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Intel CEO Pat Gelsinger resigns
Intel CEO Gelsinger suddenly retires from beleaguered chipmaker
We know that we have much more work to do at the company and are committed to restoring investor confidence," Frank Yeary, Intel's board chair, said in a written statement.
Intel CEO Pat Gelsinger steps down from struggling chipmaker
Intel chief executive Pat Gelsinger has stepped down less than four years after taking the helm of the company, handing control to two lieutenants as the faltering American chipmaking icon searches for a permanent replacement.
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
On Monday, Intel announced that its CEO Pat Gelsinger was stepping down from his post after more than three years.
39m
on MSN
Intel names two chip industry veterans to its board amid CEO search
Intel on Thursday named two chip industry veterans to its board, as the struggling semiconductor firm looks for a new top ...
1d
Intel At The Crossroads. Where Does Intel Go From Here?
Intel is in the process of shedding many non-core products and related assets while showing very positive results in its ...
9d
Intel initially could open half its New Albany complex based on demand, federal officials say
Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...
1d
Intel approaches candidates for CEO role, including former board member Lip-Bu Tan
The move to replace Gelsinger - who took charge of Intel less than four years ago - came after the board decided that the ...
5d
Intel Corporation (INTC): Federal Deal Mandates $35B R&D Investment and 12 New Fabs by 2028
We recently compiled a list of the 15 AI News and Ratings Trending on Financial Media. In this article, we are going to take ...
8d
Workers demand more transparency after Intel secures $8B CHIPS funding
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund the expansion of ...
10d
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
Business Wire
9d
Intel and Biden-Harris Administration Finalize $7.86 Billion Funding Award Under US CHIPS Act
The U.S. Department of Commerce has awarded Intel Corporation up to $7.86 billion in direct funding through the U.S. CHIPS ...
tom's Hardware on MSN
1mon
Intel spends more on R&D than Nvidia and AMD combined, yet continues to lag in market cap — Nvidia spends almost 2X more than AMD
But while Nvidia's
R
&D spending easily eclipses AMD's, it is still way behind
Intel
and Qualcomm, and they all pale ...
Yahoo Finance
1mon
Intel reportedly scaling back R&D teams in Israel — several hundred talented staff will be laid off
Intel
plans to reduce its workforce by several hundred employees at its Israeli research and development centers, following similar job cuts at its facilities elsewhere, reports DigiTimes.
2h
on MSN
Intel's Stock Just Did Something It Hasn't Done Since 2022
As I pointed out above, Intel's P/S ratio bottomed somewhere around August and September 2022 and then subsequently went on a ...
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