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The Latest Breaking News from Patrick Gelsinger

Intel co-CEO David Zisner says 'core strategy remains intact' — Intel will continue to be a products and foundry company

Despite CEO change, Intel's board of directors still thinks that Intel may be a leading developer of CPUs and GPUs as well as a foundry.

Tom’s Hardware

Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again

Intel stock fell again Wednesday prompting an industry analyst to accuse the chip giant's board of mishandling its CEO's sudden exit.

Investors Business Daily

Shareholders pay up as Intel ex-CEO Pat Gelsinger is reportedly set to depart with a $12 million golden handshake

Pat Gelsinger will enjoy almost $12 million in severance payments as he steps down as the CEO of Intel.

Tom’s Hardware

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Intel partners with Acer once again for the new generation of Arc GPUs but it's not just gamers they have their eye on

Not exactly a curve-ball.

PC Gamer

Gelsinger Gone: What Intel’s Big Move Means for INTC Stock

Intel stock is down more than 8% after the resignation of CEO Pat Gelsinger; the worst may be over for the stock, but it will take some time before it's a Buy

MarketBeat

Intel's next CEO could be Lip-Bu Tan, a former member of the board who reportedly clashed with Gelsinger about strategy

Intel begins to shortlist potential candidates to the CEO position.

Tom’s Hardware

Intel CEO Pat Gelsinger To Receive Million Payout

Former Intel CEO Pat Gelsinger set to receive million exit package after facing challenges during his tenure. Intel seeks to navigate a competitive sem...

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Analysts reset Intel stock forecasts after CEO exits

This is what could happen next to Intel shares.

The Street

Pat Gelsinger lost out on $140 million in potential performance pay as Intel's CEO—but he still earned $39 million over three years

When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.

Fortune

Stocks mixed after record highs. Movers: AT&T, Tesla, Intel, more

Here are the stocks making the biggest market moves midday.

The Street

Intel's New CEO Change Unlikely To Help Gain Traction Versus Taiwan Semi And Nvidia: Analysts

Intel Corp (NASDAQ: INTC) narrows search for new CEO, ex-board member Lip-Bu Tan a potential candidate. Struggling chipmaker's stock down 52% YTD.

Benzinga

Down 53% YTD, Is Intel Stock Worth the Risk?

Intel, down 53% in 2024, just made a major change in its C-suite. Is this a dip-the-buy opportunity?

Barchart

Intel's Search For New CEO: What Investors Should Know

Intel has begun a search for a new CEO following the sudden departure of Pat Gelsinger. Here are key issues Intel stock investors should know.

Investors Business Daily

Intel's CFO has a tough new job: Serve as co-CEO to keep its finances from further 'deteriorating'

Michelle Johnston Holthaus will also act as interim co-CEO following Pat Gelsinger's departure.

Fortune

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TechRadar

Pat Gelsinger retires as Intel CEO following poor company performance

After a troubling financial period, Intel CEO Pat Gelsinger has stepped down after 40 years’ service to the company.

The Independent UK

Stock market today: Asian shares rise after tech stocks pull Wall Street to another record

Asian shares have mostly risen after technology stocks pulled Wall Street to another record finish

The Street

Pat Gelsinger: Intel CEO’s net worth & salary as he steps down

Here's how much Intel CEO Pat Gelsinger is worth as he steps down from the helm of the chipmaker, whose shares have lost around 61% of their value during his tenure.

Fortune

Intel's outgoing CEO is living every executive's nightmare: A post-departure stock bump and no succession plan

Pat Gelsinger’s troubles at Intel show that boards would rather take big swings than hope for the best.

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The Street

Intel faces massive shakeup as CEO Pat Gelsinger abruptly retires

Intel CEO Pat Gelsinger has retired effective December 1 and has also stepped down from the Board of Directors.

Fortune

A month before Intel CEO's surprise exit, former board members warned that the iconic chipmaker had only one option to save itself

In an October op-ed published by Fortune, a group of former directors praised Pat Gelsinger but called for him to carry out a complete breakup of the company.

Benzinga

Intel CEO Pat Gelsinger Forced Out By Board, Analysts Cheer Potential Strategy Shift: 'This Move Opens The Door'

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger announced his retirement on Monday. Reports indicate the Intel chief was forced out by Intel's board, which had grown frustrated with Gelsinger's turnaround progress.

The Independent UK

Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired

Fortune

Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone

The company has missed out on the AI boom, and shares plunged more than 60% during Pat Gelsinger’s tenure.

International Business Times UK

Quick Facts About Pat Gelsinger: Leadership Stint at Intel, Net Worth, Continued Struggle With Rivals

Gelsinger, who boasts a 40-year career spanning roles in the technology sector, departed the company amidst continued struggles of the US-based chip maker.

Investors Business Daily

Stock Market Today: Dow Jones Dips As Intel Fades After CEO Exit; This Warren Buffett Stock On 44% Run Clears Entry (Live Coverage)

The Dow Jones fell even as a Warren Buffett stock cleared an entry. Tesla rose on the stock market today but Intel gains faded.

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Michelle Johnston Holthaus

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