Intel CEO Gelsinger Retires; Zinsner and Johnston Holthaus Named Interim Co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger,
That condition and several others are spelled out in a November 27 filing [PDF] that reveals the CHIPS Act cash came with ...
Bank of America analysts wrote Monday that Intel's internal manufacturing business and the foundry business that makes chips ...
Intel dismissed CEO Pat Gelsinger, who was a driving force behind improving manufacturing capabilities, including the ...
Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a ...
Intel's the CHIPS Act deal with the U.S. government includes a clause or condition that requires the company to maintain ...
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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Gelsinger departs Intel with $9.7M handshakeOutgoing Intel chief executive Pat Gelsinger is set to receive severance pay of around $9.7 million following his departure ...
Intel and the Biden administration have finalized terms to an agreement that will see the chipmaker receive up to $7.86 ...
Intel's share price has almost halved this year but jumped 3% at the market open Monday after Pat Gelsinger's retirement was ...
Intel CEO Pat Gelsinger retired over the holiday weekend, leaving the tech giant with new leadership amid the pivotal AI ...
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