Former Intel CEO Pinpoints Start of Chipmaker's Decline

Former Intel CEO Pat Gelsinger believes the company's decline began years before his 2021 return, attributing it to major technical decisions being driven solely by financial analysis and a lack of necessary technical expertise in previous leadership.

20 Jul, 02:30 — 20 Jul, 02:30

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Times of IndiaMostly Factual29d ago

Intel's fired CEO says he has a hunch when the chipmaker's downfall began

Intel's former CEO Pat Gelsinger believes the company's decline started years before his 2021 return. He stated that major technical decisions should not be driven solely by financial analysis. Previous leadership teams lacked the necessary technical background for crucial industry transitions. The company returned significant funds to shareholders while neglecting essential investments. Gelsinger highlighted geopolitical risks impacting global semiconductor manufacturing operations.

By TOI TECH DESK

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Former Intel CEO Pinpoints Start of Chipmaker's Decline

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Intel's fired CEO says he has a hunch when the chipmaker's downfall began

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