Intel's fired CEO says he has a hunch when the chipmaker's downfall began

Intel's former CEO Pat Gelsinger believes the company's decline started years before his 2021 return. He stated that major technical decisions should not be driven solely by financial analysis. Previous leadership teams lacked the necessary technical background for crucial industry transitions. The company returned significant funds to shareholders while neglecting essential investments. Gelsinger highlighted geopolitical risks impacting global semiconductor manufacturing operations.