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Interim Intel Co-CEO: ‘The Core Strategy Remains Intact’
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further clarification on what its board is seeking.
Intel CEO Gelsinger Retires; Zinsner and Johnston Holthaus Named Interim Co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger,
Here's what Wall Street analysts say is ahead for Intel after CEO Pat Gelsinger's departure
Intel stock dropped 6% on Tuesday as investors reacted to the CEO's departure. Wall Street analysts say there's more uncertainty ahead for the chip maker.
Intel CEO Pat Gelsinger Resigns After Struggling to Turn Around Chip Maker
Intel Chief Executive Pat Gelsinger retired abruptly, ending a nearly four-year run that saw the chip maker fall behind rivals in building semiconductors to power the artificial-intelligence boom. The company on Monday said it named Chief Financial Officer David Zinsner and Michelle Johnston Holthaus,
10h
Intel At A Crossroads: CEO Retires
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have ...
19h
on MSN
Intel’s outgoing CEO is living every executive’s nightmare: A post-departure stock bump and no succession plan
Intel’s board of directors announced Gelsinger’s retirement as chief executive, effective yesterday, today. The company ...
TweakTown
2d
Intel announces that CEO Pat Gelsinger has retired, and the search is on for his replacement
Pat has suddenly departed - which is not really a big surprise, given the year Intel's had - and Zinsner plus Holthaus are ...
15h
Intel ruled tech. Now it’s in deep trouble
When legendary former Intel CEO Andy Grove wrote his bestseller “Only the Paranoid Survive” in 1996 about how to predict tech inflection points that might undermine a business, the notion that his ...
13h
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 ...
1d
Why Intel Stock May Fall After Its CEO's Removal
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 ...
1d
on MSN
Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1. Intel CFO David Zinsner and ...
1d
on MSN
Are Intel’s Problems Too Big to Fix?
Pat Gelsinger’s exit might open some options, but Intel’s struggles in manufacturing technology and market shifts are still ...
2d
Intel CEO Pat Gelsinger announces retirement, co-CEOs named during tumultuous period
"Leading Intel has been the honor of my lifetime – this group of people is among the best and the brightest in the business, ...
ReadWrite
1d
Intel CEO Pat Gelsinger retires, reports of ultimatum by board
Over the weekend, Intel announced the retirement of its CEO Pat Gelsinger who has been in the role since February 2021.
Local News Matters on MSN
1d
Cashing in his chips: Intel CEO retires after 'challenging year' for Silicon Valley tech titan
Intel CEO Pat Gelsinger has retired from the Silicon Valley-based tech giant and effectively stepped down from its board of ...
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Intel
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