Intel has lost its way — Bill Gates

Bill Gates, co-founder and former CEO of Microsoft, supports Intel's success, but expresses concern about whether the company will be able to overcome the challenges it faces. He spoke about this in an interview with the Associated Press.

Intel means a lot to Bill Gates. In the early 1970s, the company made a technological breakthrough by developing a tiny chip capable of powering a personal computer.

This breakthrough created a need for software, which prompted Gates and Paul Allen to found Micro-Soft (later Microsoft), whose name comes from the words "microprocessor" and "software."

"I am stunned that Intel basically lost its way," said Gates. "(Intel co-founder) Gordon Moore always kept Intel at the state of the art. And now they are kind of behind in terms of chip design and they are kind of behind in chip fabrication."

Intel has been going through a tough time lately. The company's shares have fallen significantly due to problems with the launch of the 13th and 14th generation Core processors. The crisis has worsened so much that Intel is looking for a new CEO after the dismissal of Pat Helsinger. Although Bill Gates supports Intel, he has doubts about its recovery.

"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," says Gates.

He praised Pat Gelsinger for his brave attempt to catch up with the competition.

"I was hoping for his sake, for the country’s sake that he would be successful. I hope Intel recovers, but it looks pretty tough for them at this stage," Gates added, concluding the topic of Intel.