Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down ...
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further ...
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have ...
The longtime Intel employee had a tough mission to restore the company to its past glory, but he oversaw major layoffs and ...
Intel is in the process of shedding many non-core products and related assets while showing very positive results in its ...
Intel Corp. (NASDAQ: INTC) stock is down an additional 5.8% the day after the company announced that Pat Gelsinger was ...
Pat Gelsinger resigned after a board meeting at which directors felt his costly plan to turn Intel around was not working.
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then ...
The resignation is effective as of December 1, 2024. Intel is currently looking for a new CEO, and in the meantime, it has ...