Old CEO Out, 'New CEO' In - Struggling Intel Is A Bargain Nonetheless
Intel's recent struggles include suspending dividends, delaying factory construction, and drastic cost-cutting measures. Read why INTC stock is a long-term Buy.
Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone
Intel’s shares rose 5% Monday after the company announced the 63-year-old Gelsinger, who began his career at the chipmaker in 1979, had retired from the position of chief executive and also stepped down from the board of directors.
8 ways Intel can still pull itself out of free fall after its CEO's forced exit
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 CEO Pat Gelsinger retires
Intel has announced that CEO Pat Gelsinger is retiring. David Zinsner and Michelle Johnston Holthaus have been named interim Co-CEOs
Pat Gelsinger Suddenly Retires After Three Rough Years as Intel CEO
Intel's stock price has seen better days, but Pat Gelsinger has also led the company through numerous scandals with its latest processors.
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
On Monday, Intel announced that its CEO Pat Gelsinger was stepping down from his post after more than three years.
Intel CEO Pat Gelsinger steps down as chipmaker’s struggles continue
Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about the company’s future even as the United States is set to give it billions of dollars to build up the country’s ability to manufacture chips at home.
Intel’s CEO is out after only three years
Pat Gelsinger spent most of his career at Intel, then came back in 2021 to turn the company around. Now he says he’s retiring, effective immediately.
Intel CEO Pat Gelsinger Retires From Struggling Chipmaker
(Reuters) -Chipmaker Intel said on Monday CEO Pat Gelsinger retired from the chipmaker, effective Dec. 1. The company named CFO David Zinsner and senior executive Michelle Johnston Holthaus as interim co-chief executive officers while its board conducted a search for a new CEO.
Intel Just Forced Out Its CEO. It’s a Brutal Lesson Every Leader Should Learn
A respected CEO and former Intel engineer, Gelsinger checked all the boxes and showed up with a plan to restore the company to its former glory. Not long after he took over as CEO, Gelisnger told an audience his thoughts about the company’s focus moving forward: “We’re bringing back the execution discipline of Intel.
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,
What Intel, Qualcomm, TSMC, and Other Semiconductor Investors Need to Know About Recent Updates
Qualcomm (NASDAQ: QCOM), Taiwan Semiconductor Manufacturing (NYSE: TSM), and other semiconductor stocks. To learn more, check ...
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Qualcomm-Intel deal speculation fizzles out
Qualcomm is unlikely to pursue any transactions with Intel, a decision that aligns with industry expectations. Sources close ...
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Intel’s options
Intel’s Altera unit, acquired in 2015 for about $17-billion, makes chips that can be reprogrammed for different uses after ...
Qualcomm backs off full Intel acquisition, could consider buying select divisions
In September, reports claimed that Qualcomm had made a takeover offer to rival Intel. The proposal arrived as Team Blue ...
Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports
Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News ...
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Qualcomm loses interest in Intel; chip funding cut
Details of Qualcomm's waning interest follow reports Intel could lose a chunk of funding the US government allocated to it.
Qualcomm's Interest In Taking Over Intel Wanes Due To 'Complexities' Involved: Report
Qualcomm Inc.’s QCOM interest in acquiring Intel Corp. INTC is reportedly waning due to the "complexities" involved. What ...
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Intel fired Pat Helsinger as CEO — after the company’s shares fell by more than 50% in 2024
On December 1st, Pat Gelsinger left his position as CEO of Intel, where he had worked for 4 years. Temporarily, the company ...