False on two points.
1. Intel wants to hire the "best" candidate for a position, not necessarily the most "perfectly qualified". The definitions of both terms are subjective, so let me explain the difference with an example. I have interview a candidate for a senior position, whose resume was a mile long with impressive work. He had the necessary experience, and he might have the insight necessary to find novel solutions to our problems. But, in 30 minutes with him, I could tell he was an asshole. His attitude would shut down brainstorming sessions, drive wedges between other members of my team, and possibly drive some of them away. He was perhaps the "most qualified" candidate but he was certainly not the "best". The person I hired instead had less experience but a very positive work attitude, and has learned what he needed to become a good designer. If you don't agree with me on this point then let's just agree to disagree, because we need to spend more time talking about point...
2. Intel believes that the "best" candidate for a position might not be applying for the position. Is that hard to imagine? When your company has a job opening, they don't necessarily look at all of the resumes, pick the one that sucks the least, and hire them. Maybe they didn't cast a wide enough net to gather interest? Maybe they need to change their recruiting practices entirely? Sometimes you pick "none of the above" and try again. Intel believes that the best candidate for some of their positions isn't applying for the job, because she was told in fourth grade by her science teacher that she wasn't cut out for computer work, because he was sexist. They know they'll have a job opening in 2027 for a talented young computer scientist, and they are concerned that they won't get the "best" candidate because that candidate decided on a different career.