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The Latest Breaking News from Patrick Gelsinger

Intel will reportedly fire fully 20% of its workforce and focus on 'engineering', a plan that sounds all too familiar at this point

New CEO, same old staff cuts?

Intel To Cut Over 21,000 Jobs As New CEO Reshapes Company Strategy: Report

Intel To Cut Over 21,000 Jobs As New CEO Reshapes Company Strategy: Report

The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already cutting 15,000 jobs in August 2024.

International Business Times

Pat Gelsinger turns to particle accelerators for a new way to make chips, joins xLight

Pat Gelsinger turns to particle accelerators for a new way to make chips, joins xLight

Pat Gelsinger is back in the semiconductor game with xLight, a company that plans to make an EUV light source using a collider.

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Intel's former CEO puts money into a little-known hardware startup that wants to make Nvidia obsolete

UK-based startup Fractile wants to make Nvidia obsolete and is backed by NATO and Intel's former CEO.

Intel announces 18A process node has entered risk production — crucial milestone comes as company ramps to Panther Lake chips

At its Vision 2025 conference, Intel announced that its 18A process node has entered risk production, a crucial milestone. This comes as the company gets ready to ramp up production of the upcoming Panther Lake chips and signifies the final steps of the 'five nodes in four years' plan started…

Tom’s Hardware

Same plan, different CEO: Intel's Lip-Bu Tan laments 'past mistakes' while promising a brighter 'engineering focused' future

Show me the innovation!

Ex-Intel CEO Gelsinger warns TSMC's $165B investment will not restore U.S. semiconductor leadership

Although TSMC will build an R&D facility in the U.S., its core R&D will remain in Taiwan, so the U.S. will keep following Taiwan even after TSMC builds out its Fab 21 site with six fab modules and two packaging facilities, says former CEO of Intel.

Tom’s Hardware

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Former Intel CEO, Pat Gelsinger becomes executive chairman of a 'Technology Platform Connecting the Faith Ecosystem' to work on Christian AI using DeepSeek

Former Intel CEO, Pat Gelsinger becomes executive chairman of a 'Technology Platform Connecting the Faith Ecosystem' to work on Christian AI using DeepSeek

Looks like Gloo is stuck with him.

Intel's new CEO, Lip-Bu Tan, will deliver a keynote speech to enterprise audiences at Vision 2025 — Streamed live on YouTube

Intel's new CEO, Lip-Bu Tan, will deliver a keynote speech to enterprise audiences at Vision 2025 — Streamed live on YouTube

Lip-Bu Tan prepares an opening keynote as the new Intel CEO, while his predecessor, Pat Gelsinger, wishes him well.

Windows Central

Pat Gelsinger supportive of Lip-Bu Tan, warns him about 'the short-termism of Wall Street'

Pat Gelsinger supportive of Lip-Bu Tan, warns him about 'the short-termism of Wall Street'

Pat Gelsinger expressed strong support for successor Lip-Bu Tan and the IDM 2.0 strategy, while acknowledging the immense financial and market pressures that made the transformation difficult.

Tom’s Hardware

Pat Gelsinger becomes executive chairman, head of technology at church-focused platform Gloo

Pat Gelsinger becomes executive chairman, head of technology at church-focused platform Gloo

Pat Gelsinger to lead development of one of the industry's first vertical industry clouds for faith and values-aligned AI at religious-oriented tech company Gloo.

Tom’s Hardware

At Nvidia's GTC event, Pat Gelsinger reiterated that Jensen 'got lucky with AI,' Intel missed the boat with Larrabee

At Nvidia's GTC event, Pat Gelsinger reiterated that Jensen 'got lucky with AI,' Intel missed the boat with Larrabee

Intel's struggles with AI were a result of the failed Larrabee project in 2009 – 2010.

Tom’s Hardware

INTC Stock Forecast: Can Lip-Bu Tan Create the ‘New Intel’ That Pat Gelsinger Couldn’t?

INTC Stock Forecast: Can Lip-Bu Tan Create the ‘New Intel’ That Pat Gelsinger Couldn’t?

Intel stock has rallied since the company appointed Lip-Bu Tan as its CEO.

Intel’s new CEO gets a $1 million salary plus $68 million in bonuses

Intel’s new CEO gets a $1 million salary plus $68 million in bonuses

Lip-Bu Tan will get a $1 million base annual salary for leading Intel, but his performance-related bonuses are worth so much more than that.

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Windows Central

Intel appoints industry veteran as new CEO to right the ship of the chipmaker

Intel just appointed industry veteran Lip-Bu Tan as its new CEO, giving him the challenge of turning around the struggling chipmaker. Tan, a former Intel board member and longtime semiconductor leader, replaces Pat Gelsinger after his sudden departure.

Intel reveals its new CEO

Intel has gained a new CEO three months after Pat Gelsinger announced he’d be leaving – Lip-Bu Tan to take post.

Intel's incoming Malaysian-born CEO is the latest Fortune 500 semiconductor exec to hail from Asia

Lip-Bu Tan, who was born in Malaysia and went to university in Singapore, will take over as Intel's CEO on March 18. The news sent shares up over 10%.

International Business Times

Struggling Intel Names Industry Veteran Lip-Bu Tan As CEO

Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race.

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Investors Business Daily

Intel Stock Rallies As Chip Giant Names New CEO

Intel stock rallied late Wednesday after the chip giant named Lip-Bu Tan as its new CEO.

Intel is still using TSMC for 30% of its wafer demands: 'We were talking about trying to get that to zero as quickly as possible. That's no longer the strategy'

So, not much has changed then.

Tom’s Hardware

Nvidia and Broadcom continue trialing Intel 18A test chips: Report

A new report suggests that Broadcom and Intel are continuing to test the Intel 18A manufacturing process, amid reports of setbacks for contract manufacturing customers.

Tom’s Hardware

'Fire the Intel board and rehire Pat Gelsinger,' argues former Intel CEO Craig Barrett

Craig Barrett suggests that dividing up Intel is the wrong move to take right now, especially as it just had a breakthrough in chip technology.

Intel is back—stop talking about breaking it up: Craig Barrett

If we want semiconductor manufacturing leadership in the U.S., then build on the current resurgence of Intel, don’t tear it apart.

Can 18A save Intel from being devoured by its rivals – and Wall Street?

Intel's 18A process technology is finally ready, but will it be enough to fend off the wolves?

Ex-Intel exec, Raja Koduri, blames the bureaucratic 'PowerPoint snakes' within the company for its current issues: 'These processes multiply and coil around engineers'

Such processes, he says, are "constraining their ability to execute on the product roadmap with the boldness it requires'."

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