Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...

CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a ...

The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...

Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target ...

Intel (INTC) shares slip by over 5% on Tuesday following CEO Pat Gelsinger's sudden retirement from the chip manufacturer ...

Intel Corporation CEO Pat Gelsinger's sudden retirement stuns markets, sparking speculation of a rift and potential foundry ...

Gelsinger started at Intel in 1979 and was its first chief technology officer. He returned to the company as chief executive in 2021.

"Mr. Gelsinger's sudden departure leaves us unsure of the strategic path ahead for Intel," one analyst says, capturing a ...

Intel’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...

Intel said the severance payment would include $1.9 million as base salary for 18 months and 1.5 times his target bonus of $3 ...

Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.