Former Intel CEO Patrick Gelsinger revealed that his company used to scoff at NVIDIA's GPU when Intel was dominating the industry and CPUs were the mainstay of computing. Gelsinger discussed Intel before his return, his time at the company when it was working with Apple and the impact that hostilities in Taiwan can have on the global economy. The former CEO, who currently has a close relationship with quantum computing company PsiQuantum, also believes that quantum computing can reshape a host of industries before the end of this decade. Intel CEO Patrick Gelsinger Discusses How Apple Founder Steve Jobs Was Farsighted The conversation started out with the former Intel CEO and the All-In podcast's host discussing the state of Intel before Gelsinger took over, and when the firm was working with Apple. Gelsinger criticized Intel's strategy of paying a hundred billion dollars as dividends and remarked that the move was driven by managers with a business background instead of a technical background. "In the five six years before I came back, Intel gave a hundred billion dollars to shareholders," he said. "What I wouldn't have done for another hundred billion dollars on the balance sheet," he added. "It [Intel] hadn't built a new factory in a decade when I got there. It's like you know, how can you not be building? How can you not be buying EUV machines?" said Gelsinger. According to him, only a technologist would have understood the need to buy the new machines and build the factories since the economics behind them were unfavorable. He also recalled working with Apple's co-founder Steve Jobs, whom he called "incredible" and "ruthless." Apple shifted to Intel's processors for its computers in 2005, and Gelsinger used the change to highlight Jobs' foresight. He revealed that Jobs had already been working