"Gelsinger said the market will have less demand for dedicated graphics cards in the future."

(from: https://www.techspot.com/news/105407-intel-not-repeat-lunar-...)

Gelsinger apparently agreed with you. However, the market very clearly has enormous demand for discreet GPUs. Specifically for AI workloads (not PC gaming).

If I was on Intel's board I would've fired him for this statement. The demand for GPUs (parallel matrix processors with super fast local memory) is NOT going to go down. Certainly not in the next five to ten years!

I know Intel makes a lot of things, has a lot of IP, and is involved in many different markets but the fact that they're NOT a major player in the GPU/AI space is their biggest failure (in recent times). It's one of those things that should've been painfully obvious at some point in 2022 and here we have Gelsinger saying just a few months ago that somehow demand for AI stuff is just going to disappear (somehow).

It's magic hand waving like this that got him fired.