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 Chief Executive Pat Gelsinger has been forced out less than four years after taking the helm of the company, handing ...
Intel has started shortlisting a handful of candidates, including a former board member, to be its next chief executive.
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
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