After a 52% stock plunge in 2024, a 6% revenue drop paired with a whopping $16.6 billion loss in the latest quarter, Intel’s board ousted CEO Pat Gelsinger

Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years. The company announced Monday morning that Gelsinger has retired from Intel and stepped down from its board of directors,

News that chip giant Intel will get a new CEO set the embattled chip maker's shares in motion Monday, with the stock finishing marginally lower as the company sought to reassure investors that things might improve after a punishing year.

Intel has announced the retirement of CEO Pat Gelsinger.

Intel’s stock has plummeted 61% since Gelsinger took the helm in February 2021, according to Dow Jones Market Data. The S&P 500 gained 54% over the same period. Gelsinger, a 40-

Intel shares are trading higher Monday after the company announced the retirement of CEO Pat Gelsinger. Here’s a look at what you need to know. What To Know: Intel on Monday announced that Gelsinger retired from the company and stepped down from the board of directors,

Intel Corporation announced Monday that CEO Pat Gelsinger has retired from the company, stepping down from his role and the board of directors, effective December 1, 2024. The news pushed Intel (NASDAQ:INTC) shares over 5% higher