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

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

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

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

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

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

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

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

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 Gelsinger would be replaced by interim co-CEOs David Zinsner, Intel’s chief financial officer, and Michelle ...

Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.

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