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Pat Gelsinger, former Intel CEO who was ousted by board after disastrous performance earlier this year, recently shared his views on Nvidia’s decision to manufacture its most advanced AI chips – Blackwell in Arizona, US. Sharing a post on X (formerly known as Twitter), Gelsinger applauded the company stating that he is “pleased to see…
Intel is back in profit. The chip giant snapped its losing streak of six straight quarterly losses and returned to profitability in the third quarter. The American chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026. This is Intel’s first earnings report since the Donlad Trump administration acquired…
Intel’s fired CEO Pat Gelsinger recently blamed long-term structural issues for the chipmaker’s failure in the AI race. Speaking on CNBC’s Squawk Box recently, Pat Gelsinger remarked: “Intel made a set of bad decisions over 15 years,” adding “[We] lost technical leadership, wasn’t led by technologists for many years and we were late on AI…
Intel’s fired CEO Pat Gelsinger has cautioned that the ongoing surge in artificial intelligence (AI) spending resembles the early days of the internet boom. Speaking with The Business of Platforms Network earlier this month, Gelsinger said: “We’ve seen this before”, adding “Look at all the optical companies in the early days of the internet. Everything…
