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The Latest Breaking News from Patrick Gelsinger

Intel's Search For New CEO: What Investors Should Know

Intel has begun a search for a new CEO following the sudden departure of Pat Gelsinger. Here are key issues Intel stock investors should know.

Investors Business Daily

Intel's CFO has a tough new job: Serve as co-CEO to keep its finances from further 'deteriorating'

Michelle Johnston Holthaus will also act as interim co-CEO following Pat Gelsinger's departure.

Fortune

Pat Gelsinger retires as Intel CEO following poor company performance

After a troubling financial period, Intel CEO Pat Gelsinger has stepped down after 40 years’ service to the company.

TechRadar

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Stock market today: Asian shares rise after tech stocks pull Wall Street to another record

Asian shares have mostly risen after technology stocks pulled Wall Street to another record finish

The Independent UK

Intel's outgoing CEO is living every executive's nightmare: A post-departure stock bump and no succession plan

Pat Gelsinger’s troubles at Intel show that boards would rather take big swings than hope for the best.

Fortune

A month before Intel CEO's surprise exit, former board members warned that the iconic chipmaker had only one option to save itself

In an October op-ed published by Fortune, a group of former directors praised Pat Gelsinger but called for him to carry out a complete breakup of the company.

Fortune

Intel CEO Pat Gelsinger Forced Out By Board, Analysts Cheer Potential Strategy Shift: 'This Move Opens The Door'

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger announced his retirement on Monday. Reports indicate the Intel chief was forced out by Intel's board, which had grown frustrated with Gelsinger's turnaround progress.

Benzinga

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Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired

The Independent UK

Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone

The company has missed out on the AI boom, and shares plunged more than 60% during Pat Gelsinger’s tenure.

Fortune

Quick Facts About Pat Gelsinger: Leadership Stint at Intel, Net Worth, Continued Struggle With Rivals

Gelsinger, who boasts a 40-year career spanning roles in the technology sector, departed the company amidst continued struggles of the US-based chip maker.

International Business Times UK

Stock Market Today: Dow Jones Dips As Intel Fades After CEO Exit; This Warren Buffett Stock On 44% Run Clears Entry (Live Coverage)

The Dow Jones fell even as a Warren Buffett stock cleared an entry. Tesla rose on the stock market today but Intel gains faded.

Investors Business Daily

Intel CEO Pat Gelsinger retires: 'Leading Intel has been the honor of my lifetime'

Co-CEOs to take over for the interim as a successor is found.

PC Gamer

Intel CEO Pat Gelsinger Resigns Amid Company Struggles

Intel CEO Pat Gelsinger resigns amid challenges. Intel aims to revitalize and regain competitiveness in the tech market.

Top News

Intel Stock Wavers On CEO Pat Gelsinger's Departure

Intel announced Monday that CEO Pat Gelsinger has retired. Two senior executives have been named interim co-CEOs.

Investors Business Daily

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Windows Central

Intel's CEO just retired and the company's stock is already up by 5% (Update)

Intel CEO Pat Gelsinger just announced his retirement. Gelsinger was a 30-year Intel veteran when he rejoined the company as CEO in 2021 but has overseen a tumultuous time for the tech giant.

Tom’s Hardware

Intel CEO Pat Gelsinger retires, effective immediately — two co-CEOs step in

Intel announced that CEO Pat Gelsinger will retire and has stepped down from the board of directors, effective immediately.

Tom’s Hardware

Intel CEO Pat Gelsinger visits Elon Musk’s Memphis data center, touts Xeon deployment — praises xAI team for building it “in such a short amount of time”

Intel CEO Pat Gelsinger visits the Colossus AI Supercomputer and praises the xAI team for their quick work.

Windows Central

One of the biggest tech deals in history is likely to fall through, but would Qualcomm have been able to buy Intel anyway?

Qualcomm was reportedly interested in purchasing Intel in what would have been one of the largest tech deals ever. But now, Qualcomm's Intel is said to be cooling.

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Tom’s Hardware

Intel CEO reminds investors it provides TSMC with chipmaking equipment — Gelsinger emphasizes that TSMC is a strategic partner

The chief executive of Intel addresses the TSMC relationship and claims that the foundry is a strategically important partner and… customer.

PC Gamer

Intel CEO sees 'less need for discrete graphics' and now we're really worried about its upcoming Battlemage gaming GPU and the rest of Intel's graphics roadmap

Intel's CEO says 'large' integrated GPUs are the way forward.

Barchart

Is Intel Stock a Buy or a Sell After Being Kicked Out of The Dow?

S&P Dow Jones Indices has announced that Nvidia will replace Intel in the Dow Jones Industrial Average. Should you sell INTC stock or stay put despite it being kicked out of the 30-share index?

Tom’s Hardware

Intel CEO complains 'this is taking too long' after investing $30B but receiving zero CHIPS Act funding

Intel has invested over $30 billion in new fabs after the CHIPS Act was enacted and received zero funding from the government so far.

Laptop

Intel reveals why its controversial choice for Lunar Lake integrated RAM won't happen again

Intel won't be making the same controversial mistake with future laptop chips, a win for power users.

Tom’s Hardware

Lunar Lake's integrated memory is an expensive one-off — Intel rejects the approach for future CPUs due to margin impact

Panther Lake, Lunar Lake, and their successors will not have on-package memory.

Tom’s Hardware

Intel outlines plan to break free from TSMC manufacturing — 70% of Panther Lake at Intel fabs, Nova Lake almost entirely in-house

Intel is set to bring back in-house CPU production with Panther Lake and Nova Lake, but some products will still be made at TSMC.

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People

Michelle Johnston Holthaus

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David Zinsner

21 stories

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