Intel CEO Blames Leadership for Company's Decline

Pat Gelsinger, the CEO of Intel, says the company started having problems many years ago.

He thinks the leaders before him didn't have the right engineering skills to make good decisions.

These leaders also spent a lot of money on things like dividends and buying back shares instead of investing in new technology.

Now, Intel is trying to catch up with other companies like TSMC and AMD.

The U.S. government and Nvidia have recently bought shares in Intel to help.

Gelsinger also worries about the risks of making chips in Taiwan because if something goes wrong there, it could hurt the whole world's economy.