‘The geek is back' declares Intel's CEO [Fortune]
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Source: Fortune
In February, CEO Patrick Gelsinger took on the job of “turning around an icon; the company that put ‘Silicon' into Silicon Valley,” Gelsinger said at conference in Half Moon Bay, Calif., on Wednesday. Now, “do that in the middle of a pandemic, in the middle of a global semiconductor shortage, and in the context of a geopolitically unstable situation—that's a big job,” he said. Gelsinger returned to Intel, where he , to work towards returning the tech giant to a leading position in the marketplace, he said. “Over a 10-year period, the company got into a bad spot,” he explained. That included shuttering process technology and losing its sense of culture, Gelsinger said. To get back on track, Intel had to return to its roots as a “data-driven, engineering and technology-centric company,” he said. “As I like to call it, the geek is back,” Gelsinger commented. “We've brought in key technology leaders, revised and rolled out values again, and radically increased our capital budget, so [w
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