The chipmaker made the unconventional decision to appoint two interim CEOs as CEO Pat Gelsinger abruptly retired.

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's (INTC) announcement this morning that Pat Gelsinger stepped down from leading the semiconductor giant should be followed up with radical change. Read for more.

Intel on Monday announced the retirement of chief executive Pat Gelsinger. The move, which was effective Sunday, comes as the U.S. chipmaker struggles to keep up in the hypercompetitive semiconductor market and as its stock price has tumbled.

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 Corp. Chief Executive Officer Pat Gelsinger, who was hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, will leave the job after the comeback sputtered and the company fell further behind rivals.

There is no joy in Intel’s corporate headquarters. The company has had an epically horrible year, with widespread issues plaguing its flagship chips, massive upswings from rivals AMD and Nvidia, and a stock downturn so dramatic it’s been called one of the worst performers in the industry.

Pat Gelsinger stepped down after nearly four years at the helm of the company, Intel said Monday. Pat Gelsinger, Intel’s chief executive officer, stepped down after nearly four years leading the semiconductor company,