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Axios on HBO

When it comes to Intel's recent manufacturing problems, Intel CEO Pat Gelsinger places the blame squarely on his predecessors — many of whom he notes were not engineers deeply steeped in chip technology, as he is.

Why it matters: Gelsinger has announced a broad plan to reinvigorate Intel by doubling down on manufacturing. However, the strategy depends on the venerable semiconductor giant recovering from recent stumbles.

Gelsinger told me that the company had grown so successful that leaders wanted to move the strategy away from what had made Intel a chip juggernaut. Especially lacking, he said was the "maniacal" focus on manufacturing that had been a hallmark since Intel's founding.

Context: Gelsinger returned to Intel as CEO earlier this year, spent three decades at the company after joining it at age 18. Along the way he became the youngest VP in Intel history and rose to CTO before leaving in 2009 for the No. 2 spot at EMC. He was named CEO of VMWare in 2012 and served there until rejoining Intel.

The big picture: Gelsinger has come in full of ambition to return Intel to its heyday, promising to churn out market-leading chips not just for Intel but others who want to rely on its manufacturing for their chips.

  • While he acknowledges the need to prove himself, Gelsinger said he will rebuild the company's credibility with its customers so that if they say they need a million of some chip by Monday, the order will be there by Sunday night.

"Just every time," Gelsinger told me. "And our competitors fear us because we always do what we say we're going to do."

Go deeper:

Go deeper

Ina Fried, author of Login
Oct 20, 2021 - Technology

Micron to spend $150 billion on chip plants

Micron Technology headquarters in Biose, Idaho, U.S., on Sunday, March 28, 2021. Photo: Jeremy Erickson/Bloomberg via Getty Images

Memory chip maker Micron is announcing plans to spend $150 billion over the next 10 years, much of which will go to building new chip plants, potentially in the U.S.

Driving the news: Micron is willing to expand in the U.S. — but wants a commitment on government funding for the chip industry.

4 hours ago - Health

Meta removes over 600 accounts linked to COVID disinformation effort by China

Facebook's corporate headquarters campus in Menlo Park, California. Photo: Josh Edelson/AFP via Getty Images

Meta announced Wednesday it has removed over 600 Facebook and Instagram accounts linked to a Chinese influence operation that claimed the U.S. was pressuring the World Health Organization (WHO) to blame COVID on China.

Why it matters: Though Meta said the network was unsuccessful, it marks yet another COVID disinformation campaign instigated by China in an effort to discredit the U.S.

Stacey Abrams launches second campaign for Georgia governor

Photo: Eze Amos/Getty Images

Stacey Abrams, voting rights activist and former 2018 candidate for Georgia governor, is running for the position again in 2022. Abrams would be the first Black female governor in the country.

Why it matters: Abrams caught national attention in 2018 by narrowly losing an election to Republican Gov. Brian Kemp in a state held firmly by the GOP for nearly two decades.