An earlier version of this article misquoted VMware Chief Executive Pat Gelsinger. It has been updated.
Former Intel Corp. Chief Technology Officer and current VMware Inc. Chief Executive Pat Gelsinger said Friday he doesn't want the CEO spot at Intel. In a tweet, Gelsinger said that he "loved" the CEO job at VMware and that the "future is software." Former Intel CEO Brian Krzanich stepped down Thursday after the semiconductor giant said he had violated the company's policies through a consensual relationship with another employee. Intel stock is up 0.9% to $52.64 in early afternoon trading. Intel shares have climbed 14% this year as the benchmark S&P 500 index has gained 2.9%. The Dow Jones Industrial Average of which Intel is a component, has fallen 0.4%.