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.

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.

Former Intel CEO Pat Gelsinger took to X and praised the model with compliments. In a chat with TechCrunch, he revealed that his startup will use DeepSeek over OpenAI. If you haven't been keeping up with industry news,

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.

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.

Amid talk of "splits, saviors, and deals," Intel will deliver its first earnings report since Pat Gelsinger left as CEO.

Former Intel CEO Pat Gelsinger has gone further on his DeepSeek commentary, saying in a post on LinkedIn that he has purchased shares of Nvidia and other AI-related stocks due to the development. Read more here.

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.

DeepSeek’s achievement is a big step forward in the world-changing advances of technology, regardless of who wins or loses

"The market reaction is wrong, lowering the cost of AI will expand the market," Gelsinger said on social media. "Today I am an Nvidia and AI

Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.

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