Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone
Intel’s shares rose 5% Monday after the company announced the 63-year-old Gelsinger, who began his career at the chipmaker in 1979, had retired from the position of chief executive and also stepped down from the board of directors.
8 ways Intel can still pull itself out of free fall after its CEO's sudden exit
Pat Gelsinger's departure leaves Intel at a crossroads, forcing the company to confront cultural stagnation, x86's decline, and growing competition from Arm, AI, and TSMC. Here's what could come next.
Pat Gelsinger Exits As Intel CEO, Paranoia Key To Reviving Leadership
Explore the challenges, his ambitious vision, and what lies ahead for the tech giant as it seeks to reclaim its edge.
Intel CEO Pat Gelsinger steps down after terrible, no-good, very bad year
Intel CFO David Zinsner and Client Computing Group head Michelle Johnston Holthaus will be sharing the title of interim CEO while the company's board of directors searches for a new CEO. Gelsinger has also stepped down from his seat on the board.
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Under Gelsinger, the company has been working to build up its foundry business making semiconductors in the U.S. designed by other firms, in a bid to compete with rivals such as market leader Taiwan Semiconductor Manufacturing Co. or TSMC. Intel has ...
8 ways Intel can still pull itself out of free fall after its CEO's forced exit
Pat Gelsinger's departure leaves Intel at a crossroads, forcing the company to confront cultural stagnation, x86's decline, and growing competition from Arm, AI, and TSMC. Here's what could come next.
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
On Monday, Intel announced that its CEO Pat Gelsinger was stepping down from his post after more than three years.
Intel CEO Pat Gelsinger steps down as chipmaker’s struggles continue
Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about the company’s future even as the United States is set to give it billions of dollars to build up the country’s ability to manufacture chips at home.
Intel CEO Pat Gelsinger resigns without a permanent successor
In a blow to Intel's turnaround plans, CEO Pat Gelsinger has resigned from the big chip maker without a permanent successor in place.
Intel CEO Pat Gelsinger Resigns After Struggling to Turn Around Chip Maker
Intel Chief Executive Pat Gelsinger retired abruptly, ending a nearly four-year run that saw the chip maker fall behind rivals in building semiconductors to power the artificial-intelligence boom. The company on Monday said it named Chief Financial Officer David Zinsner and Michelle Johnston Holthaus,
In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'
On Monday, Intel's interim leadership addressed outgoing CEO Pat Gelsinger's abrupt departure, in an internal meeting.
What Intel, Qualcomm, TSMC, and Other Semiconductor Investors Need to Know About Recent Updates
Qualcomm (NASDAQ: QCOM), Taiwan Semiconductor Manufacturing (NYSE: TSM), and other semiconductor stocks. To learn more, check ...
Intel's CEO steps down as the chipmaker tries to restore investor confidence
Intel's share price has almost halved this year but jumped 3% at the market open Monday after Pat Gelsinger's retirement was ...
Intel’s Chief Executive Is Out Amid Chipmaker’s Struggles
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.
Intel Stock May Fall. ‘If HE Couldn’t Fix It, Can Anyone?’ Asks Expert
After a 52% stock plunge in 2024, a 6% revenue drop paired with a whopping $16.6 billion loss in the latest quarter, Intel’s ...
A month before Intel CEO’s surprise exit, former board members warned that the iconic chipmaker had only one option to save itself
In an October op-ed published by Fortune, a group of former directors praised Pat Gelsinger but called for him to carry out a ...
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The cost of Gelsinger’s ambition proves too much for Intel
Gelsinger for his part has taken drastic action to get Intel's finances under control, having previously announced plans to ...