockholders, the CEO should be the man with the vision and also the understanding of the products their company should be investing in.Gelsinger has a lot of work to catch up with Lisa Su (AMD) and Jensen Huang (nVidia)... I would add that Cristiano Amon has a big part to play as well..
Nadella is another great example here. Replace Balmer (the salesman) with Nadella (an engineer). And suddenly, Azure becomes a serious thing, while under Balmer Microsoft were very close to leaving that market all to Amazon and Google. Like they left the mobile market to Apple and Samsung/Google.
On the GPU front, Arc was pretty impressive for a first gen product. Heck, their tensor core performance was pretty much a match for AMD's second gen tensor cores in terms of raytracing performance. Battlemage will be a very interesting product if they can keep iterating on the current tech.