Intel CEO Gelsinger Retires

Intel CEO Pat Gelsinger has retired from the chip maker and stepped down from the board, effective Dec. 1. Intel has named David Zinsner and Michelle Johnston Holthaus as interim co-chief executive officers while the board begins a search for a new CEO. Intel stock gained 5% to $25.25 in premarket trading. Shares of chipmaker Intel Corp jumped nearly 6% to $25.48 premarket.

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User Discussion

avatarLydia Blue
2024-12-03
Why do tech companies hire tech illiterates to run their companies?
Intel CEO Pat Gelsinger Retires From Struggling Chipmaker
avatarVtTeh
2024-12-03
$Intel(INTC)$  yay finally this lousy ceo is leaving... Can buy more intc now.
Intel CEO Pat Gelsinger Retires From Struggling Chipmaker