The Times of India Reputable source
Pat Gelsinger, former Intel CEO, believes the chipmaker's decline started years before 2021 due to leadership and technical missteps
Overall sentiment: Very negative
Open original · TOI Tech Desk / TIMESOFINDIA.COM / Jul 20, 2026, 08:00 IST
Published Jul 20, 2026 · Retrieved Jul 20, 2026
business technology politics
- Pat Gelsinger says Intel's decline began years before he returned as CEO in 2021 Newsworthy Reliable Very negative
- Gelsinger criticizes Intel's prior leadership for lacking technical expertise, naming non-engineers as CEOs Newsworthy Reliable Very negative
- Intel returned $79 billion to shareholders from 2015 to 2020, a capital allocation Gelsinger questions Newsworthy Reliable Negative
- Gelsinger states major technology investment decisions should be technology-driven, not spreadsheet-based Relevant Reliable Positive
- Intel shares rose after US government acquired about 10% stake under President Donald Trump Relevant Reliable Positive
- Nvidia bought over $5 billion in Intel shares, gaining roughly a 4% stake Relevant Reliable Positive
- Gelsinger warns geopolitical risks in Taiwan could cause a 90-day chip production shutdown with huge economic impact Relevant Reliable Very negative
Type: standard news · Analysis confidence: 95%
Used in syntheses
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- Samsung Electronics America cuts 739 jobs relocating HQ to Texas • TSMC accelerates $265B Arizona expansion amid AI chip demand • Samsung Biologics bids $1.8B for PolyPeptide • Micron shares fall 30% despite record AI-driven revenue • ASML stock up 60% in 2026, nearing €1 trillion valuation • Intel lowers FY2026 EPS forecast while advancing AI manufacturing • UFC's Alexandre Pantoja aims for flyweight title rematch after injury • NVIDIA leases 27,600 sq ft office in Washington D.C.
- Erste Group lowers Intel FY2026 EPS forecast to $0.67 • Intel beats Q1 estimates with $0.29 EPS and 7.4% revenue growth • Begins High-NA EUV deployment for 18A Core Ultra Series 3 • Accelerates 18A mass production and 14A development • Ex-CEO cites pre-2021 leadership flaws • Intel stock volatile with 150% YTD gain and recent 13.5% drop • Analysts hold mixed price targets from $30 to $200