Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Intel CEO Pat Gelsinger announces immediate retirement; 2 interim co-CEOs named
Shake up in Silicon Valley. Intel CEO Pat Gelsinger announces immediate retirement with the company naming two interim co-CEOs to lead the chipmaker. He started at Intel in 1979 and was its first chief technology officer.
Intel's next chief executive officer will have manufacturing expertise as well as experience in the product side of the ...
The longtime Intel employee had a tough mission to restore the company to its past glory, but he oversaw major layoffs and ...
Intel might have just taken the lead. With the sudden departure this week of CEO Pat Gelsinger, and shares down 52% year to date, the company is an early favorite for Ugliest Turnaround Attempt of ...
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