Nvidia CEO Jensen Huang Earns Praise From Former Intel CEO Pat Gelsinger: 'Run Hard To Stay In The Front'
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Pat Gelsinger, the former CEO of Intel Corp. (NASDAQ:INTC), expressed admiration for Nvidia Corp. (NASDAQ:NVDA) and its superior performance in the artificial intelligence chip market.
What Happened: Gelsinger praised Nvidia's ability in an interview with Yahoo Finance to outperform competitors, attributing its success to two main factors: execution and a competitive advantage in AI products.
Gelsinger, who resigned as Intel's CEO in December, praised Nvidia Co-Founder and CEO Jensen Huang for his leadership. He stated, 'They are executing well. At the end of the day, Jensen is on it — driving his teams to stay in the front end.'
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He also acknowledged Nvidia's ability to 'run hard to stay in the front' in the silicon AI accelerator market, a sector experiencing significant growth due to increased spending from large companies and the emergence of AI startups.
Why It Matters: According to Gelsinger, Nvidia's second strength lies in building 'meaningful moats,' or sustainable advantages that shield the company from competition. He cited Nvidia's NVLink and CUDA technologies as examples of these competitive moats.
Gelsinger's remarks coincide with Intel's struggles, which include a 45% decline in the company's share price in the previous year. In his first public appearance as CEO, Lip-Bu Tan, Intel's new CEO, recently admitted the company's flaws.
Intel outperforms rivals Nvidia and Advanced Micro Devices Inc. (NASDAQ:AMD) on valuation metrics, but Huang-led Nvidia excels in momentum and growth, according to Benzinga Edge Stock Rankings. Sign up to learn more.
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This article Nvidia CEO Jensen Huang Earns Praise From Former Intel CEO Pat Gelsinger: 'Run Hard To Stay In The Front' originally appeared on Benzinga.com
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Stock Market Today: Stocks Make a Comeback From Trade Jitters, Boeing Crash originally appeared on TheStreet. Updated 4:30 p.m. ET Stocks ended higher Thursday, as investors reacted to inflation data, while President Donald Trump pushed for an interest rate cut. The Dow Jones Industrial Average gained 101.85 points, or 0.24%, to finish the session at 42,967.62, while the S&P 500 rose 0.38% to close 6,045.26 and the tech-heavy Nasdaq advanced 0.24% to end the day at 19,662.48. Microsoft hit a 52-week high of $480.40, while Oracle surged 13.3% after the software company beat Wall Street's fourth-quarter earnings expectations. Trump called Federal Reserve Chair Jerome Powell a 'numbskull' as he demanded an interest-rate cut, CNBC reported. Trump claimed that lowering rates by 2 percentage points would save the U.S. $600 billion per year, 'but we can't get this guy to do it.' 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Speaking to reporters at the Kennedy Center, he said the U.S. was very happy about its trade truce reset with China. But the administration wants more deals now and expects to send letters to more than 150 countries saying, essentially, make trade offers or see new tariffs imposed. 💸💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💸 Separately, market jitters intensified amid heightened tensions in the Middle East. Ahead of the open, futures in the Standard & Poor's 500 Index fell 34 points. Nasdaq-100 trading showed a decline of 134 points, and the futures on the Dow Jones Industrial Average were off 288 points. The cautious mood is stalling a rebound in US stocks that had brought the S&P 500 within reach of its all-time high, even as questions about the economic impact of Trump's trade agenda persisted. Decent earnings and limited economic fallout have supported the rally so far. The question is how long the optimism can last. Shares of aerospace giant Boeing () were down about 7.7% to $197.57. A 787 Dreamliner heading to London from India's Ahmedabad crashed after takeoff around 12:30 a.m. EDT. Reports say 242 people were on board. Local authorities told AP that no one appeared to have survived the crash. It was the first crash of a 787 in 14 years of service. Ahmedabad is in Gujarat state in west-central India. The market wasn't helped by another decent report on inflation. The Producer Price Index, which measures price changes that that companies receive, was up 0.1% in May, the Bureau of Labor Statistics said. On an annualized basis, the index was up 2.6% from a year earlier. Core PPI, which strips out energy and prices, was up 2.7%. It probably means the Federal Reserve won't raise interest rates at next week's meeting. Some good news on the earnings front: Oracle () shares were up nearly 9% in premarket trading after the software stalwart beat estimates and offered positive guidance. Stock Market Today: Stocks Make a Comeback From Trade Jitters, Boeing Crash first appeared on TheStreet on Jun 12, 2025 This story was originally reported by TheStreet on Jun 12, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
