Intel CEO Gelsinger Retires - To The Moon

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- Lydia BlueLydia Blue
  ·12-03
  Why do tech companies hire tech illiterates to run their companies?
  Intel CEO Pat Gelsinger Retires From Struggling Chipmaker
  Intel CEO Pat Gelsinger to retireDec 2 (Reuters) - Chipmaker Intel INTC.O said on Monday CEO Pat Gelsinger will retire from the company. (Reporting by Arsheeya Bajwa in Bengaluru) ((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))
  Intel CEO Pat Gelsinger Retires From Struggling Chipmaker
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- VtTehVtTeh
  ·12-03
  $Intel(INTC)$ yay finally this lousy ceo is leaving... Can buy more intc now.
  Sorry, this post has been deleted
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- Lydia BlueLydia Blue
  ·12-03
  Why do tech companies hire tech illiterates to run their companies?
  Sorry, this post has been deleted
  69 Comment
  Like
  Share
  Report
- VtTehVtTeh
  ·12-03
  $Intel(INTC)$ yay finally this lousy ceo is leaving... Can buy more intc now.
  Sorry, this post has been deleted
  274 2
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(Reporting by Arsheeya Bajwa in Bengaluru) ((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))","content":"<html><head></head><body><p>Chipmaker Intel said on Monday CEO Pat Gelsinger retired from the chipmaker, effective Dec. 1.</p><p>The company named CFO David Zinsner and senior executive Michelle Johnston Holthaus as interim co-chief executive officers while its board conducted a search for a new CEO.</p><p>Intel shares surges 6% on the news.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f95c547a125a4c930bc02d35a9a2555\" title=\"\" tg-width=\"794\" tg-height=\"844\"/></p><p>Gelsinger was appointed as CEO in 2021 to spearhead a transformation of the chipmaker which was once at the helm of the U.S. semiconductor industry but ceded its manufacturing lead to players like Taiwan&#39;s TSMC.</p><p>&#34;While we have made significant progress in regaining manufacturing competitiveness and building the capabilities to be a world-class foundry, we know that we have much more work to do at the company and are committed to restoring investor confidence,&#34; Frank Yeary, independent chair of the board, said in a release.</p><p>Under Glesinger, Intel undertook a costly turnaround centered around making the company a contract manufacturer for other chip firms and reinvigorating its technological lead.</p><p>The company&#39;s board has formed a search committee to appoint Gelsinger&#39;s successor.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel CEO Pat Gelsinger Retires From Struggling Chipmaker</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Frank Yeary, independent chair of the board, said in a release.</p><p>Under Glesinger, Intel undertook a costly turnaround centered around making the company a contract manufacturer for other chip firms and reinvigorating its technological lead.</p><p>The company&#39;s board has formed a search committee to appoint Gelsinger&#39;s successor.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4535":"淡马锡持仓","BK4588":"碎股","BK4550":"红杉资本持仓","BK4575":"芯片概念","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4529":"IDC概念","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","INTC":"英特尔","BK4579":"人工智能","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4585":"ETF&股票定投概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","BK4512":"苹果概念","BK4141":"半导体产品"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241202:nL3N3N30SL:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2488679149","content_text":"Chipmaker Intel said on Monday CEO Pat Gelsinger retired from the chipmaker, effective Dec. 1.The company named CFO David Zinsner and senior executive Michelle Johnston Holthaus as interim co-chief executive officers while its board conducted a search for a new CEO.Intel shares surges 6% on the news.Gelsinger was appointed as CEO in 2021 to spearhead a transformation of the chipmaker which was once at the helm of the U.S. semiconductor industry but ceded its manufacturing lead to players like Taiwan's TSMC.\"While we have made significant progress in regaining manufacturing competitiveness and building the capabilities to be a world-class foundry, we know that we have much more work to do at the company and are committed to restoring investor confidence,\" Frank Yeary, independent chair of the board, said in a release.Under Glesinger, Intel undertook a costly turnaround centered around making the company a contract manufacturer for other chip firms and reinvigorating its technological lead.The company's board has formed a search committee to appoint Gelsinger's successor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377321445400616,"gmtCreate":1733158643952,"gmtModify":1733158648240,"author":{"id":"3573088667185930","authorId":"3573088667185930","name":"VtTeh","avatar":"https://community-static.tradeup.com/news/246dfa9b7e33b6ca94842cf6ef76dd90","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573088667185930","authorIdStr":"3573088667185930"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$&nbsp;</a> yay finally this lousy ceo is leaving... Can buy more intc now.","listText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$&nbsp;</a> yay finally this lousy ceo is leaving... Can buy more intc now.","text":"$Intel(INTC)$ yay finally this lousy ceo is leaving... Can buy more intc now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/377321445400616","repostId":"2488679149","repostType":2,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4192703931016312","authorId":"4192703931016312","name":"啊米诺斯","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4192703931016312","authorIdStr":"4192703931016312"},"content":"Kissinger is actually OK, but the long-term technical route he takes will really be useless for Intel's predicament for a while","text":"Kissinger is actually OK, but the long-term technical route he takes will really be useless for Intel's predicament for a while","html":"Kissinger is actually OK, but the long-term technical route he takes will really be useless for Intel's predicament for a while"}],"imageCount":0,"langContent":"EN","totalScore":0}],"essenList":[{"id":377343519703376,"gmtCreate":1733164034622,"gmtModify":1733175902809,"author":{"id":"4140171546349962","authorId":"4140171546349962","name":"Lydia Blue","avatar":"https://community-static.tradeup.com/news/9bd46688aaa9c8be448a33309621add6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4140171546349962","authorIdStr":"4140171546349962"},"themes":[],"htmlText":"Why do tech companies hire tech illiterates to run their companies?","listText":"Why do tech companies hire tech illiterates to run their companies?","text":"Why do tech companies hire tech illiterates to run their companies?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377343519703376","repostId":"2488679149","repostType":4,"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377321445400616,"gmtCreate":1733158643952,"gmtModify":1733158648240,"author":{"id":"3573088667185930","authorId":"3573088667185930","name":"VtTeh","avatar":"https://community-static.tradeup.com/news/246dfa9b7e33b6ca94842cf6ef76dd90","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573088667185930","authorIdStr":"3573088667185930"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$&nbsp;</a> yay finally this lousy ceo is leaving... Can buy more intc now.","listText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$&nbsp;</a> yay finally this lousy ceo is leaving... Can buy more intc now.","text":"$Intel(INTC)$ yay finally this lousy ceo is leaving... Can buy more intc now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/377321445400616","repostId":"2488679149","repostType":2,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4192703931016312","authorId":"4192703931016312","name":"啊米诺斯","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4192703931016312","authorIdStr":"4192703931016312"},"content":"Kissinger is actually OK, but the long-term technical route he takes will really be useless for Intel's predicament for a while","text":"Kissinger is actually OK, but the long-term technical route he takes will really be useless for Intel's predicament for a while","html":"Kissinger is actually OK, but the long-term technical route he takes will really be useless for Intel's predicament for a while"}],"imageCount":0,"langContent":"EN","totalScore":0}],"allBottom":false,"essenBottom":false}