Intel CEO Is Tired of Wall Street Doubting His Comeback Plan
- Gelsinger says he’s ‘p---ed’ off at what he calls perma-bears
- A year into the job, CEO still sees ‘massive challenge’ ahead
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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 $500 billion chip industry, turn around its most iconic company, and change industrial policy in the U.S. and Europe -- at a pace he likes to call “torrid.”