Bill Gates, co-founder of Microsoft, has expressed his concerns about Intel’s recent struggles in the computer industry. In a recent interview, Gates stated that Intel “basically lost its way” by missing the AI chip revolution and failing to adapt to industry standards.
The company’s CEO Pat Gelsinger stepped down after decades with Intel, citing his commitment to fixing the design and fabrication sides of the business. Despite some positive developments in desktop and laptop chips, as well as new discrete GPUs, Intel’s profit margins are limited by its focus on budget PC gaming.
Gates’ comments highlight Intel’s declining market power and its struggle to compete with rivals AMD and Nvidia in the AI arms race. While Intel is not in immediate danger of collapse, its decline marks a significant shift in the industry.
The company’s recent stock price surge has been attributed to rumors of an acquisition, which would have been unimaginable just a few years ago. However, this development does not address the fundamental issues facing Intel and the broader chip industry.
Source: https://www.pcworld.com/article/2600856/bill-gates-says-intel-lost-its-way.html