Intel CEO is tired of Wall Street doubting his comeback plan


As Intel CEO Patrick Gelsinger steers the chipmaker back to its good old days, he is being tested by investors who don't seem as impressed. — Bloomberg

Intel Corp. Chief Executive Officer Pat Gelsinger, who took the job in February 2021, gives himself an A- grade for his first year running the chipmaker. Investors are proving to be tougher graders.

No one is faulting the 60-year-old’s energy level and ambition. But he’s trying to reshape the competitive landscape of the US$500bil (RM2.09tril) chip industry, turn around its most iconic company, and change industrial policy in the US and Europe – at a pace he likes to call "torrid.”

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