Intel Faces Crisis as CEO Pat Gelsinger Resigns, Secures $10M Exit Deal
Though earnings fell short of expectations in the face of growing competitiveness, Gelsinger's tenure witnessed notable investment in manufacturing capacity. Intel stock is finally going up about 20% in the past three months, despite all the problems. To sustain the uptrend ahead, though, would take much more.
Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...
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 ...
Intel Corporation has been removed from the Dow Jones 30, reflecting their poor performance over the past five years. Find ...
Intel CFO David Zinsner and Client Computing Group head Michelle Johnston Holthaus will be sharing the title of interim CEO ...
Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround efforts, leaving ...
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We recently compiled a list of the 10 AI News Updates You Should Not Miss. In this article, we are going to take a look at ...
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