Gelsinger had a long term realistic plan. He was out around 11 months ago. You can't magic a new GPU in that timeframe - those projects have 3+ years pipelines for CPUs. I assume GPU will be a bit shorter, but not that much.
Whatever happened with new products today must've been started before he left.
Makes me wonder whether Gelsinger put all this in motion, or if the new CEO lit a fire under everyone. Kinda a shame if it's the former...