Recode Decode, Hosted By Kara Swisher

Pat Gelsinger came back to turn Intel around – here’s how it’s going

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Synopsis

Today I'm talking to Pat Gelsinger, the CEO of Intel. I’ve been excited to have this conversation for a very long time – ever since Pat took over as CEO a little over a year and a half ago. After all. Intel is a very important company with a huge series of challenges in front of it. It’s still the largest chip manufacturer by revenue, and makes more chips than any other company in the United States. In fact there are basically only three major chip manufacturers: Taiwan Semiconductor Manufacturing Company, or TSMC, which is in Taiwan, Samsung, based in South Korea. And Intel, here in the United States. The Intel Pat took over was struggling, and was losing ground to in a variety of markets. But in the past year and a half, Pat’s restructured the company, turned over almost all of its leadership positions, opened a new line of business that would compete with TSMC and make chips for other companies including Intel’s competitors, and generally tried to reset Intel’s famous engineering culture around engineering