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Intel CEO Pat Gelsinger ousted
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 Announces Retirement of CEO Pat Gelsinger
Intel Corp. announced that CEO Pat Gelsinger has retired from the company and stepped down from the board of directors, effective Dec. 1, 2024.
Intel's ousted CEO Gelsinger to receive up to $12m payout
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.
2d
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 ...
Security
8d
Intel and Biden-Harris Administration finalize $7.86 billion funding award under U.S. CHIPS Act
The CHIPS Act award will directly support Intel’s investments at sites where the company develops and produces many of the ...
2d
Intel: Prospects Of A New CEO Could Improve Sentiment (Rating Upgrade)
Intel faces challenges but could see positive changes with new leadership. Learn why INTC stock might deliver strong returns ...
9d
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 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 ...
11d
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 ...
6d
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 ...
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 ...
20h
on MSN
The Shake-Up at Intel
Intel CEO Pat Gelsinger's stepping down and why "GPU" was the key focus of his time at the helm of the company. The multiyear ...
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