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Bill Gates: ‘Intel lost its way’

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Bill Gates was once the embodiment of the computer industry. Though the co-founder and former CEO of Microsoft retired over a decade ago to pursue full-time philanthropy, people still listen when he talks — and in a recent interview, he talked about Intel. Intel is having a rough time of late. The chipmaker’s stock is practically in freefall. It’s had high-profile failures for its most powerful CPUs, and rivals AMD and especially Nvidia are kicking its silicon butt in the AI arms race. In December, the company’s CEO Pat Gelsinger stepped down after working for Intel on-and-off for decades. Yeah, it’s bad. Intel is also one of Microsoft’s most important partners, so it’s no surprise that the company’s woes came up in an interview with the Associated Press. “I am stunned that Intel basically lost its way,” Gates said. “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. I thought Pat Ge...