Interim Intel Co-CEO: ‘The Core Strategy Remains Intact’
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further clarification on what its board is seeking.
Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
(Reuters) - Intel will have a CEO with manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said at the UBS technology conference on Wednesday. Reuters reported on Tuesday that Intel has started ...
Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’
Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process hoping it would be a viable alternative to Taiwan Semiconductor Manufacturing Co., (TSMC) the world’s leading contract manufacturer of chips, Fortune ’s Jeremy Kahn recently reported.
Intel CFO takes interim co-CEO role after board ousts top exec
CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a record loss of $16.6 billion for its most recent quarter.
Intel's New Co-CEO Talks Up Financial Discipline
Intel's new co-CEO on Wednesday talked up the importance of more spending discipline as the chip giant works to execute the strategy put in place by former Chief Executive Pat Gelsinger. The comments by David Zinsner,
Intel's next CEO needs to decide the fate of its chip fabs
Intel's CEO exit reignites discussions on splitting off factories, with questions about financial recovery and CHIPS Act funding.
Intel At A Crossroads: CEO Retires
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have left it playing catch-up in critical markets.
Meet 2 chip execs reportedly in the running for Intel CEO — one is an outsider
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
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Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel stock fell again Wednesday prompting an industry analyst to accuse the chip giant's board of mishandling its CEO's ...
Intel CEO Pat Gelsinger retires; David Zinsner and Michelle Johnston Holthaus named interim co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, ...
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Intel, amid financial woes, will have new leader
On the heels of impactful financial news — much of it negative — Intel made the surprise announcement this week that CEO Pat ...
Intel will pay $7M in severance to former CEO Pat Gelsinger, plus millions more in bonuses
Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target ...
Ubisoft pulls the plug on XDefiant, to close San Francisco and Osaka studios
France's largest video game maker Ubisoft has decided to discontinue development on XDefiant, its free-to-play first-person ...
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Cashing in his chips: Intel CEO retires after 'challenging year' for Silicon Valley tech titan
Intel CEO Pat Gelsinger has retired from the Silicon Valley-based tech giant and effectively stepped down from its board of ...