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The Latest Breaking News from Patrick Gelsinger

Ex-Intel CEO Pat Gelsinger says 'of course' we're in an AI bubble but it won't end 'for several years'

'We're hyped, we're accelerating, we're putting enormous leverage into the system.'

PC Gamer

Former Intel CEO Pat Gelsinger confirms the industry is in an AI bubble, but that a pop could be several years away — 'We’re displacing all of the internet and the service provider industry as we think about it today'

The former CEO says that we're in an AI bubble, but technological developments in AI efficiency will prevent it from bursting, at least in the near future.

Tom’s Hardware

Former Intel CEO Pat Gelsinger Slams CHIPS Act Rollout, Says Trump Administration's Stake Only Matters If It Builds And Fills Fabs

Former Intel Corp (NASDAQ:INTC) CEO and current Playground Global general partner Pat Gelsinger criticized the slow rollout of the CHIPS Act, arguing that the U.S. government's new stake in Intel only matters if it results in more semiconductor fabs being built and filled across America.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

I got to see Intel Panther Lake up close this month, and it is the most important product Intel has ever produced

Intel announced its next series of processors, the Core Ultra series 3, this week, but I got a close up look at these new chips in Arizona ahead of the announcement. Here's what I saw.

TechRadar

Former Intel CEO Pat Gelsinger Addresses Concerns Around AI Boom Mirroring Early Internet Mania: 'No Change For The Next Two, Three, Four Years But..'

Former Intel Corp. (NASDAQ:INTC) CEO Pat Gelsinger has said the current wave of artificial intelligence investment and vendor financing bears similarities to the early internet boom — but predicted real technological transformation before the end of the decade.

Benzinga

Intel just got $5.7B from the US government — but Trump could block foundry spinoff

The US now owns 9.9% of Intel and wants the chipmaker to retain control of its foundry business.

Windows Central

The US government now owns nearly 10% of Intel — here’s why it happened

The US government now owns nearly 10% of Intel after an $8.9 billion deal, combining CHIPS Act funding and national security grants — here’s why it matters for America’s chip strategy.

Windows Central

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TSMC Legend Morris Chang Once Branded Former Intel CEO 'Rude' Over 'Taiwan Is Not A Stable Place' — Today, Intel Struggles In The AI Landscape

Intel Corp's (NASDAQ:INTC) relationship with Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) soured years back — and it all traces back to comments that left TSMC's legendary founder unimpressed.

Benzinga

Trump’s changing stance on Intel's "conflicted" CEO Lip-Bu Tan sparks talk of government stake in the chipmaker

A week after calling Intel’s CEO “conflicted,” Trump met with him. Now the U.S. is reportedly exploring a stake in the chipmaker.

Windows Central

Talks are reportedly underway for the US Gov. to take a stake in Intel, and its share price has already jumped 7% in response

My, how the turntables have... turned.

PC Gamer

Intel Stock Trends, Jumps 4.5% After Hours As Analysts Digest Trump Administration's Potential Investment

Intel Corp. (NASDAQ:INTC) gained 4.48% in after-hours trading on Thursday after climbing 7.38% during the regular session, according to data from Benzinga Pro. The stock was seen trending among investors.

Benzinga

How once-iconic Intel fell into a 20-year decline

Its CEO is under fire. It has lost its edge. And it’s still the only U.S. company with the know-how to make leading-edge chips in America.

Fortune

Intel has just 18 months to 'land a hero customer on 14A' or its cutting-edge fabs are toast, says chip industry analyst

Tick, tock, the clock's a tickin'.

PC Gamer

'I do not subscribe to the belief that if you build it, they will come' says Intel's new CEO, calling past investments 'unwise and excessive'

Putting a stop to Gelsinger's 'bet it all' strategy.

PC Gamer

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Benzinga

Intel Eyes Aggressive 2026 CapEx Cuts After 'Excessive' Spending: 'We Will Build What Customers Need, When They Need It,' Says CEO Lip-Bu Tan

Intel Corp. (NASDAQ:INTC) is signaling a dramatic shift in its capital expenditure strategy, with plans for aggressive cuts in 2026, as CEO Lip-Bu Tan pledges to prioritize demand-driven investments over what he describes as “unwise and excessive” spending of the past.

Windows Central

Intel plans to layoff 24,000 employees in 2025 — it will also pull back from several projects including some in Germany, Poland, and more

Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects in Germany, Poland, the United States, and more.

Windows Central

Intel’s former CEO speaks out — "I wanted to finish what I started"

Former Intel CEO Pat Gelsinger says he wasn’t allowed to finish what he started and suggests the company forced him out before his turnaround was complete.

Tom’s Hardware

Ex-Intel CEO Pat Gelsinger gives Japan's new leading-edge chipmaker advice, says Rapidus needs unique tech to compete with TSMC

Rapidus plans to produce 2nm chip production with integrated packaging by 2027, but ex-Intel CEO Pat Gelsinger cautions that it needs unique technology to compete with TSMC.

Get all your
news in one place.

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Benzinga

From Power-Hungry AI to Energy Saver: Snowcap's $23M Move to Revolutionize Computing

Snowcap Compute, a semiconductor startup developing superconducting AI chips, announced a $23 million seed round on Monday. According to Reuters, the company is backed by Playground Global and led by former Intel CEO Pat Gelsinger, who will also serve as board chair.

PC Gamer

Former CEO Pat Gelsinger reveals he was 'not given the opportunity' to finish his job at Intel as he predicts the future of computing will be a 'trinity' of traditional, AI and quantum machines

'The decision to step down from Intel was an extremely difficult one.'

PC Gamer

Intel admits it doesn't have any 'significant' commitments from customers to make advanced chips in its fabs

That all-important 18A node has yet to convince the likes of Nvidia or AMD to jump onboard.

PC Gamer

Intel Arc Celestial discrete GPUs have hit pre-silicon validation and that makes me a little more hopeful for their eventual launch

Though validation could take a while.

PC Gamer

Intel will reportedly fire fully 20% of its workforce and focus on 'engineering', a plan that sounds all too familiar at this point

New CEO, same old staff cuts?

International Business Times

Intel To Cut Over 21,000 Jobs As New CEO Reshapes Company Strategy: Report

The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already cutting 15,000 jobs in August 2024.

Tom’s Hardware

Pat Gelsinger turns to particle accelerators for a new way to make chips, joins xLight

Pat Gelsinger is back in the semiconductor game with xLight, a company that plans to make an EUV light source using a collider.

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