Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.

Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.

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.