Intel's new CEO used to be the chip giant's CFO, which has sparked a debate among analysts on whether he's the right choice to lead the chip giant.
But he and his team also used the time with investors and analysts to paint an upbeat portrait of the chip company. They reaffirmed Intel's bright future in the data center market, while highlighting the other tech arenas where they said the chipmaker will compete and win: AI, autonomous cars and 5G.
"Bob Swan may be a good executive," Wolf told Business Insider."But there is no question that Intel needs a strong technical leader.""100% agree with that statement and that was undoubtedly a major concern when Swan was announced," he told Business Insider."What Intel needed, and needs, at the top is someone who knows how to execute and someone with a deep technology/architectural background."Intel pushed back on that perspective.
Bernstein Research analyst Stacy Rasgon noted that Swan's predecessor left problems that the Intel CEO must now try"to clean up.""So not sure it's the case that all tech-focused leaders have been good either," he told Business Insider.
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