Bloomberg Businessweek
Bloomberg Technology Special: Intel CEO Pat Gelsinger
Oct 31, 2024
Pat Gelsinger, CEO of Intel, dives deep into the company’s latest earnings and future strategies, highlighting their comeback amid fierce competition from NVIDIA and AMD. Joined by Tom Giles, Ian King, and Joanne Feeney, they discuss Intel's dual role in AI chip manufacturing, the impact of the CHIPS Act, and ongoing restructuring efforts. The conversation also touches on the excitement around Intel's Foundry business and the challenges of funding in the evolving tech landscape, showcasing a hopeful outlook for recovery and innovation.
27:07
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Quick takeaways
- Intel is grappling with a challenging market and is implementing significant cost-cutting measures, including headcount reductions and restructuring efforts.
- The competitive landscape in the AI chip sector is fierce, with Intel needing to enhance its product roadmap to regain share against rivals like NVIDIA and AMD.
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