Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
On Monday, tech-giant Intel announced that its CEO Pat Gelsinger had resigned following a tumultuous tenure at the company. Since he took over the company in February 2021, the company’s stock has plunged 61%, and the company announced in August that it ...
In an internal meeting on Monday, Intel's interim leadership addressed CEO Pat Gelsinger's abrupt departure.
Intel Chief Executive Pat Gelsinger was fired less than four years after taking over, leaving two lieutenants in charge while ...
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround efforts, leaving ...
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