<div> <div> <p><strong>Listen and subscribe to Opening Bid on</strong> Apple Podcasts<strong>,</strong> Spotify<strong>, </strong>Amazon Music<strong>,</strong> YouTube<strong> or wherever you find your favorite podcasts.</strong></p> <p>Now that Pat Gelsinger is no longer occupying the corner office at embattled chipmaker Intel (INTC), he can acknowledge one thing about the semiconductor industry.</p> <p>Nvidia (NVDA) has a wide, wide lead over its rivals on the tech front.</p>  <p>&#34;You see, they are executing well ... At the end of the day, [Nvidia CEO Jensen Huang] is on it, driving his teams to stay in front end,&#34; the former Intel CEO told me on Yahoo Finance's Opening Bid podcast (video above; listen in below)</p> <p>&#34;They have built meaningful moats around their franchise,&#34; he added.</p> <div> <div> <div><div></div> <div></div><div></div><div></div><div></div></div> </div></div> <p>Gelsinger led aggressive efforts to turn around Intel for more than three years. He slashed thousands of jobs, improved costs, secured CHIPS Act funding, built chip foundries, and promised fast AI chips that could compete with Nvidia and AMD (AMD).</p> <div><section><div><span class="exchange yf-wk4yba"><span>NasdaqGS - Nasdaq Real Time Price</span> <span>•</span> <span>USD</span> </span> <div> <section><h1> (NVDA)</h1> </section> <div><div> <div></div> <span class="following-btn yf-y14gj">Follow</span> <div id="menu-21"></div> </div>    View Quote Details </div></div></div> <div><section>  <div><section><div><div><span class="base yf-ipw1h0">95.34 </span></div> <div><span class="base yf-ipw1h0">- </span></div> <div><span class="base txt-negative yf-ipw1h0">(-6.06%) </span></div></div> <div> <span class="yf-1bq5nad"><span class="base yf-ipw1h0">As of 1:16:47 PM EDT. Market Open. </span> </span> </div> </section> </div> </section></div> </section> <section><div><span class="symbol current yf-1ikrnzs">NVDA</span> <span class="symbol comp comp-1 yf-1ikrnzs">AMD </span><span class="symbol comp comp-2 yf-1ikrnzs">INTC </span></div> <div> Advanced Chart </div> <div><div></div> <div></div></div> </section></div> <p>He was fired in early December amid missed financial targets, lack of progress on the AI chip front, and a cash drain on the foundry business.</p> <p>Intel's fourth quarter sales fell 7% year over year to $14.3 billion, and net earnings plunged 76%. The company forecasts it will only break even on the profit line this year.</p> <p>Analysts think Nvidia may post upward of $5 per share in earnings in 2025. Nvidia's stock is up 1,220% over the past five years, while Intel's has dropped 69%.</p> <p>Intel announced Lip-Bu Tan as its new CEO in March.</p>  <p>Tan was the CEO of Cadence Design Systems (CDNS) from 2009 to 2021. After serving on Intel's board for two years, he left in August 2024 following clashes with Gelsinger over how to position the business.</p> <p>Tan frequently pushed for a better artificial intelligence strategy to take on Nvidia and faster decision making at the notoriously bureaucratic Intel.</p> <p>It will be hard for someone to dethrone Nvidia, said Gelsinger.</p> <p>&#34;I've always viewed that there's sort of this 10x rule, where if you're not 10x better than the king, you're not going to displace that. Here you have to be at least sustainably 10x better, and then people will say, okay, yeah, I'm going to go invest in that,&#34; Gelsinger added.</p> <p>Tan will get to outline his strategy publicly — and detail how he will navigate Trump tariffs — when the company announces first quarter results on April 24 after the market close.</p> <p>You can now listen to Intel's earnings calls live on Yahoo Finance. Simply head to the company's ticker page at the scheduled start time of 5:00 p.m.</p>  <p><strong>Three times each week, I field insight-filled conversations and chats with the biggest names in business and markets on</strong> Opening Bid<strong>. You can find more episodes on our</strong> video hub<strong> or watch on your</strong> preferred streaming service<strong>.</strong></p> <p>Brian Sozzi<em> is Yahoo Finance's Executive Editor. Follow Sozzi on X </em>@BrianSozzi<em>, </em>Instagram<em>, and </em>LinkedIn<em>. Tips on stories? Email brian.sozzi@yahoofinance.com.</em></p> </div> <div> <span>Story Continues</span> </div> <div> <p>Click here for the latest technology news that will impact the stock market</p> <p>Read the latest financial and business news from Yahoo Finance</p></div>  </div>

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<p>Former Intel CEO Pat Gelsinger discussed Nvidia's dominance in the semiconductor industry, stating that to dethrone Nvidia, a competitor must be "sustainably 10x better." Gelsinger acknowledged Nvidia's strong execution and strategic advantages. Intel, under Gelsinger's leadership, faced challenges, including a 76% drop in net earnings and a 7% decline in fourth-quarter sales. New CEO Lip-Bu Tan is expected to outline his strategy on April 24, as Intel aims to improve its AI capabilities and overall performance.</p>

- Pat Gelsinger, former CEO of Intel, acknowledged Nvidia's significant lead in the semiconductor industry during a podcast interview.  
- Despite aggressive turnaround efforts at Intel, including job cuts and securing funding, the company faced financial struggles, with a 7% sales decline and a 76% drop in net earnings in the fourth quarter.  
- New CEO Lip-Bu Tan is expected to outline his strategy for Intel's future, particularly in artificial intelligence, during the upcoming earnings announcement on April 24.

Former Intel CEO on Nvidia: You have to be 10x better to dethrone the king