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The Latest Breaking News from Patrick Gelsinger

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

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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

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.

Windows Central

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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.

Tom’s Hardware

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.

Windows Central

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.

Tom’s Hardware

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.

PC Gamer

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?

Barchart

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.

Tom’s Hardware

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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.

PC Gamer

Lunar Lake's speedy onboard memory is a one-off, Intel's AI GPU is a flop and other news from CEO Pat Gelsinger's latest chinwag with investors

But no news of Battlemage graphics at all.

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Kiplinger

Is Intel Stock a Buy, Hold or Sell After Earnings?

Intel stock is moving higher Friday after the embattled chipmaker gave upbeat Q4 guidance, but Wall Street is staying on the sidelines for now. Here's what you need to know.

Investors Business Daily

Intel Posts Larger-Than-Expected Loss, But Outlook Is Better Than Feared

Chipmaker Intel posted a larger-than-expected loss for the third quarter on sales that were slightly above views.

Windows Central

"A very discourteous fellow." Intel's CEO made comments that blew a huge discount deal on TSMC chips, wiping the firm's profit margins according to this damning report.

Reuters is reporting that comments made by Intel CEO Pat Gelsinger blew up a long standing deal with chip manufacturer TSMC, obliterating Intel's margins in the process.

Windows Central

Intel's 'botched' $20 Billion NVIDIA acquisition shines a $3 Trillion light on the chipmaker's short-sightedness and missed opportunities in AI: "It would have been Intel's most expensive acquisition"

Intel reportedly almost bought NVIDIA for $20 billion in 2005 but its board of directors thwarted the plans because it would have been the firm's most expensive acquisition.

Tom’s Hardware

Intel CEO is "frustrated" with CHIPS Act payout progress — Intel has received $0 from the $8.5 billion that the US government promised

In an interview, Pat Gelsinger told the New York Times that he has been "frustrated with the process" of securing promised CHIPS Act funding. Biden's CHIPS Act promised $8.5b for Intel, but Intel has seen none of it so far.

PC Gamer

Intel's former CEO pushed for the chip maker to buy Nvidia for $20 billion in 2005—the GPU company is now worth $3.5 trillion

I don't think this so-called "Nvidia" will turn out to be much, anyway. Best left alone, I reckon.

Tom’s Hardware

Intel names long-term successor to its process technology development chief

Navid Shahriari will succeed Ann Kelleher as head of process technology development.

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