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.

When you buy through links on our articles, Future and its syndication partners may earn a commission.

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.

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.

Intel (INTC) is scheduled to report results of its fiscal fourth quarter after the market close on January 30, with a conference call scheduled

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 is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also CEO of Intel Products. The company is still searching for a permanent CEO to take the reins and attempt to revitalize the storied chipmaker.

Intel's future is uncertain after CEO's retirement, raising questions about potential split and financial advantage. Read more on INTC stock here.