Pat Gelsinger became chief executive of Intel back in 2021 with the aim to turn the company around and regain process technology and product leadership over several years. He was ousted in late 2024 before the job was done, but he remains strongly supportive of the company's mission, so he wants to see the new CEO — Lip-Bu Tan — to finish what he started, he said in an interview with CNBC.
"I was committed to and wanting to finish that story on the revitalization of Intel and with the board, the company, and now with Lip-Bu's leadership, you are really cheering them on to finish, because the role that Intel plays in the semiconductor industry is critical and one that's important not just for the industry but for the U.S., so I could not be more supportive of the team and Lip-Bu to finishing their journey," said Pat Gelsinger.
