The tech industry's reaction to AI model DeepSeek R1 has been wild. Pat Gelsinger, for instance, is elated and thinks it will make AI better for everyone.
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Shares of Intel Corp. (INTC) were in focus on Wednesday ahead of the chipmaker’s fourth quarter results, which are scheduled for Thursday after the bell. Intel's stock price fell nearly 0.2% during mid-day trade.
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
Pat Gelsinger, who retired from Intel last year, said that if he were still leading the company, he would be open to working with DeepSeek.
Greener Pastures News of Chinese AI company DeepSeek's success continues to send ripples throughout the West, tanking Nvidia's stock valuation, spawning endless discourse, and embarrassing President Trump.
Amid talk of "splits, saviors, and deals," Intel will deliver its first earnings report since Pat Gelsinger left as CEO.
Former Intel ( INTC, Financials) Chief Executive Pat Gelsinger revealed that he has acquired shares of Nvidia ( NVDA, Financials) and other artificial intelligence-related stocks, citing recent advancements in AI model training.
DeepSeek’s achievement is a big step forward in the world-changing advances of technology, regardless of who wins or loses
DeepSeek’s open-source AI reasoning model, R1, has gained significant attention, briefly overtaking OpenAI’s ChatGPT in popularity. Former Intel CEO P
Intel will report its Q4 earnings
Intel's future is uncertain after CEO's retirement, raising questions about potential split and financial advantage. Read more on INTC stock here.