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.”

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read