For now, Intel’s chief financial officer, David Zinsner and Intel Products CEO, Michelle Johnston Holthaus, will serve as co-CEOs while the board searches for a new leader. Frank Yeary, an independent chair on Intel’s board,

Pat Gelsinger's departure leaves Intel at a crossroads, forcing the company to confront cultural stagnation, x86's decline, and growing competition from Arm, AI, and TSMC. Here's what could come next.

Intel has announced that CEO Pat Gelsinger is retiring. David Zinsner and Michelle Johnston Holthaus have been named interim Co-CEOs

On December 1st, Pat Gelsinger left his position as CEO of Intel, where he had worked for 4 years. Temporarily, the company will be managed by CFO David Zinsner and General Manager of Products M.J. Holthaus.

Intel Monday announced CEO Pat Gelsinger has resigned after a difficult three-year stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed by most of its rivals.

In the interim, the US chip giant will be led by CFO David Zisner and Michelle Johnston Holthaus, the head of Intel products.

Intel's share price has almost halved this year, but jumped 6% in premarket trading on news of Pat Gelsinger's retirement.

Intel on Monday announced the retirement of chief executive Pat Gelsinger. The move, which was effective Sunday, comes as the U.S. chipmaker struggles to keep up in the hypercompetitive semiconductor market and as its stock price has tumbled.

According to Intel’s press release, Gelsinger has stepped down from his position as CEO and from the board of directors after spending nearly 30 years at the company, which he f