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Bloomberg Technology

Bloomberg Technology Special: Intel CEO Pat Gelsinger

Oct 31, 2024
In this insightful discussion, Pat Gelsinger, CEO of Intel and a seasoned tech leader, shares his vision for revitalizing the semiconductor giant. He discusses Intel's strategic overhaul and the challenges of competing in the AI chip market. Joining him are Tom Giles, Ian King, and Joanne Feeney, who delve into Intel's financial performance, potential acquisitions, and the impact of the CHIPS Act amidst political uncertainty. The conversation highlights Intel's recovery efforts and partnerships that could shape future growth in this evolving industry.
27:07

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Quick takeaways

  • Intel is facing a strategic shift, including significant workforce reductions, aimed at regaining stability after recent financial struggles.
  • The company's Gaudi AI accelerator has struggled to gain traction, highlighting the urgent need for innovation in a competitive AI market.

Deep dives

Investing in AI: Opportunities and Challenges

Artificial intelligence has become a focal point for stock market activity, yet the leading companies in this sector are privately held. This creates a challenge for investors seeking exposure to the AI trend, as they must navigate limited investment options. However, industry experts highlight the importance of focusing on firms that are publicly traded and advancing in AI technologies, as these may indirectly reflect the broader growth of the sector. Understanding which public companies are integrating AI into their offerings could provide clearer pathways for investment moving forward.

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