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.
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston ...
Intel is in the process of shedding many non-core products and related assets while showing very positive results in its ...
When legendary former Intel CEO Andy Grove wrote his bestseller “Only the Paranoid Survive” in 1996 about how to predict tech inflection points that might undermine a business, the notion that his ...
CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a ...
A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
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