Intel Corporation, once a leader in the semiconductor industry, is now struggling to stay competitive, and Microsoft co-founder Bill Gates might not be that optimistic about its future.
Earlier this month, Gates expressed his disappointment over Intel's decline, saying he was "stunned" by how the company "lost its way" in chip design and manufacturing.
"Gordon Moore always kept Intel at the state of the art. And now they are kind of behind in terms of chip design and they are kind of behind in chip fabrication," Gates said.
Intel, which dominated the PC era, missed the shift to smartphones nearly two decades ago and has since struggled to keep up with rivals like AMD and Nvidia. The company failed to capitalize on the AI chip boom, weakening its industry position.
"They missed the AI chip revolution, and with their fabrication capabilities, they don't even use standards that people like Nvidia and Qualcomm find easy," Gates added.
The tech billionaire also reflected on Intel's leadership shake-up following the sudden departure of CEO Pat Gelsinger in December. "I thought Pat Gelsinger was very brave to say, ‘No, I am going to fix the design side, I am going to fix the fab side.' I was hoping for his sake, for the country's sake, that he would be successful," Gates said.
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