Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have left it playing catch-up in critical markets.

Pat has suddenly departed - which is not really a big surprise, given the year Intel's had - and Zinsner plus Holthaus are temporary co-CEOs.

Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1. Intel CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs. Frank Yeary will serve as interim executive chair.

Learn more about why the CEO of Intel was asked to retire or get fired, after the company struggled to keep up with the AI chip competitors.

Over the weekend, Intel announced the retirement of its CEO Pat Gelsinger who has been in the role since February 2021.

Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about the company’s future even as the United States is set to give it billions of dollars to build up the country’s ability to manufacture chips at home.

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,

Intel’s board of directors has ousted CEO Pat Gelsinger, marking the end of a challenging tenure that spanned nearly four years. The decision, announced Monday, follows a turbulent period where the once-dominant semiconductor giant faced a steep decline in market share,

Intel CEO Pat Gelsinger resigns under pressure as his turnaround plan fails to meet expectations. With a 60% stock value drop and increasing competition from Nvidia, Intel names interim leaders while searching for a new CEO.

Pat Gelsinger retired from Intel after a 40-year career. David Zinsner and MJ Johnston Holthaus are interim co-CEOs. The Intel board is on the lookout for a new CEO amidst upcoming challenges. 2024 was a tough year for Intel,

Intel CEO Pat Gelsinger has retired from the company following a distinguished 40-plus-year career and has resigned from the board of directors, effective 1, 2024.