Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
Shares 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.
Former Intel ( INTC, Financials) Chief Executive Pat Gelsinger revealed that he has acquired shares of Nvidia ( NVDA, Financials) and other artificial intelligence-related stocks, citing recent advancements in AI model training.
Amid talk of "splits, saviors, and deals," Intel will deliver its first earnings report since Pat Gelsinger left as CEO.
DeepSeek’s open-source AI reasoning model, R1, has gained significant attention, briefly overtaking OpenAI’s ChatGPT in popularity. Former Intel CEO P
Ex-CEO of Intel, Pat Gelsinger, has come out praising China's new DeepSeek R1 model: also announces he's buying the dip with cheap NVIDIA shares.
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 new open-source AI model, R1, has gained significant attention, briefly surpassing ChatGPT in popularity. Former Intel CEO Pat Gelsinger has commended its impact, highlighting key lessons in computing: lower costs drive adoption,
Intel's future is uncertain after CEO's retirement, raising questions about potential split and financial advantage. Read more on INTC stock here.
Greener Pastures News of Chinese AI company DeepSeek's success continues to send ripples throughout the West, tanking Nvidia's stock valuation, spawning endless discourse, and embarrassing President Trump.