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Intel CEO retires
Intel CEO retires as chipmaker loses ground in AI revolution
Intel's CEO is stepping down as the stalwart American chipmaker has struggled to keep pace with the artificial intelligence revolution. The company announced that Pat Gelsinger, who'd led Intel since 2021 and logged more than 30 years in various positions with the chipmaker, had retired from the company effective Sunday.
Intel's CEO steps down as the chipmaker tries to restore investor confidence
Intel's share price has almost halved this year but jumped 3% at the market open Monday after Pat Gelsinger's retirement was announced.
Pat Gelsinger Suddenly Retires After Three Rough Years as Intel CEO
Intel's stock price has seen better days, but Pat Gelsinger has also led the company through numerous scandals with its latest processors.
6h
Intel Stock May Fall. ‘If HE Couldn’t Fix It, Can Anyone?’ Asks Expert
After a 52% stock plunge in 2024, a 6% revenue drop paired with a whopping $16.6 billion loss in the latest quarter, Intel’s ...
4h
on MSN
Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone
When Pat Gelsinger came back to Intel, hopes ran high that he would restore one of Silicon Valley’s most famous brands to its ...
11h
Intel’s new CEO faces tough AI market challenges
Intel says CEO Pat Gelsinger have retired, effective December 1st. Intel stock tanked an alarming 65% under Gelsinger as its ...
7d
on MSN
Intel's 20-year-old AI ethics prodigy on the future of artificial intelligence
Today, as one of Intel's AI architects and "evangelists" — yes, that's the real word — the 20-year-old is on the forefront of ...
9h
on MSN
Intel Corporation (INTC) Stock Rallies Amid Reports of Potential US Export Restrictions on Chinese Semiconductor Firms
We recently compiled a list of the 14 AI News That Broke The Internet This Week. In this article, we are going to take a look ...
3d
on MSN
Intel CEO highlights Xeon powering Musk's xAI AI node
CEO Pat Gelsinger highlighted the role of Intel’s Xeon processors used in Elon Musk’s AI venture, xAI.Intel’s Xeon processors ...
Analytics India Magazine
6d
Intel’s Promise to IISc is 10 AI PCs, for Now
Intel announced the establishment of its AI PC Experience Development Centres at two premier institutions: IISc and IITH.
2d
on MSN
Intel Corporation (INTC) Faces Criticism Over Employee Pay Growth Amid Layoffs and AI Rebranding
We recently compiled a list of the 9 AI News Updates That Analysts Are Monitoring. In this article, we are going to take a ...
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