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The Latest Breaking News from Patrick Gelsinger

Ex-Intel CEO Who Abruptly Resigned in Shock Announcement Asks People to Join Him in 'Praying and Fasting' for Intel Employees

Former Intel CEO Pat Gelsinger, who suddenly resigned from his position, took to social media to encourage his supporters to pray and fast on behalf of thousands of Intel employees as layoffs increase.

Latin Times

Intel Stock Price 2025 Prediction: Should You Check In after Gelsinger Checks Out?

Intel has lost over half of its market capitalization this year and is trading near multi-year lows. While the company has fired its CEO Pat Gelsinger, leadership change won't pull out Intel of its deep slump.

Barchart

Gelsinger fires back at recent stories about 18A's poor yields, schools social media commenters on defect densities and yields

Ex-Intel CEO Gelsinger is 'very proud of the TD/18A team for the incredible work and progress they are making'

Tom’s Hardware

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Intel Stock Is Where It Was 27 Years Ago: How The World's Leading Chipmaker Lost The Plot, Thrice

Intel Corp. (NASDAQ: INTC) stock has plummeted by over 56% YTD due to losing ground in chip market to rivals like AMD, Nvidia, Qualcomm.

Benzinga

CEOs losing pay are still really rich

Top execs are paid mostly through stock incentives, and their pay has ballooned far beyond their workers' earnings

Salon

How competition and quality sent Intel spiraling into survival mode

Now Intel needs to beat Apple's M4 or die trying

Laptop

Remember Intel's ex-CEO saying he'd 'bet the whole company' on 18A? A South Korean outlet says the yields are just 10%, although Intel says otherwise

If I make dinner and only 10% is edible, I consider myself to be in trouble.

PC Gamer

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Intel appoints two chip industry veterans to board, hunt for CEO continues

Days after Intel CEO Pat Gelsinger steps down, two industry veterans have joined the company’s board.

TechRadar

Intel's interim CEO suggests Gelsinger's replacement should have chip fabrication experience, giving a glimmer of hope that Intel foundry could remain

Could it be ride or die for Intel's chip fabrication?

PC Gamer

Should You Buy Intel Stock as the CEO Steps Down?

Intel's surprise CEO exit and ongoing financial struggles have left investors questioning the company's future, despite promising developments like a $7.86 billion CHIPS Act funding package and major deals with Microsoft and AWS.

Barchart

Intel just launched a brand new gaming graphics architecture but it has already designed a new generation of GPUs and it's working on the generation after that

Celestial, Druid, call them what you will, Intel still has a full gaming GPU road map. For now...

PC Gamer

Intel CEO Pat Gelsinger is gone but will Intel's chip fabs follow him out the door?

If AMD is the ultimate case study, kiss goodbye to Intel's fabs.

PC Gamer

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

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Tom’s Hardware

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.

PC Gamer

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.

MarketBeat

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

Tom’s Hardware

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.

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Top News

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...

Fortune

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.

Benzinga

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.

Barchart

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?

Investors Business Daily

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.

Fortune

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.

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.

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