The resignation is effective as of December 1, 2024. Intel is currently looking for a new CEO, and in the meantime, it has ...

The longtime Intel employee had a tough mission to restore the company to its past glory, but he oversaw major layoffs and ...

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

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 ...

When Pat Gelsinger took the helm of Intel (NASDAQ: INTC) in 2021, the hope was that he could be the mastermind who engineered ...

Intel stock fell again Wednesday prompting an industry analyst to accuse the chipmaker's board of badly mishandling the ...

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

A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.

While the company searches for his replacement, CFO David Zinsner and Michelle Johnston Holthaus, CEO of Intel Products, will lead the company. Following the announcement, analysts are debating the ...

Pat Gelsinger has been forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to ...

That’s the company’s story line for public consumption, at least. But if you buy that, you’re not paying attention.

Intel has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of chief ...