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.
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.
The Morning After: Intel’s CEO just suddenly retired
It’s been a quiet few news days as everyone seemingly parses deals from Black Friday through to Cyber Monday. But there’s always time for a shock announcement: Pat Gelsinger is retiring after over 40 years at the company and close to four years at the chip manufacturer’s helm.
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 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 Forced Out by Board Frustrated With Slow Progress
Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to turmoil at one of the pioneers of the technology industry.
Intel CEO retires as once-mighty chipmaker continues to struggle
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,
Intel CEO retires as chipmaker loses ground in AI revolution
Intel's CEO is stepping down as the stalwart American chipmaker has struggled to keep pace with the artificial intelligence revolution. The company announced that Pat Gelsinger, who'd led Intel since 2021 and logged more than 30 years in various positions with the chipmaker,
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 ...
The move could deal a blow to the mainland businesses of Nvidia, Qualcomm and Intel
The move could deal a blow to the mainland businesses of Nvidia, Qualcomm and Intel.
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 ...
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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 ...
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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Intel’s options
Intel’s Altera unit, acquired in 2015 for about $17-billion, makes chips that can be reprogrammed for different uses after ...
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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 ...