Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down ...
The longtime Intel employee had a tough mission to restore the company to its past glory, but he oversaw major layoffs and ...
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have ...
Read here for an analysis of Intel's need for a new CEO to address stagnant growth and declining market share, with a focus on improving operational efficiency.
Intel is in the process of shedding many non-core products and related assets while showing very positive results in its ...
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then ...
Pat Gelsinger resigned after a board meeting at which directors felt his costly plan to turn Intel around was not working.
Gelsinger’s appointment as CEO in 2021 was heralded as a potential turning point for Intel — a return to its engineering ...
Frank Yeary, independent chair of Intel's board, will become interim executive chair. “Pat spent his formative years at Intel, then returned at a critical time for the company in 2021,” Yeary said in ...
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further ...
Intel Corp. (NASDAQ: INTC) stock is down an additional 5.8% the day after the company announced that Pat Gelsinger was ...