That's the question some investors are wondering following Jim Cramer's interview with Intel CEO Pat Gelsinger.
After facing earlier pressure, markets are rising in intraday trading despite worries about President Joe Biden's proposed capital gains hike.
"For another "Executive Decision" segment, Cramer checked in Pat Gelsinger, CEO of Intel (INTC) - Get Report. Gelsinger recently took the helm at Intel after a self-described "11-year vacation" from working at the company," TheStreet's Scott Rutt wrote in his Mad Money recap.
"Gelsinger said Intel is focused on execution, leadership products, innovation and rebuilding their culture, four things that have lost their way in recent years. It's only been a short time, he said, but already, they are seeing the Intel engine beginning to restart," he continued. "When asked about building more chips in the U.S., Gelsinger said it's critical that America reclaim its role as a leading manufacturer of semiconductors. Twenty years ago, America had 37% of the market share for semiconductors. Today, we're down to just 12%. Other governments are investing in technology, Gelsinger added, and we need to invest as well."
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