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Intel CEO Pat Gelsinger steps down
Intel CEO Gelsinger, 'driving force' behind Ohio plants, leaves struggling chipmaker
Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a $20-billion suite of new factories in Ohio and hiring a larger workforce at 132,000 than Intel had ever maintained even during its days as the biggest player in the chip business.
Intel CEO steps down, DeWine addresses chip plant
Intel CEO Pat Gelsinger stepped down Monday after leading the company for three years and proving instrumental in getting a massive chip plant secured for Ohio.
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.
14m
Intel CEO Told to Retire or Be Removed
Learn more about why the CEO of Intel was asked to retire or get fired, after the company struggled to keep up with the AI ...
Opinion
4h
Opinion
Scaled down scrutiny of Intel, other microchip companies may put Ohioans at risk | Opinion
They say that fresh air is the best disinfectant, but Congress has eliminated a method of learning about Intel’s plans, ...
Axios on MSN
54m
Scoop: Ohio startup raises $14 million to onshore cellular module manufacturing
China's Quectel is one of the world's largest manufacturers of IoT cellular modules, a key chip component, with nearly a 40% ...
6d
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
21h
CEO who brought Intel to central Ohio retires
One week after the federal government approved funding through the CHIPS Act to advance Intel plans for a plant in central ...
17h
Intel’s Chief Executive Is Out Amid Chipmaker’s Struggles
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.
1d
Intel CEO announces retirement
It's unclear whether the CEO's announcement will affect the company's ongoing project of building computer chip plants in ...
6d
Ohio's Intel plant moving forward with long-awaited CHIPS Act funding
Ohio's Intel plant is finally receiving its long-awaited $1.5 billion in federal funding, ending the two-year-long stalemate ...
6d
Fed officials finalize $7.8 billion in grants for Intel projects, including $1.5 billion in Ohio
Computer chip manufacturer Intel has faced setbacks with its “Silicon Heartland” fab currently under construction outside New ...
18h
Why Intel Stock May Fall After Its CEO's Removal
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 ...
1d
on MSN
Intel Corporation (INTC) Secures $7.8 Billion CHIPS Act Grant to Boost Chip Production in Ohio
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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