· 2d · on MSN
Former Intel CEO Pat Gelsinger is already using DeepSeek instead of OpenAI at his startup, Gloo
Ex-Intel CEO Pat Gelsinger's startup chose China's DeepSeek instead of OpenAI
· 2d · on MSN
Intel's former CEO says the market is getting DeepSeek wrong after AI-chip-stock rout
Stocktwits on MSN9h
Intel Stock Holds Steady Ahead Of Q4 Earnings As Investors Look For Clarity On Acquisition Rumors, Pat Gelsinger Succession: Retail Remains CautiousShares of Intel Corp. (INTC) were in focus on Wednesday ahead of the chipmaker’s fourth quarter results, which are scheduled for Thursday after the bell. Intel's stock price fell nearly 0.2% during mid-day trade.
Amid talk of "splits, saviors, and deals," Intel will deliver its first earnings report since Pat Gelsinger left as CEO.
Former Intel CEO Pat Gelsinger has gone further on his DeepSeek commentary, saying in a post on LinkedIn that he has purchased shares of Nvidia and other AI-related stocks due to the development. Read more here.
Intel is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also CEO of Intel Products. The company is still searching for a permanent CEO to take the reins and attempt to revitalize the storied chipmaker.
DeepSeek’s achievement is a big step forward in the world-changing advances of technology, regardless of who wins or loses
"The market reaction is wrong, lowering the cost of AI will expand the market," Gelsinger said on social media. "Today I am an Nvidia and AI
Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.
Intel's future is uncertain after CEO's retirement, raising questions about potential split and financial advantage. Read more on INTC stock here.
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