Intel CEO Gelsinger retires, a departure that ... - Associated Press News
1 day ago · Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger, who also stepped down from the company’s board.
Intel Announces Retirement of CEO Pat Gelsinger :: Intel Corporation …
1 day ago · Effective Dec. 1, 2024, Intel Corporation CEO Pat Gelsinger has retired from the company and stepped down from the board of directors. (Credit: Intel Corporation) Intel has named two senior leaders, David Zinsner and Michelle (MJ) Johnston Holthaus, as interim co-chief executive officers while the board of directors conducts a search for a new CEO.
Intel’s CEO Departure Opens Door to Fresh Deal Discussions
1 day ago · The abrupt departure of Intel Corp. Chief Executive Officer Pat Gelsinger offers a fresh opportunity for the troubled company to consider potential deal options, including scenarios that he ...
Intel CEO retires as chipmaker loses ground in AI revolution - NBC News
1 day ago · Intel shares have declined 61% since Gelsinger took over, while Nvidia’s surged more than 820% over the same time period. The S&P 500 rose 54% over that time.
Intel, Biden-Harris Administration Finalize $7.86 Billion Funding...
Nov 26, 2024 · NEWS HIGHLIGHTS . The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act to advance Intel’s commercial semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon. ... Intel Corporation and the Biden-Harris Administration announced ...
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Oct 31, 2024 · A message from Intel CEO Pat Gelsinger to employees regarding the next phase of Intel's transformation
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Intel Announces Retirement of CEO Pat Gelsinger
1 day ago · SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation (NASDAQ: INTC) today announced that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has stepped ...
Exclusive: Intel CEO to pitch board on plans to shed assets, cut …
Sep 2, 2024 · Sept 1 (Reuters) - Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp ...