Intel CEO Pat Gelsinger on Bloomberg Studio 1.0

On the latest episode of Bloomberg Studio 1.0., Emily Chang speaks with Intel CEO Pat Gelsinger on the heels of his one year anniversary, about Intel's bold bets to bring semiconductor manufacturing back to the United States, and his vision to reshape the competitive landscape of the $500 billion chip industry.
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Like this video? Subscribe to Bloomberg Technology on KZbin:
/ @bloombergtechnology
Watch the latest full episodes of "Bloomberg Technology" with Emily Chang here:
• Bloomberg Technology W...
Get the latest in tech from Silicon Valley and around the world here:
www.bloomberg.com/technology
Connect with us on...
Twitter: / technology
Facebook: / bloombergtechnology
Instagram: / bloombergbusiness

[@miked3028]

"Do you STILL give away half of your money?" "Going up every year." Celebrities can give to charity once or twice. But, to give half of your income every year consistently, that is true charity. Most underrated comment.

[@prospectnyc]

What I respect about Pat is that he is honest about how far behind Intel is and how his plan is a long term plan (~5 years) to "catch up". It takes a lot for someone in his position to admit their company is behind - and as far behind as it is. I think they will be able to pull it off as long as someone this honest remains at the helm.

[@paultheacer269]

Yup now that intel is in his hands, their turnaround should be effective to the PC/Mobile market in 1-4 years

[@SirMo]

Editing and teasers in the middle of the video are really annoying. You don't need to tease me with stuff I'm in the middle of watching.

[@stevengelber2780]

He’s so intelligent and charming. Hope we have more such ceos in our big companies

[@gemini_537]

"Relationships more important than results" 👍

[@josephwong2832]

Pat looks great! good luck to Intel

[@whopoopdinmycar]

Good interview. Excited for investor day.

[@jhimelic]

great interview from emily. more content like this please.

[@fhowland]

As a shareholder I really hope he can turn it around …

[@augustus331]

I invest in Intel because I believe in the continuing, and growing geostrategic importance of its products. I don't buy for the stock price, but for its business-potential and cashflows.

[@bbs32]

I didn't realize Intel was that much behind. However, in the end of the 90s, it happened once. And Intel leveraged its tremendous market power and deep pocket that turned the things around in about 3-5 yrs. Maybe this will become a great comeback story :)

[@rem9882]

Great interview

[@andersoncavill4571]

Emily is a great journalist she asked the right question and she is very perceptive and polite this is a good video

[@kb8570]

Good interview.

[@MrTech0000]

Love this man!

[@Arc_Gamer_]

Pat FTW!

[@ahmadazharbinatalib7303]

Yes Sir thankyou so much all info

[@special-t-419onurbandictio9]

All in sync it's beautiful the performance is just pure class with all the planning and preperation, genius pure genius

[@augustus331]

Aside from healthy cashflows, Intel is my first big investment as a starting investor. This is, because I believe the geostrategic importance of chips will make governments pay into new advanced factories in both the US (Ohio, Arizona) and Europe (Italy, France, Germany)

[@hondusspa]

I think it’s an excellent pick for the long term and it is not my first pick but I’m in intel about 10% and have been considering aggressively bringing that even higher. I believe that in 10 year Intel will be a far larger company paying a far larger dividend.

[@__aceofspades]

Pat Gelsinger is exactly what Intel needed in a CEO. He's an engineer that wants to push the company forward and not rest on their laurels. In his first year he's delivered CPU's that beat AMD and Apple, he's gotten their foundries back on track and has a clear roadmap to surpass TSMC, he's gotten major players like Qualcomm and Amazon to prepay for Intel's new foundry services, he's moving the company into new very high revenue products- GPU's, Autonomous vehicles, foundry services. I am not an Intel investor, but as someone deep into this field, this clearly the start of Intel going back to greatness, greater than it ever was. I wouldnt be surprised if in 3 years their market cap doubles based on their already solid financials, being undervalued and new revenue streams.

[@Chryeon]

intel is just too late, Apple it's biggest customer has ran to TSMC for their M1 chip, now intel has fierce competitions and smaller customer based...

[@hondajacka2]

Intel CPUs are using up 2-3x more power to just match Apple’s CPU in performance.

[@BullyTecg]

@@hondajacka2 because they want to be powerful, thats why using more power. please understand

[@BullyTecg]

@@Chryeon not a big deal, fix cameras around apple employee houses and see what they are doing, that way you can chase them and eventually win over them and apple. i suggest this to any company which you think is late

[@hondajacka2]

@@BullyTecg They're more powerful by ~1% just to claim to be more powerful while using 2-3x more power.

[@VZ-ne9ut]

This whole channel and the quality of the content is just insane!

[@BullyTecg]

lol

[@danstar455]

He stopped stock buybacks. Kudos!!!

[@TPM188]

Intel CEO earned $178.5M in 2021, more than 1,700 times average company worker pay: SEC filing............It's just one year. For 5 years, hat will be a significant share of $5 Billion subsidies.

[@StonkManOMGOMG]

Good point...Let Chip manufactured in USA.

[@JeffreyFuCa]

It was a great interview. The host asks few very sharp questions. But Pat answers that really well.

[@jipark1301]

5:46 I dont understand what he saying; "when you got nowhere, we were 5 more miles". can anyone explain what this means?

[@BullyTecg]

only Pat knows

[@cyberearthYT]

Best as always

[@alfr3l]

Good person

[@EnronnSierra]

Wonderful interview. When he left for VMWare, I knew something was off and it turns out Intel went into a decline there after. I have pretty much switched to an Apple ecosystem. But, I might pick up an Intel based notebook this year. Waiting to see what Microsoft does with either the Laptop 5 or Studio Laptop 2.

[@prollejazz]

show me the money! --intel stock holder--

[@anmolagrawal5358]

Lol, his initial explanation is almost identical to the Talks at Google ver. some 7 years ago. Must have gave that part of the speech quite a number of times by now xD

[@BullyTecg]

nice to know

[@mckonal]

relationships are more important than results

[@hussienalsafi1149]

☺️☺️☺️☺️❤️❤️❤️❤️❤️

[@shanewestberg9660]

7:00

[@saes2715]

fr farm boy to intel ceo 🎉 sky is the limit w hardwork, brains, motivation

[@kchal0]

wallstreet really hates this company, i've been using this time to just build a large position here because long term their investments here on shore will definitely pay off.

[@Unknown-jl7mg]

talk the talk, or walk the walk.........

[@BullyTecg]

pomp pomp pomp pomp ..... "just sit on a terrace with a camera on, you will become the most successful ceo of any company": Astrologer from a tribal community in india

[@vampritt]

So this is the guy who made my socket 1700 cpu bent due to poorly designed socket?

[@BullyTecg]

oh so sorry about that, please chill out from balcony or a terrace, fun events happening there

[@michaelliu9724]

Design better chips!!!

[@bbs32]

tough guy

[@Nemesis1ism]

INTEL JUST LOST ME AND MILLIONS MORE. LETS GO BRANDON

[@alexsandrosschneidinger5215]

Sie sind neu ? CEO

[@hondusspa]

Intel is a “lagging company?”

[@BullyTecg]

why do you say so? i thought they have great buildings all over the world, infinite lives have been touched by what ever reasons, infinite support from local govts, what else do u need. just sit on terrace and enjoy your time, im sure, that can help your future :)

[@hondusspa]

@@BullyTecg oh it wasn’t a statement. It was a question to the people who claim Intel to be a lagging company. I am a proud shareholder and plan to continue to be.

[@atteycibab9904]

Intel short

[@arthuryen6767]

Pat talking too much, accomplished too little 👎

[@eyeofthetiger7]

He has literally just been CEO of Intel for a year. That's a conversation to be had in 3 years from now. Anyways, one of the most important things for a CEO is to establish culture in the company, and that requires communication.

[@arthuryen6767]

@@eyeofthetiger7 let's see 👀👀👀

[@arthuryen6767]

Taiwanese using 30/40 years to accomplish tsmc,pat want using 3 or 4 years to follow up,,,🤔@#$&？？？🤔 " I DON'T THINK SO"~ especial in US~ That's mission impossible for (Tom Cruise) ,,,, No for (Pat) AMD/CEO Lisa Su,,,,, Taiwanese NVDA/CEO Jensen Huang,,,, Taiwanese ,,,,,FYI👆

[@marvinvo6883]

Lol. Calling the guy who were lead engineer in designing intel 386/486 processors in his 20s under accomplished. U made me laugh lol

[@maungkyaw3519]

USA JANUARY 6TH IS REAL AMERICANS DEMOCRACY???????????????????????????

[@michaelschrago8107]

Interesting... He doesn't really understand Bitcoin, yet Intel is going to release a chip with 1000 × the hash rate of the Antminer.

[@eyeofthetiger7]

I think he does. Bitcoin is not good. Elon Musk has also said this, even though he loves to meme about crypto.

[@marvinvo6883]

Its call business. U make and sell products that peoples want then make profit. U dont have to be buyer of your own.

[@caesars7hills892]

Bitcoin is not good for the dollar…

[@sflxn]

He thinks Nvidia, Apple, AMD going to pause so Intel can lap them. At the pace those 3 are innovating, good luck Intel. Intel come out with something new every 6-10 years that is more than 5% faster. They do it every year.

[@Kitten_Stomper]

That was true for a while but look at the leap they just made with Alder Lake CPUs.

[@omarsabih]

No. He clearly stated in his keynote that his plan factors in AMD and others not losing a single heartbit.

[@cnhtol1586]

thanks for explaining why intel doesnt have largest market share for so long. Good luck being fanboy.

[@sflxn]

@@cnhtol1586 fanboy? I am a fan of making money. A fanboy is someone who keeps cheerleading for a company that doesn't go anywhere for 10 years. I work in the industry (and not for competitor) so I know why Intel has the largest marketshare. You have no clue why. You also have no clue why the stock isn't going up. I do. That is why I enjoy having bought AMD, Apple, and Nvidia in single digits. Enjoy your stagnant portfolio while cheerleading Intel. If you're not a fanboy, then you may just be clueless instead.

[@cnhtol1586]

@@sflxn I know this I know that lmao what a kiddo. Preferring apple over Intel. I mean you are not even trying. Grow up.

[@ha8290]

Pat wants to talk his way out of a tight spot, that won't work. you either have the stuff or you don't, Intel no longer has. They have been for ever late and delayed, Sapphire Rapids been delayed over and over, had to pay a fine to US government for it, their discrete graphic was supposed to be released this February, nothing yet, 7 nano meter was supposed to come out last year, not clear when it will be ready. He just keeps postponing everything into the far future and paints a super bright picture; gives himself an A minus! Instead of promising great things 5 years out why not just concentrate on fixing your manufacturing and staying within scheduled. The 'market' has no confidence in him, because he is not delivering, he is just BSing. Notice every time he talks the stock goes down. This super confident happy act does not produce chips, it only diminishes his credibility.

[@BullyTecg]

oh my god, oh my god, what are you saying? they havent released discrete graphics yet?? my neighbor owns a company and even she hasnt released stalking yet, stupid crap

[@WillR-Cincy]

Biden needs to learn about Capitalism

[@dr.flywheel5493]

I used to have a much more positive assessment of Gelsinger in the old days at Intel. Now he sounds just like a used car salesman--a pity. Note that he keeps talking about five years of service on numerous occasions. This is because Intel executives have been forced to retire at age 65, by company rules. From that perspective, Gelsinger is playing a very safe game for himself, since any results into the future will fall under another person's responsibility.

[@BullyTecg]

superb, excellent , amazing. seems like no one wants to take responsibility of intel's growth. btw ,who owns intel? intel takes responsibility of every living being on earth as per their fanboys

[@TheTayuLin]

This guy is cringe,watched him in many interviews, talking like a used car salesman, which these days means selling old crap more expensive than new one.

[@rameshpudhucode6862]

For third graders like you semiconductors may not be an appropriate topic. Too technical

[@jghgiroot6735]

@@rameshpudhucode6862 😂😂 honestly I was literally also wondering what on earth this comment is as well...

[@agentnoname329]

Your primitive cerebrum is probably incapable of understanding this topic. Pat was leading a CPU design team at 25....you spend your time posting verbal fecal matter online....most of us know which person to take seriously :).

[@TheTayuLin]

Apparently I’m not the only person thinks he sounded like used car salesman. Any anyone who speak highly of intel’s product for the past 10 years, including clowns over here, are against technology innovations.

[@AndrewMellor-darkphoton]

@@TheTayuLin He's a technocrat not a mba idiot and he using the Bezos technique of reinvesting all profits. So glad the other CEOs were fired.

[@josephtuang9775]

Great interview