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Intel CEO retires
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, had retired from the company effective Sunday.
Intel CEO retires as revenue slides, AI efforts stall
The chipmaker named two top executives to serve as co-interim CEOs while the board searches for a permanent replacement.
Intel faces massive shakeup as CEO Pat Gelsinger abruptly retires
Intel CEO Pat Gelsinger has retired effective December 1 and has also stepped down from the Board of Directors.
1h
Intel Stock May Fall. ‘If HE Couldn’t Fix It, Can Anyone?’ Asks Expert
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 ...
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on MSN
Intel ousts CEO Gelsinger with stock down 61% during his tenure
Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years. The company ...
4h
Intel CEO resigns after a disastrous tenure
Intel Monday announced CEO Pat Gelsinger has resigned after a difficult three-year stint at the company. The once-dominant ...
7d
on MSN
Intel's 20-year-old AI ethics prodigy on the future of artificial intelligence
Today, as one of Intel's AI architects and "evangelists" — yes, that's the real word — the 20-year-old is on the forefront of ...
2h
on MSN
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 ...
5h
Intel’s new CEO faces tough AI market challenges
Intel says CEO Pat Gelsinger have retired, effective December 1st. Intel stock tanked an alarming 65% under Gelsinger as its ...
4h
on MSN
Intel Corporation (INTC) Stock Rallies Amid Reports of Potential US Export Restrictions on Chinese Semiconductor Firms
We recently compiled a list of the 14 AI News That Broke The Internet This Week. In this article, we are going to take a look ...
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