Pat Gelsinger warmly welcomed Intel's new CEO Chen Liwu and looked forward to him continuing to write "Intel's "revitalization" story, and he warned Intel's new CEO to be wary of Wall Street's "short-termism" approach, saying it would beA huge challenge.

Gelsinger's arrival at the helm of Intel in 2021 marked the beginning of a shakeup of the company, particularly the way the former CEO handled its foundry business. Unfortunately, he was unable to realize his ambitions as he was ousted in December 2024 and replaced by Chen Liwu. Now, in an interview with CNBC, Gelsinger expressed optimism about the future of Intel's new CEO and gave him an update on what Wall Street can expect from him.

I am committed to and hope to complete the story of Intel's revitalization, and with the joint efforts of the board of directors and the company, there is nowThe leaders of Liwu hope that everyone will cheer for them and help him complete this cause. Because Intel plays a critical role in the semiconductor industry, which is important not only to the industry but to the United States, I am very supportive of this team andLi Wu completes their journey.

When asked about the reasons for Intel's decline in recent years, Gelsinger said that building a "next-generation technology fab network" requires huge investments that are simply unsustainable for Intel because Wall Street's expectations and the business norms established over the years cannot be met. Gelsinger still believes that his IDM2.0 strategy, which is to build a world-class leading wafer foundry, is still the right approach and will ensure a generous "capital return."


The former Intel CEO also criticized Wall Street's short-termist approach to the company, saying that radically changing a company in a limited period of time is not something Wall Street views favorably. What he's referring to here as short-termism may mean that Intel's priority should be to preserve the stock's value in the eyes of Wall Street, but that's completely inconsistent with Gelsinger's wishes and one of the reasons he was asked to resign.

Kissinger said that Intel's new CEO Chen Liwu will face challenges from Wall Street, but he hopes that Chen Liwu and the team can continue to make progress and continue to promote the IDM2.0 strategy launched during Kissinger's tenure.